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FirstService Corporation (FSV.TO)

Toronto - Toronto Real Time Price. Currency in CAD
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240.83+4.09 (+1.73%)
At close: 4:00PM EDT

FirstService Corporation

1255 Bay Street
Suite 600
Toronto, ON M5R 2A9
Canada
416 960 9566
http://www.firstservice.com

Sector(s)Real Estate
IndustryReal Estate Services
Full Time Employees24,000

Key Executives

NameTitlePayExercisedYear Born
Mr. Jay Stewart HennickFounder & Chairman307kN/A1957
Mr. D. Scott PattersonPres, CEO & Non-Independent Director1.17MN/A1961
Mr. Jeremy Alan RakusinChief Financial Officer659.8k7.2M1969
Mr. Alex NguyenSr. VP of Strategy & Corp. Devel.319.3kN/A1983
Mr. Douglas G. CookeSr. VP, Corp. Controller & Corp. Sec.342.9k5.59M1960
Mr. Charlie E. ChaseCEO & Pres of FirstService BrandsN/AN/A1961
Mr. David DiestelChief Exec. Officer of FirstService ResidentialN/AN/AN/A
Amounts are as of December 31, 2020 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in CAD.

Description

FirstService Corporation, together with its subsidiaries, provides residential property management and other essential property services to residential and commercial customers in the United States and Canada. The company operates in two segments, FirstService Residential and FirstService Brands. The FirstService Residential segment offers property management services for private residential communities, such as condominiums, co-operatives, homeowner associations, master-planned communities, active adult and lifestyle communities, and various other residential developments. This segment also provides a range of ancillary services, including on-site staffing for building engineering and maintenance, full-service swimming pool and amenity management, and security and concierge/front desk; and financial services comprising cash management, other banking transaction-related, and specialized property insurance brokerage. In addition, this segment offers energy management solutions and advisory services, and resale processing services. The FirstService Brands segment provides property services through 5 franchise networks; and company-owned locations, including 19 California Closets and 11 Paul Davis Restoration locations. It provides residential and commercial restoration, painting, and floor coverings design and installation services; custom-designed and installed closet, and home storage solutions; home inspection services; and fire protection and related services. This segment offers its services primarily under the Paul Davis Restoration, Interstate Restoration, FirstOnSite Restoration, Century Fire Protection, CertaPro Painters, California Closets, Pillar to Post Home Inspectors, and Floor Coverings International brand names. FirstService Corporation was founded in 1989 and is headquartered in Toronto, Canada.

Corporate Governance

FirstService Corporation’s ISS Governance QualityScore as of September 26, 2021 is 8. The pillar scores are Audit: 9; Board: 8; Shareholder Rights: 6; Compensation: 9.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.