Published on 10 May 2024 on Simply Wall St. via Yahoo Finance
Increases to Goodfellow Inc.'s (TSE:GDL) CEO Compensation Might Cool off for now
Key Insights
Goodfellow will host its Annual General Meeting on 16th of MayTotal pay for CEO Patrick Goodfellow includes CA$365.8k salaryTotal compensation is 43% above industry averageGoodfellow's total shareholder return over the past three years was 60% while its EPS was down 8.8% over the past three years
Despite strong share price growth of 60% for Goodfellow Inc. (TSE:GDL) over the last few years, earnings growth has been disappointing, which suggests something is amiss. 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. In our analysis below, we show why shareholders may consider holding off a raise for the CEO's compensation until company performance improves.