In This Article:
Key Insights
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Global Atomic to hold its Annual General Meeting on 26th of June
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CEO Stephen Roman's total compensation includes salary of CA$530.0k
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The total compensation is 51% higher than the average for the industry
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Over the past three years, Global Atomic's EPS fell by 58% and over the past three years, the total loss to shareholders 26%
Global Atomic Corporation (TSE:GLO) has not performed well recently and CEO Stephen Roman will probably need to up their game. Shareholders will be interested in what the board will have to say about turning performance around at the next AGM on 26th of June. This will be also be a chance where they can challenge the board on company direction and vote on resolutions such as executive remuneration. From our analysis, we think CEO compensation may need a review in light of the recent performance.
Check out our latest analysis for Global Atomic
How Does Total Compensation For Stephen Roman Compare With Other Companies In The Industry?
Our data indicates that Global Atomic Corporation has a market capitalization of CA$441m, and total annual CEO compensation was reported as CA$2.7m for the year to December 2023. We note that's an increase of 77% above last year. We think total compensation is more important but our data shows that the CEO salary is lower, at CA$530k.
On comparing similar companies from the Canadian Metals and Mining industry with market caps ranging from CA$274m to CA$1.1b, we found that the median CEO total compensation was CA$1.8m. Accordingly, our analysis reveals that Global Atomic Corporation pays Stephen Roman north of the industry median. What's more, Stephen Roman holds CA$32m worth of shares in the company in their own name, indicating that they have a lot of skin in the game.
Component | 2023 | 2022 | Proportion (2023) |
Salary | CA$530k | CA$465k | 20% |
Other | CA$2.2m | CA$1.0m | 80% |
Total Compensation | CA$2.7m | CA$1.5m | 100% |
Speaking on an industry level, nearly 94% of total compensation represents salary, while the remainder of 6% is other remuneration. In Global Atomic's case, non-salary compensation represents a greater slice of total remuneration, in comparison to the broader industry. If total compensation is slanted towards non-salary benefits, it indicates that CEO pay is linked to company performance.
Global Atomic Corporation's Growth
Global Atomic Corporation has reduced its earnings per share by 58% a year over the last three years. Its revenue is down 2.1% over the previous year.
The decline in EPS is a bit concerning. This is compounded by the fact revenue is actually down on last year. So given this relatively weak performance, shareholders would probably not want to see high compensation for the CEO. While we don't have analyst forecasts for the company, shareholders might want to examine this detailed historical graph of earnings, revenue and cash flow.