Bank of Montreal Management

Management criteria checks 4/4

Bank of Montreal's CEO is William White, appointed in Nov 2017, has a tenure of 6.42 years. total yearly compensation is CA$12.54M, comprised of 8.8% salary and 91.2% bonuses, including company stock and options. directly owns 0.006% of the company’s shares, worth CA$5.92M. The average tenure of the management team and the board of directors is 5.2 years and 8 years respectively.

Key information

William White

Chief executive officer

CA$12.5m

Total compensation

CEO salary percentage	8.8%
CEO tenure	6.4yrs
CEO ownership	0.006%
Management average tenure	5.2yrs
Board average tenure	8yrs

Recent management updates

Recent updates

Bank of Montreal's (TSE:BMO) Dividend Will Be Increased To CA$1.51

Jan 21

Bank of Montreal (TSE:BMO) Has Announced That It Will Be Increasing Its Dividend To CA$1.51

Dec 05

Bank of Montreal (TSE:BMO) Has Announced That It Will Be Increasing Its Dividend To CA$1.43

Dec 13

With EPS Growth And More, Bank of Montreal (TSE:BMO) Makes An Interesting Case

Dec 01

Here's Why We Think Bank of Montreal (TSE:BMO) Might Deserve Your Attention Today

Aug 18

CEO Compensation Analysis

How has William White's remuneration changed compared to Bank of Montreal's earnings?
Date	Total Compensation	Salary	Company Earnings
Jan 31 2024	n/a	n/a	CA$5b
Oct 31 2023	CA$13m	CA$1m	CA$4b
Jul 31 2023	n/a	n/a	CA$7b
Apr 30 2023	n/a	n/a	CA$7b
Jan 31 2023	n/a	n/a	CA$11b
Oct 31 2022	CA$14m	CA$1m	CA$13b
Jul 31 2022	n/a	n/a	CA$11b
Apr 30 2022	n/a	n/a	CA$12b
Jan 31 2022	n/a	n/a	CA$8b
Oct 31 2021	CA$15m	CA$1m	CA$8b
Jul 31 2021	n/a	n/a	CA$7b
Apr 30 2021	n/a	n/a	CA$6b
Jan 31 2021	n/a	n/a	CA$5b
Oct 31 2020	CA$11m	CA$1m	CA$5b
Jul 31 2020	n/a	n/a	CA$4b
Apr 30 2020	n/a	n/a	CA$5b
Jan 31 2020	n/a	n/a	CA$6b
Oct 31 2019	CA$11m	CA$1m	CA$6b
Jul 31 2019	n/a	n/a	CA$6b
Apr 30 2019	n/a	n/a	CA$6b
Jan 31 2019	n/a	n/a	CA$6b
Oct 31 2018	CA$10m	CA$1m	CA$5b
Jul 31 2018	n/a	n/a	CA$5b
Apr 30 2018	n/a	n/a	CA$5b
Jan 31 2018	n/a	n/a	CA$5b
Oct 31 2017	CA$8m	CA$750k	CA$5b

Compensation vs Market: William's total compensation ($USD9.18M) is about average for companies of similar size in the Canadian market ($USD8.20M).

Compensation vs Earnings: William's compensation has been consistent with company performance over the past year.

CEO

William White (51 yo)

6.4yrs

Tenure

CA$12,537,786

Compensation

Mr. William Darryl White is Chief Executive Officer of Bank of Montreal in November 1, 2017. He serves as a Director of Bank of Montreal since May 24, 2017, as well as its U.S. subsidiary, BMO Financial Co...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
William White	CEO & Director	6.4yrs	CA$12.54m	0.0063% CA$ 5.9m
Tayfun Tuzun	Chief Financial Officer	3.3yrs	CA$3.93m	no data
Steve Tennyson	Chief Technology & Operations Officer	5.4yrs	CA$4.77m	0.0035% CA$ 3.3m
Erminia Johannson	Group Head of North American Personal & Business Banking	6.2yrs	CA$5.32m	0.0023% CA$ 2.1m
Christine Viau	Head of Investor Relations	no data	no data	no data
Sharon Haward-Laird	General Counsel	3.3yrs	no data	0.00083% CA$ 775.3k
Kimberley Goode	Chief Communications & Social Impact Officer	2.7yrs	no data	no data
Catherine Roche	Chief Marketing Officer	no data	no data	no data
Mona Malone	Chief Human Resources Officer and Head of People	4.9yrs	no data	0.00029% CA$ 270.9k
Richard Rudderham	Head of Business Tech. Integration & Interim Head of Ent. Initiatives	4.9yrs	no data	no data
Michael Bonner	Senior VP and Regional Head of BC & Yukon	10.2yrs	no data	no data
Carolyn Booth	Head of Distribution of U.S. Personal & Business Banking - BMO Harris Bank	8.4yrs	no data	no data

5.2yrs

Average Tenure

Experienced Management: BMO's management team is seasoned and experienced (5.2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
William White	CEO & Director	6.9yrs	CA$12.54m	0.0063% CA$ 5.9m
George Cope	Independent Chairman of the Board	17.8yrs	CA$706.85k	0.011% CA$ 10.3m
Christine Edwards	Independent Director	13.7yrs	CA$594.61k	0.00046% CA$ 429.7k
Stephen Dent	Independent Director	3yrs	CA$250.00k	0.0034% CA$ 3.2m
David Harquail	Independent Director	6yrs	CA$265.00k	0.0025% CA$ 2.3m
Linda Huber	Independent Director	7yrs	CA$285.00k	0.00022% CA$ 205.5k
Eric La Fleche	Independent Director	12.1yrs	CA$250.00k	0.00096% CA$ 896.8k
Madhu Ranganathan	Independent Director	3yrs	CA$270.00k	0.000050% CA$ 46.7k
Lorraine Mitchelmore	Independent Director	9.1yrs	CA$355.00k	0.000080% CA$ 74.7k
Craig Broderick	Independent Director	5.7yrs	CA$348.05k	0.00069% CA$ 644.6k
Martin Eichenbaum	Independent Director	9.1yrs	CA$285.00k	0.00024% CA$ 224.2k
Janice Babiak	Independent Director	11.5yrs	CA$340.00k	0.000070% CA$ 65.4k

