FirstService Corporation (FSV)

151.27 -4.12 (-2.65%) At close: 04:00PM EDT

FirstService Corporation

1255 Bay Street
Suite 600
Toronto, ON M5R 2A9
Canada

https://www.firstservice.com

Sector(s): Real Estate
Industry: Real Estate Services
Full Time Employees: 27,000

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Jay Stewart Hennick CM	Founder & Independent Chairman	309.25k	N/A	1957
Mr. D. Scott Patterson	CEO & Non-Independent Director	1.09M	10.38M	1961
Mr. Jeremy Alan Rakusin	Chief Financial Officer	529.2k	N/A	1969
Mr. Steve Carpenter	Sr. VP of Technology, Sustainability & Information Services	316.9k	N/A	1976
Mr. Alex Nguyen	Sr. VP of Strategy & Corp. Devel.	271.6k	N/A	1983
Mr. Douglas G. Cooke	Sr. VP, Corp. Controller & Corp. Sec.	281.6k	N/A	1960
Ms. Sarah Alberts	Director of Marketing & Communications of FirstService Residential Ontario	N/A	N/A	N/A
Patrick Tran	Sr. VP of Tax	N/A	N/A	N/A
Mr. Charlie E. Chase	CEO & Pres of FirstService Brands	N/A	N/A	1961
Mr. David Diestel	Chief Exec. Officer of FirstService Residential	N/A	N/A	1970

Amounts are as of December 31, 2022 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 USD.

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 operates and provides essential property services to residential and commercial customers through five franchise networks; and company-owned operations, including 21 California Closets, 14 Paul Davis Restoration, and 1 CertaPro Painters operations. 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, First Onsite 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 1, 2023 is 8. The pillar scores are Audit: 9; Board: 9; Shareholder Rights: 4; 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.