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What Did Parkland Fuel Corporation’s (TSE:PKI) CEO Take Home Last Year?

In 2011 Bob Espey was appointed CEO of Parkland Fuel Corporation (TSE:PKI). This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. Then we’ll look at a snap shot of the business growth. And finally we will reflect on how common stockholders have fared in the last few years, as a secondary measure of performance. This process should give us an idea about how appropriately the CEO is paid.

View our latest analysis for Parkland Fuel

How Does Bob Espey’s Compensation Compare With Similar Sized Companies?

At the time of writing our data says that Parkland Fuel Corporation has a market cap of CA$5.9b, and is paying total annual CEO compensation of CA$2m. We note that’s an increase of 18% above last year. As part of our analysis we looked at companies in the same jurisdiction, with market capitalizations of CA$2.6b to CA$8.4b. The median total CEO compensation was CA$4m.

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This would give shareholders a good impression of the company, since most similar size companies have to pay more, leaving less for shareholders. While this is a good thing, you’ll need to understand the business better before you can form an opinion.

You can see, below, how CEO compensation at Parkland Fuel has changed over time.

TSX:PKI CEO Compensation November 2nd 18
TSX:PKI CEO Compensation November 2nd 18

Is Parkland Fuel Corporation Growing?

Parkland Fuel Corporation has increased its earnings per share (EPS) by an average of 21% a year, over the last three years Its revenue is up 88% over last year.

This shows that the company has improved itself over the last few years. Good news for shareholders. It’s great to see that revenue growth is strong, too. These metrics suggest the business is growing strongly.

It could be important to check this free visual depiction of what analysts expect for the future.

Has Parkland Fuel Corporation Been A Good Investment?

Most shareholders would probably be pleased with Parkland Fuel Corporation for providing a total return of 122% over three years. As a result, some may believe the CEO should be paid more than is normal for companies of similar size.

In Summary…

It appears that Parkland Fuel Corporation remunerates its CEO below most similar sized companies. Many would consider this to indicate that the pay is modest since the business is growing. The pleasing shareholder returns are the cherry on top; you might even consider that Bob Espey deserves a raise!

Most shareholders like to see a modestly paid CEO combined with strong performance by the company. The cherry on top would be if company insiders are buying shares with their own money. So you may want to check if insiders are buying Parkland Fuel Corporation shares with their own money (free access).

Or you might prefer this data-rich interactive visualization of historic revenue and earnings.

To help readers see past the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price-sensitive company announcements.

The author is an independent contributor and at the time of publication had no position in the stocks mentioned. For errors that warrant correction please contact the editor at editorial-team@simplywallst.com.