8.0yrs

Average Tenure

62.5yo

Average Age

Experienced Board: BMO's board of directors are considered experienced (8 years average tenure).

Bank of Montreal Management

Management criteria checks 4/4

Key information

Recent management updates

BMO Financial Group Announces Chief Executive Officer Changes

Bank of Montreal Appoints Hazel Claxton to Its Board of Directors

Bank of Montreal, Annual General Meeting, Apr 16, 2024

Chief Technology & Operations Officer exercised options to buy CA$2.6m worth of stock.

Independent Director recently bought CA$138k worth of stock

CEO & Director exercised options to buy CA$931k worth of stock.

Recent updates

BMO Launches Greener Future Financing Program to Help U.S. Businesses Build Climate Resilient Operations

Upcoming dividend of CA$1.51 per share

First quarter dividend of CA$1.51 announced

Bank of Montreal Declares Dividend on Common Shares, Payable on May 28, 2024

Upcoming dividend of CA$1.51 per share at 4.7% yield

Bank of Montreal's (TSE:BMO) Dividend Will Be Increased To CA$1.51

Bank of Montreal (TSE:BMO) Has Announced That It Will Be Increasing Its Dividend To CA$1.51

Full year 2023 earnings: EPS misses analyst expectations

Bank of Montreal Increases Common Share Dividend, Payable on February 27, 2024

Bank of Montreal Is Reportedly Exploring Sale of RV Loan Portfolio

Upcoming dividend of CA$1.47 per share at 5.4% yield

BMO Financial Group Announces Chief Executive Officer Changes

Bank of Montreal to Report Q1, 2024 Results on Feb 27, 2024

Bank of Montreal Appoints Hazel Claxton to Its Board of Directors

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Bank of Montreal, Annual General Meeting, Apr 16, 2024

Bank of Montreal (TSE:BMO) Will Pay A Larger Dividend Than Last Year At CA$1.47

Upcoming dividend of CA$1.47 per share at 4.8% yield

Abu Dhabi Developmental Holding Company PJSC and Bank of Montreal entered into definitive agreements to acquire an unknown minority stake in Sagard and Great-West Lifeco Inc. has agreed to increase its existing minority stake.

Bank of Montreal (TSE:BMO) Is Increasing Its Dividend To CA$1.47

Chief Technology & Operations Officer exercised options to buy CA$2.6m worth of stock.

Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Consensus EPS estimates fall by 18%

Bank of Montreal Declares Quarterly Dividend for the Third Quarter of Fiscal Year 2023, Payable on August 28, 2023

Should You Be Adding Bank of Montreal (TSE:BMO) To Your Watchlist Today?

Upcoming dividend of CA$1.43 per share at 4.6% yield

Independent Director recently bought CA$138k worth of stock

Consensus EPS estimates fall by 11%

CEO & Director exercised options to buy CA$931k worth of stock.

Consensus EPS estimates fall by 28%, revenue upgraded

Independent Chairman of the Board recently bought CA$2.2m worth of stock

Bank of Montreal's (TSE:BMO) Upcoming Dividend Will Be Larger Than Last Year's

First quarter 2023 earnings: EPS and revenues miss analyst expectations

BMO Financial Group Appoints Nadim Hirji as Group Head, BMO Commercial Banking, Effective March 1, 2023

BMO Rolls Out Its Enhanced BMO Harris Business Platinum Rewards Mastercard

Upcoming dividend of CA$1.43 per share

Bank of Montreal's (TSE:BMO) Upcoming Dividend Will Be Larger Than Last Year's

Bank of Montreal to Report Q3, 2023 Results on Aug 29, 2023

Bank of Montreal (TSE:BMO) Is Increasing Its Dividend To CA$1.43

Bank of Montreal (TSE:BMO) Has Announced That It Will Be Increasing Its Dividend To CA$1.43

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Bank of Montreal to Report Q4, 2022 Results on Dec 01, 2022

With EPS Growth And More, Bank of Montreal (TSE:BMO) Makes An Interesting Case

Platform Business and IFA Business of Convoy Global Holdings Limited completed the acquisition of AGBA Acquisition Limited (NasdaqCM:AGBA) from Agba Holding Limited and others in a reverse merger transaction.

Upcoming dividend of CA$1.39 per share

BMO Financial Group Appoints Viviane Croux as Head, Corporate Finance, Quebec

E la Carte, Inc. (Presto) completed the acquisition of Ventoux CCM Acquisition Corp. (NasdaqCM:VTAQ) from a group of sellers in a reverse merger transaction.

Bank of Montreal Declares Quarterly Dividend on Common Shares for the Fourth Quarter of Fiscal Year 2022, Payable on November 28, 2022

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Here's Why We Think Bank of Montreal (TSE:BMO) Might Deserve Your Attention Today

Bank of Montreal to Report Q3, 2022 Results on Aug 30, 2022

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age