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Performance at ICC Holdings, Inc. (NASDAQ:ICCH) has been reasonably good and CEO Arron Sutherland has done a decent job of steering the company in the right direction. This is something shareholders will keep in mind as they cast their votes on company resolutions such as executive remuneration in the upcoming AGM on 18 May 2021. However, some shareholders may still want to keep CEO compensation within reason.
Comparing ICC Holdings, Inc.'s CEO Compensation With the industry
Our data indicates that ICC Holdings, Inc. has a market capitalization of US$53m, and total annual CEO compensation was reported as US$621k for the year to December 2020. That's just a smallish increase of 6.3% on last year. Notably, the salary which is US$417.0k, represents most of the total compensation being paid.
For comparison, other companies in the industry with market capitalizations below US$200m, reported a median total CEO compensation of US$361k. This suggests that Arron Sutherland is paid more than the median for the industry. Furthermore, Arron Sutherland directly owns US$1.0m worth of shares in the company.
On an industry level, around 16% of total compensation represents salary and 84% is other remuneration. ICC Holdings is paying a higher share of its remuneration through a salary in comparison to the overall industry. If total compensation veers towards salary, it suggests that the variable portion - which is generally tied to performance, is lower.
ICC Holdings, Inc.'s Growth
ICC Holdings, Inc. has seen its earnings per share (EPS) increase by 73% a year over the past three years. In the last year, its revenue is down 7.7%.
Overall this is a positive result for shareholders, showing that the company has improved in recent years. The lack of revenue growth isn't ideal, but it is the bottom line that counts most in business. Although we don't have analyst forecasts, you might want to assess this data-rich visualization of earnings, revenue and cash flow.
Has ICC Holdings, Inc. Been A Good Investment?
With a total shareholder return of 5.7% over three years, ICC Holdings, Inc. has done okay by shareholders, but there's always room for improvement. In light of that, investors might probably want to see an improvement on their returns before they feel generous about increasing the CEO remuneration.
The company's decent performance might have made most shareholders happy, possibly making CEO remuneration the least of the concerns to be discussed in the upcoming AGM. Still, not all shareholders might be in favor of a pay raise to the CEO, seeing that they are already being paid higher than the industry.
CEO compensation is a crucial aspect to keep your eyes on but investors also need to keep their eyes open for other issues related to business performance. We've identified 2 warning signs for ICC Holdings that investors should be aware of in a dynamic business environment.
Of course, you might find a fantastic investment by looking at a different set of stocks. So take a peek at this free list of interesting companies.
This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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