Posted: 05/20/2025 03:57 am
Team, Inc. (NYSE: TISI) is a significant player in the field of miscellaneous repair services, known for its specialized services in asset integrity and digital solutions. This article examines the recent compensation patterns of key executives, highlighting how they align with the company's financial performance and strategic initiatives.
André C. Bouchard, who serves as Executive Vice President, Administration, Chief Legal Officer, and Secretary, saw a noticeable change in compensation in 2024. Bouchard's total compensation was $545,115, a significant decrease from $2,066,452 in 2023. This reduction was primarily due to the absence of stock awards and incentive plan compensation, which were key components of his 2023 package. In 2023, Bouchard's stock awards amounted to $1,383,656, and he received $148,000 under incentive plans, both of which were eliminated in 2024. The stable components in his compensation package were his salary and a $75,000 bonus, along with other compensations increasing modestly from $24,796 to $28,088^1^.
Comparing Bouchard's compensation package to that of previous years offers additional insights. In 2022, Robert J. Young, then President of the Asset Integrity & Digital Group, earned a total of $1,042,375, bolstered by a significant bonus of $643,877. Young's compensation reflects the company's emphasis on achieving its asset integrity goals during that period^2^. In contrast, the 2019 compensation for Young was considerably lower at $669,815, with reliance on salary and stock awards contributing to the bulk of the package, indicating a more traditional compensation structure without substantial bonuses^3^.
Going back further to 2018, Amerino Gatti, the then Chief Executive Officer, was awarded a total compensation of $7,261,146. This package was buoyed by substantial stock awards totaling $5,608,369, illustrating a strategy focused on aligning executive interests with shareholder value through equity-based incentives^4^.
Recent news shows that Team, Inc. is focused on financial recovery and growth, albeit having reported wider losses in Q1 of 2025. The company is targeting a 15% growth in EBITDA for the current year, aiming to achieve this through cost cuts, margin improvements, and stronger international performance^5^. The ongoing challenges are reflected in the current stock price, which stands at $20.89 — a decline from a year-high of $26.77 but a significant rise from the year's low of $6.73^6^.
These compensation trends suggest that Team, Inc. closely aligns executive rewards with its market performance and financial goals. The strategic shift towards reducing reliance on stock awards and incentives in Bouchard's recent package might reflect a broader organizational focus on cost management to achieve the desired financial turnaround in a challenging market environment.
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1. SEC Archives (2024 Andre C. Bouchard Compensation): [SEC Filing](https://www.sec.gov/Archives/edgar/data/318833/000031883325000030/0000318833-25-000030-index.htm)
2. SEC Archives (2023 Robert J. Young Compensation): [SEC Filing](https://www.sec.gov/Archives/edgar/data/318833/000031883323000012/0000318833-23-000012-index.htm)
3. SEC Archives (2019 Robert Young Compensation): [SEC Filing](https://www.sec.gov/Archives/edgar/data/318833/000031883322000020/0000318833-22-000020-index.htm)
4. SEC Archives (2018 Amerino Gatti Compensation): [SEC Filing](https://www.sec.gov/Archives/edgar/data/318833/000031883321000036/0000318833-21-000036-index.htm)
5. Zacks (Team Reports Wider Loss in Q1, Eyes 15% EBITDA Growth in 2025): [Zacks Article](https://www.zacks.com/stock/news/2473256/team-reports-wider-loss-in-q1-eyes-15-ebitda-growth-in-2025?cid=CS-STOCKNEWSAPI-FT-microcap_article|earnings-2473256)
6. GlobeNewswire (Team, Inc. Current Stock Information): [GlobeNewswire Article](https://www.globenewswire.com/news-release/2025/05/19/3084409/0/en/Aardvark-Therapeutics-Bolsters-Leadership-Team-with-Strategic-Hires-Across-Scientific-Commercial-Regulatory-and-Legal-Functions.html)
