RE:RE:CompensationLeigh Curyer is the most overpaid CEO in the U sector.
Is NXE overpaying the CEO? While no standard benchmark exists, as remuneration should be tailored to the specific company and market, we can evaluate a high-level yardstick to see if NXE is an outlier. This exercise helps investors ask the right question about Curyer’s incentive alignment. Normally, a Canadian small-cap has a value of $345M, creates earnings of $24M, and pays its CEO circa $770,000 per year. Usually I would look at market cap and earnings as a proxy for performance, however, NXE’s negative earnings lower the usefulness of my formula. Analyzing the range of remuneration for small-cap executives, it seems like Curyer’s pay is above other similar companies.
Dreaminthedream wrote:
FCU management deserves every penny they get paid ($2.3 million cash plus $1.6 million in equity). Almost double the averge compensation.
After all, just look at the fantastic increase in shareholder value they have produced. $.69 share price today.
They are amazing.