Increases to Quorum Information Technologies Inc.’s (CVE:QIS) CEO Compensation Might Cool off for now
Quorum Information Technologies Inc. (CVE:QIS) has exhibited strong share price growth in the past few years. However, its earnings growth has not kept up, suggesting that there may be something amiss. These concerns will be at the front of shareholders’ minds as they go into the AGM coming up on 08 October 2021. 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 what we gathered, we think shareholders should be wary of raising CEO compensation until the company shows some marked improvement.
Comparing Quorum Information Technologies Inc.’s CEO Compensation With the industry
According to our data, Quorum Information Technologies Inc. has a market capitalization of CA$76m, and paid its CEO total annual compensation worth CA$282k