FSV.TO - FirstService Corporation

Toronto - Toronto Delayed Price. Currency in CAD

FirstService Corporation

1140 Bay Street
Suite 4000
Toronto, ON M5S 2B4
Canada
416-960-9500
http://www.firstservice.com

SectorReal Estate
IndustryReal Estate Services
Full Time Employees22,000

Key Executives

NameTitlePayExercisedYear Born
Mr. Jay Steward HennickFounder & Chairman1.91MN/A1957
Mr. D. Scott PattersonPres, CEO & Non-Independent Director1.75M3.12M1961
Mr. Jeremy Alan RakusinChief Financial Officer828.7kN/A1969
Mr. Alex NguyenSr. VP of Strategy & Corp. Devel.391.5k285.6k1983
Mr. Douglas G. CookeSr. VP, Corp. Controller & Corp. Sec.417.6kN/A1960
Amounts are as of December 31, 2018 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 services to residential and commercial customers in the United States and Canada. The company operates through two segments, FirstService Residential and FirstService Brands. The FirstService Residential segment provides 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 offers a range of ancillary services, including on-site staffing for building engineering and maintenance, full-service amenity management, security and concierge/front desk, and landscaping; and financial services comprising cash management, other banking transaction-related services, and specialized property insurance brokerage. In addition, this segment provides energy management solutions and advisory services, and resale processing services. The FirstService Brands segment offers property services through 6 franchise networks; and company-owned locations, including 18 California Closets locations and 9 Paul Davis Restoration locations. It offers residential and commercial restoration, painting, and floor coverings design and installation services; custom-designed and installed closet, and home storage solutions; home inspection services; exterior residential painting and window cleaning services; fire protection services; and heating, ventilation, and air conditioning services, as well as related services. This segment provides its services primarily under the Paul Davis Restoration, CertaPro Painters, California Closets, Pillar to Post Home Inspectors, Floor Coverings International, College Pro Painters, and Century Fire Protection brand names. FirstService Corporation was founded in 1988 and is headquartered in Toronto, Canada.

Corporate Governance

FirstService Corporation’s ISS Governance QualityScore as of July 29, 2019 is 8. The pillar scores are Audit: 1; Board: 6; Shareholder Rights: 10; Compensation: 6.

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.