CI Financial Management
Management criteria checks 3/4
CI Financial's CEO is Kurt MacAlpine, appointed in Sep 2019, has a tenure of 4.67 years. total yearly compensation is CA$7.33M, comprised of 16.6% salary and 83.4% bonuses, including company stock and options. directly owns 0.34% of the company’s shares, worth CA$8.37M. The average tenure of the management team and the board of directors is 3.5 years and 5.9 years respectively.
Key information
Kurt MacAlpine
Chief executive officer
CA$7.3m
Total compensation
| CEO salary percentage | 16.6% |
| CEO tenure | 4.7yrs |
| CEO ownership | 0.3% |
| Management average tenure | 3.5yrs |
| Board average tenure | 5.9yrs |
Recent management updates
Recent updates
CI Financial's (TSE:CIX) Shareholders Will Receive A Bigger Dividend Than Last Year
Nov 10
CI Financial (TSE:CIX) Will Pay A Larger Dividend Than Last Year At CA$0.20
Sep 30CI Financial (TSE:CIX) Has Affirmed Its Dividend Of CA$0.18
Jul 28CI Financial's (TSE:CIX) Dividend Will Be CA$0.18
Jul 14CI Financial (TSE:CIX) Has Affirmed Its Dividend Of CA$0.18
Jun 23CI Financial (TSE:CIX) Is Paying Out A Dividend Of CA$0.18
May 12CI Financial (TSE:CIX) Is Paying Out A Dividend Of CA$0.18
Apr 01CI Financial (TSE:CIX) Will Pay A Dividend Of CA$0.18
Jan 24CI Financial (TSE:CIX) Is Due To Pay A Dividend Of CA$0.18
Dec 30CI Financial's (TSE:CIX) Dividend Will Be CA$0.18
Nov 26CI Financial Corp. Just Missed EPS By 89%: Here's What Analysts Think Will Happen Next
Nov 13CI Financial (TSE:CIX) Is Due To Pay A Dividend Of CA$0.18
Nov 12CI Financial (TSE:CIX) Is Due To Pay A Dividend Of CA$0.18
Oct 13CI Financial (TSE:CIX) Is Due To Pay A Dividend Of CA$0.18
Sep 16The CI Financial Corp. (TSE:CIX) Analysts Have Been Trimming Their Sales Forecasts
Aug 17CI Financial (TSE:CIX) Has Announced A Dividend Of CA$0.18
Aug 13CI Financial (TSE:CIX) Is Due To Pay A Dividend Of CA$0.18
Jul 15CI Financial (TSE:CIX) Has Announced A Dividend Of CA$0.18
Jul 01CI Financial (TSE:CIX) Will Pay A Dividend Of CA$0.18
Jun 17CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | CA$5m |
| Sep 30 2023 | n/a | n/a | CA$59m |
| Jun 30 2023 | n/a | n/a | CA$86m |
| Mar 31 2023 | n/a | n/a | CA$192m |
| Dec 31 2022 | CA$7m | CA$1m | CA$300m |
| Sep 30 2022 | n/a | n/a | CA$433m |
| Jun 30 2022 | n/a | n/a | CA$462m |
| Mar 31 2022 | n/a | n/a | CA$423m |
| Dec 31 2021 | CA$11m | CA$1m | CA$409m |
| Sep 30 2021 | n/a | n/a | CA$391m |
| Jun 30 2021 | n/a | n/a | CA$477m |
| Mar 31 2021 | n/a | n/a | CA$480m |
| Dec 31 2020 | CA$6m | CA$800k | CA$476m |
| Sep 30 2020 | n/a | n/a | CA$519m |
| Jun 30 2020 | n/a | n/a | CA$527m |
| Mar 31 2020 | n/a | n/a | CA$519m |
| Dec 31 2019 | CA$5m | CA$267k | CA$538m |
Compensation vs Market: Kurt's total compensation ($USD5.34M) is above average for companies of similar size in the Canadian market ($USD2.32M).
Compensation vs Earnings: Kurt's compensation has been consistent with company performance over the past year.
CEO
Kurt MacAlpine (40 yo)
4.7yrs
Tenure
CA$7,328,854
Compensation
Mr. Kurt MacAlpine is Chief Executive Officer of Corient Private Wealth LLC from March 2022. He serves as CEO & Director at CI Financial Corp. (formerly known as CI Financial Income Fund) since September 1...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 4.7yrs | CA$7.33m | 0.34% CA$ 8.4m | |
| President | 5.7yrs | CA$1.61m | 0.075% CA$ 1.8m | |
| Executive VP & CFO | 3yrs | CA$1.62m | 0.037% CA$ 914.9k | |
| Executive VP | 1.3yrs | CA$2.60m | 0.020% CA$ 501.6k | |
| Executive VP & Chief Marketing Officer | no data | CA$1.32m | 0.025% CA$ 606.0k | |
| Vice President of Investor Relations & Strategy | no data | no data | no data | |
| Executive VP & Chief Legal Officer | 5.3yrs | CA$1.16m | 0.018% CA$ 450.8k | |
| Vice President of Communications | no data | no data | no data | |
| Executive VP & Chief Human Resources Officer | 1.8yrs | no data | 0.0030% CA$ 73.3k | |
| Chief Risk Officer | 3.5yrs | no data | 0.020% CA$ 484.1k | |
| Corporate Secretary | no data | no data | no data | |
| Senior Vice President of CI Investments Inc | no data | no data | no data |
3.5yrs
Average Tenure
Experienced Management: CIX's management team is considered experienced (3.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 4.7yrs | CA$7.33m | 0.34% CA$ 8.4m | |
| Independent Director | 10.6yrs | CA$185.00k | 0.0092% CA$ 226.1k | |
| Chairman of the Board | 30.3yrs | CA$250.00k | 7.43% CA$ 183.4m | |
| Independent Director | 2.3yrs | CA$151.11k | 0.017% CA$ 418.7k | |
| Independent Director | 5.9yrs | CA$170.00k | 0.26% CA$ 6.4m | |
| Independent Director | 5.2yrs | CA$180.00k | 0.17% CA$ 4.2m | |
| Independent Director | 5.9yrs | CA$170.00k | 0.32% CA$ 7.9m |
5.9yrs
Average Tenure
60yo
Average Age
Experienced Board: CIX's board of directors are considered experienced (5.9 years average tenure).