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Kingsway Financial Services Inc KFS

Kingsway Financial Services Inc. is a holding company that owns or controls subsidiaries primarily in the extended warranty and business services industries. Its segments include Extended Warranty and Kingsway Search Xcelerator. It serves the extended warranty industry through its subsidiaries, IWS Acquisition Corporation (IWS), Penn Warranty, Preferred Warranties and Trinity Warranty Solutions. IWS is a licensed motor vehicle service agreement company and is a provider of after-market vehicle protection services distributed by credit unions in approximately 24 states and the District of Columbia to their members, with customers in all 50 states. It serves the business services industry through its subsidiaries, CSuite Financial Partners, LLC (CSuite), Ravix Group, Inc., Secure Nursing Service, SPI Software, Digital Diagnostics, Inc., and Image Solutions LLC. CSuite is a professional services firm that provides experienced chief financial officers and other finance professionals.


NYSE:KFS - Post by User

Post by prestedon May 25, 2016 3:22pm
225 Views
Post# 24903960

Executive compensation excessive.

Executive compensation excessive.I cannot see the justification for increasing the salary of Tharp and Parry from $189,428 to $485,497, and doubling the salary of the CFO at the same time as they introduce a managing director with a salary of $444,763. 
  If this is their idea of shareholder governance they had better start showing some accrual to the shareholders. I for one am very wary that we are being taken advantage of.
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