The compensation of the CEO of WillScot Mobile Mini Holdings Corp. (NASDAQ: WSC) Seems Deserved and Here’s Why
It would be hard to ignore the role CEO Brad Soultz has played in delivering impressive results at WillScot Mobile Mini Holdings Corp. (NASDAQ: WSC) recently. Shareholders will have this in mind at the next AGM on June 11, 2021. The focus will likely be on the company’s future strategy as shareholders vote on resolutions such as executive compensation and others. Questions. In light of the excellent performance, we discuss why we believe the CEO compensation is not excessive.
Check out our latest review for WillScot Mobile Mini Holdings
How does Brad Soultz’s total compensation compare to that of other companies in the industry?
At the time of writing, our data shows that WillScot Mobile Mini Holdings Corp. has a market capitalization of US $ 6.4 billion and reported total annual CEO compensation of US $ 6.1 million for the year through December 2020. This includes an increase of 33 %. during the previous year. While we always look at total compensation first, our analysis shows that the salary component is smaller at US $ 797,000.
Comparing similar companies in the same industry with market capitalizations ranging from US $ 4.0 billion to US $ 12 billion, we found that the median total CEO compensation was US $ 7.5 million. This suggests that WillScot Mobile Mini Holdings pays its CEO largely in line with the industry average. Additionally, Brad Soultz owns $ 5.8 million in company stock in his own name, indicating that they have a lot of skin in the game.
|Salary||US $ 797,000||US $ 715,000||13%|
|Other||US $ 5.3 million||US $ 3.9 million||87%|
|Total compensation||US $ 6.1 million||4.6 million US dollars||100%|
At the industry level, approximately 22% of total compensation is salary and 78% is other compensation. WillScot Mobile Mini Holdings pays a modest bracket of pay through pay, compared to the industry as a whole. If the total compensation is oriented towards non-salary benefits, this indicates that the CEO’s compensation is linked to the performance of the company.
A look at the growth numbers for WillScot Mobile Mini Holdings Corp.
WillScot Mobile Mini Holdings Corp. has seen its earnings per share (EPS) increase by 115% per year over the past three years. It achieved 44% revenue growth over last year.
This shows that the company has improved recently and this is good news for shareholders. Most shareholders would be delighted to see strong revenue growth combined with EPS growth. This combo suggests a rapidly growing business. Historical performance can sometimes be a good indicator of what happens next, but if you want to take a look at the future of the business, this might be of interest to you. free viewing analyst forecasts.
WillScot Mobile Mini Holdings Corp. was it a good investment?
Most shareholders would likely be happy with WillScot Mobile Mini Holdings Corp. for providing a total return of 133% over three years. This strong performance could mean that some shareholders would not object to the CEO being paid more than is normal for a company of its size.
Some shareholders are likely to be more lenient with CEO compensation at the next annual general meeting given the company’s satisfactory performance recently. In saying this, some shareholders may think that the most important questions to be addressed may be how management plans to steer the business towards sustainable profitability in the future.
CEO compensation is a crucial aspect to watch, but investors should also keep their eyes open for other issues related to company performance. We did our research and spotted 1 warning sign for WillScot Mobile Mini Holdings that investors should consider moving forward.
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