Yahoo Finance

Key Insights

• Algoma Central to hold its Annual General Meeting on 1st of May

• Salary of CA$670.0k is part of CEO Gregg Ruhl's total remuneration

• The overall pay is 432% above the industry average

• Over the past three years, Algoma Central's EPS grew by 20% and over the past three years, the total shareholder return was 7.8%

Under the guidance of CEO Gregg Ruhl, Algoma Central Corporation (TSE:ALC) has performed reasonably well recently. In light of this performance, CEO compensation will probably not be the main focus for shareholders as they go into the AGM on 1st of May. However, some shareholders may still be hesitant of being overly generous with CEO compensation.

Check out our latest analysis for Algoma Central

How Does Total Compensation For Gregg Ruhl Compare With Other Companies In The Industry?

At the time of writing, our data shows that Algoma Central Corporation has a market capitalization of CA$581m, and reported total annual CEO compensation of CA$2.3m for the year to December 2023. Notably, that's an increase of 11% over the year before. We think total compensation is more important but our data shows that the CEO salary is lower, at CA$670k.

In comparison with other companies in the Canada Shipping industry with market capitalizations ranging from CA$274m to CA$1.1b, the reported median CEO total compensation was CA$433k. This suggests that Gregg Ruhl is paid more than the median for the industry. Moreover, Gregg Ruhl also holds CA$118k worth of Algoma Central stock directly under their own name.

Talking in terms of the industry, salary represented approximately 21% of total compensation out of all the companies we analyzed, while other remuneration made up 79% of the pie. Algoma Central is paying a higher share of its remuneration through a salary in comparison to the overall industry. If total compensation is slanted towards non-salary benefits, it indicates that CEO pay is linked to company performance.

A Look at Algoma Central Corporation's Growth Numbers

Algoma Central Corporation has seen its earnings per share (EPS) increase by 20% a year over the past three years. Its revenue is up 6.4% over the last year.

This demonstrates that the company has been improving recently and is good news for the shareholders. It's nice to see revenue heading northwards, as this is consistent with healthy business conditions. Moving away from current form for a second, it could be important to check this free visual depiction of what analysts expect for the future.