Bank of Nova Scotia Management
Management criteria checks 3/4
Bank of Nova Scotia's CEO is L. Thomson, appointed in Dec 2022, has a tenure of 1.33 years. total yearly compensation is CA$9.40M, comprised of 9.8% salary and 90.2% bonuses, including company stock and options. directly owns 0.004% of the company’s shares, worth CA$3.38M. The average tenure of the management team and the board of directors is 5 years and 7.4 years respectively.
Key information
L. Thomson
Chief executive officer
CA$9.4m
Total compensation
| CEO salary percentage | 9.8% |
| CEO tenure | 1.3yrs |
| CEO ownership | 0.004% |
| Management average tenure | 5yrs |
| Board average tenure | 7.4yrs |
Recent management updates
Recent updates
Bank of Nova Scotia (TSE:BNS) Is Increasing Its Dividend To CA$1.06
Jun 21
With EPS Growth And More, Bank of Nova Scotia (TSE:BNS) Makes An Interesting Case
Jul 07Bank of Nova Scotia (TSE:BNS) Is Increasing Its Dividend To CA$1.03
Jun 02Is Now The Time To Put Bank of Nova Scotia (TSE:BNS) On Your Watchlist?
Apr 05Bank of Nova Scotia (TSE:BNS) Is Due To Pay A Dividend Of CA$0.90
Sep 24Bank of Nova Scotia (TSE:BNS) Is Due To Pay A Dividend Of CA$0.90
Sep 10Bank of Nova Scotia's (TSE:BNS) Dividend Will Be CA$0.90
Aug 27Bank of Nova Scotia (TSE:BNS) Has Affirmed Its Dividend Of CA$0.90
Jun 04CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jan 31 2024 | n/a | n/a | CA$7b |
| Oct 31 2023 | CA$9m | CA$918k | CA$7b |
| Jul 31 2023 | n/a | n/a | CA$8b |
| Apr 30 2023 | n/a | n/a | CA$8b |
| Jan 31 2023 | n/a | n/a | CA$9b |
| Oct 31 2022 | CA$320k | n/a | CA$10b |
| Jul 31 2022 | n/a | n/a | CA$10b |
| Apr 30 2022 | n/a | n/a | CA$10b |
| Jan 31 2022 | n/a | n/a | CA$10b |
| Oct 31 2021 | n/a | n/a | CA$9b |
| Jul 31 2021 | n/a | n/a | CA$9b |
| Apr 30 2021 | n/a | n/a | CA$8b |
| Jan 31 2021 | n/a | n/a | CA$7b |
| Oct 31 2020 | n/a | n/a | CA$7b |
| Jul 31 2020 | n/a | n/a | CA$7b |
| Apr 30 2020 | n/a | n/a | CA$7b |
| Jan 31 2020 | n/a | n/a | CA$8b |
| Oct 31 2019 | CA$263k | n/a | CA$8b |
| Jul 31 2019 | n/a | n/a | CA$8b |
| Apr 30 2019 | n/a | n/a | CA$8b |
| Jan 31 2019 | n/a | n/a | CA$8b |
| Oct 31 2018 | CA$235k | n/a | CA$8b |
| Jul 31 2018 | n/a | n/a | CA$8b |
| Apr 30 2018 | n/a | n/a | CA$8b |
| Jan 31 2018 | n/a | n/a | CA$8b |
| Oct 31 2017 | CA$235k | n/a | CA$8b |
Compensation vs Market: L.'s total compensation ($USD6.88M) is about average for companies of similar size in the Canadian market ($USD8.20M).
Compensation vs Earnings: L.'s compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
L. Thomson (53 yo)
1.3yrs
Tenure
CA$9,403,719
Compensation
Mr. L. Scott Thomson serves as CEO at The Bank of Nova Scotia since February 01, 2023. He is President of The Bank of Nova Scotia from December 01, 2022 and serves as its Director from 2016. Mr. Thomson ha...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.3yrs | CA$9.40m | 0.0044% CA$ 3.4m | |
| Group Head & CFO | 5.9yrs | CA$3.59m | 0.0030% CA$ 2.3m | |
| Group Head of International Banking | less than a year | CA$7.29m | no data | |
| Group Head of Technology & Operations | 4.1yrs | no data | 0.00011% CA$ 84.9k | |
| Head of Investor Relations | no data | no data | no data | |
| Executive VP & General Counsel | 6.3yrs | no data | 0.00015% CA$ 115.8k | |
| Executive VP & Chief Compliance Officer | 3.6yrs | no data | 0.000090% CA$ 69.5k | |
| Senior VP | no data | no data | no data | |
| Chief Human Resources Officer | less than a year | no data | no data | |
| Executive Vice President of Caribbean | 17.6yrs | no data | no data | |
| Executive Vice President of Retail Sales | 8.3yrs | no data | no data | |
| Vice Chair | 16.8yrs | no data | 0.00023% CA$ 177.5k |
5.0yrs
Average Tenure
Experienced Management: BNS's management team is seasoned and experienced (5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 8yrs | CA$9.40m | 0.0044% CA$ 3.4m | |
| Independent Director | 8yrs | CA$414.38k | 0.00047% CA$ 362.8k | |
| Independent Director | 3.4yrs | CA$325.00k | 0.0018% CA$ 1.4m | |
| Independent Director | 8.3yrs | CA$275.00k | 0.00012% CA$ 92.6k | |
| Independent Chairman of the Board | 11yrs | CA$500.00k | 0.0076% CA$ 5.8m | |
| Independent Director | 5.5yrs | CA$320.83k | 0.00025% CA$ 193.0k | |
| Independent Director | 3.6yrs | CA$275.00k | 0.00087% CA$ 671.5k | |
| Independent Director | 2.8yrs | CA$275.00k | 0.000080% CA$ 61.7k | |
| Independent Director | 10.3yrs | CA$342.04k | 0.00020% CA$ 154.4k | |
| Independent Director | 9.7yrs | CA$325.00k | 0.00056% CA$ 432.2k | |
| Independent Director | 6.8yrs | CA$275.00k | 0.0011% CA$ 887.6k | |
| Independent Director | 1.8yrs | CA$114.58k | 0.000080% CA$ 61.7k |
7.4yrs
Average Tenure
59.5yo
Average Age
Experienced Board: BNS's board of directors are considered experienced (7.4 years average tenure).