In This Article:
Key Insights
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Swiss Water Decaffeinated Coffee's Annual General Meeting to take place on 16th of May
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CEO Frank Dennis' total compensation includes salary of CA$399.5k
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The overall pay is 108% above the industry average
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Swiss Water Decaffeinated Coffee's total shareholder return over the past three years was 25% while its EPS was down 53% over the past three years
Despite Swiss Water Decaffeinated Coffee Inc.'s (TSE:SWP) share price growing positively in the past few years, the per-share earnings growth has not grown to investors' expectations, suggesting that there could be other factors at play driving the share price. These concerns will be at the front of shareholders' minds as they go into the AGM coming up on 16th of May. It would also be an opportunity for them to influence management through exercising their voting power on company resolutions, including CEO and executive remuneration, which could impact on firm performance in the future. From the data that we gathered, we think that shareholders should hold off on a raise on CEO compensation until performance starts to show some improvement.
View our latest analysis for Swiss Water Decaffeinated Coffee
Comparing Swiss Water Decaffeinated Coffee Inc.'s CEO Compensation With The Industry
According to our data, Swiss Water Decaffeinated Coffee Inc. has a market capitalization of CA$38m, and paid its CEO total annual compensation worth CA$829k over the year to December 2023. We note that's a decrease of 16% compared to last year. While we always look at total compensation first, our analysis shows that the salary component is less, at CA$399k.
On comparing similar-sized companies in the Canadian Food industry with market capitalizations below CA$274m, we found that the median total CEO compensation was CA$399k. Hence, we can conclude that Frank Dennis is remunerated higher than the industry median. What's more, Frank Dennis holds CA$1.1m 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$399k | CA$381k | 48% |
| Other | CA$429k | CA$610k | 52% |
| Total Compensation | CA$829k | CA$991k | 100% |
Speaking on an industry level, nearly 51% of total compensation represents salary, while the remainder of 49% is other remuneration. Although there is a difference in how total compensation is set, Swiss Water Decaffeinated Coffee more or less reflects the market in terms of setting the salary. It's important to note that a slant towards non-salary compensation suggests that total pay is tied to the company's performance.