Bullboard - Stock Discussion Forum Andrew Peller Ltd T.ADW.A

Alternate Symbol(s): ADWPF | T.ADW.B

Consumer Defensive Beverages - Wineries & Distilleries

Andrew Peller Limited is a producer and marketer of wines and craft beverage alcohol products in Canada. With wineries in British Columbia, Ontario and Nova Scotia, the Company markets wines produced from grapes grown in Ontario’s Niagara Peninsula, British Columbia's Okanagan and Similkameen Valleys, and from vineyards around the world. Its premium and ultra-premium Vintners' Quality Alliance... see more

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TSX:ADW.A - Post Discussion

Andrew Peller Ltd > Management tips

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Post by TheCount11 on Nov 08, 2024 8:21pm

Management tips

Here at Peller we pay ourselves first!

months	2023	2024	% inc
3	$1,844	$2,186	19%
6	$3,893	$4,522	16%

The compensation expense recorded for directors and members of the Executive Management Team increased by 16% while EPS for 6 months has been $0.10 while dividends (Class A $0.123 per share, Class B $0.107 per share) are unsustainable.

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Comment by Puma1back on Nov 10, 2024 10:18am

i believe the increase is more attributable to the fact that outgoing CEO& inbound CEO have overlapping periods as is usual in most transitions in the suite.

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Comment by TheCount11 on Nov 11, 2024 2:13pm

I have never seen the beverage industry with a 16% increase in compensation during a CEO "transition" except for the "Peller Plunder". Do you have any examples? Deirdre Mahlan became President, Chief Executive Officer and Chairperson of Duckhorn in April 2024. Previous CEO didn't do the "Peller Plunder".

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Andrew Peller Ltd