First National Financial Management
Management criteria checks 3/4
First National Financial's CEO is Jason Ellis, appointed in Nov 2019, has a tenure of 2.83 years. total yearly compensation is CA$1.86M, comprised of 59.3% salary and 40.7% bonuses, including company stock and options. directly owns 0.003% of the company’s shares, worth CA$86.19K. The average tenure of the management team and the board of directors is 8.4 years and 11.7 years respectively.
Key information
Jason Ellis
Chief executive officer
CA$1.9m
Total compensation
| CEO salary percentage | 59.3% |
| CEO tenure | 5yrs |
| CEO ownership | 0.003% |
| Management average tenure | 8.4yrs |
| Board average tenure | 11.7yrs |
Recent management updates
Recent updates
Insufficient Growth At First National Financial Corporation (TSE:FN) Hampers Share Price
Jul 17
First National Financial (TSE:FN) Will Pay A Dividend Of CA$0.2042
Jun 21First National Financial (TSE:FN) Is Paying Out A Dividend Of CA$0.2042
Apr 25First National Financial (TSE:FN) Is Paying Out A Dividend Of CA$0.2042
Mar 22First National Financial's (TSE:FN) Dividend Will Be CA$0.2042
Jan 20First National Financial's (TSE:FN) Shareholders Will Receive A Bigger Dividend Than Last Year
Nov 23First National Financial (TSE:FN) Is Increasing Its Dividend To CA$0.75
Nov 09First National Financial (TSE:FN) Has Affirmed Its Dividend Of CA$0.20
Oct 20First National Financial (TSE:FN) Is Paying Out A Dividend Of CA$0.20
Sep 26First National Financial (TSE:FN) Has Affirmed Its Dividend Of CA$0.20
Aug 26First National Financial's (TSE:FN) Dividend Will Be CA$0.20
Jul 20First National Financial (TSE:FN) Is Paying Out A Dividend Of CA$0.20
Jun 23First National Financial (TSE:FN) Has Announced A Dividend Of CA$0.20
Apr 21Industry Analysts Just Upgraded Their First National Financial Corporation (TSE:FN) Revenue Forecasts By 36%
Mar 03First National Financial (TSE:FN) Has Announced A Dividend Of CA$0.20
Feb 19CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | CA$181m |
| Jun 30 2024 | n/a | n/a | CA$228m |
| Mar 31 2024 | n/a | n/a | CA$263m |
| Dec 31 2023 | CA$2m | CA$1m | CA$249m |
| Sep 30 2023 | n/a | n/a | CA$247m |
| Jun 30 2023 | n/a | n/a | CA$204m |
| Mar 31 2023 | n/a | n/a | CA$177m |
| Dec 31 2022 | CA$1m | CA$1m | CA$195m |
| Sep 30 2022 | n/a | n/a | CA$194m |
| Jun 30 2022 | n/a | n/a | CA$202m |
| Mar 31 2022 | n/a | n/a | CA$193m |
| Dec 31 2021 | CA$1m | CA$900k | CA$192m |
| Sep 30 2021 | n/a | n/a | CA$219m |
| Jun 30 2021 | n/a | n/a | CA$244m |
| Mar 31 2021 | n/a | n/a | CA$242m |
| Dec 31 2020 | CA$1m | CA$700k | CA$187m |
| Sep 30 2020 | n/a | n/a | CA$167m |
| Jun 30 2020 | n/a | n/a | CA$155m |
| Mar 31 2020 | n/a | n/a | CA$148m |
| Dec 31 2019 | CA$885k | CA$575k | CA$174m |
| Sep 30 2019 | n/a | n/a | CA$157m |
| Jun 30 2019 | n/a | n/a | CA$149m |
| Mar 31 2019 | n/a | n/a | CA$151m |
| Dec 31 2018 | CA$834k | CA$408k | CA$163m |
| Sep 30 2018 | n/a | n/a | CA$177m |
| Jun 30 2018 | n/a | n/a | CA$184m |
| Mar 31 2018 | n/a | n/a | CA$206m |
| Dec 31 2017 | CA$669k | CA$358k | CA$205m |
Compensation vs Market: Jason's total compensation ($USD1.32M) is below average for companies of similar size in the Canadian market ($USD2.06M).
Compensation vs Earnings: Jason's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Jason Ellis (53 yo)
5yrs
Tenure
CA$1,856,434
Compensation
Mr. Jason Ellis has been Chief Executive Officer and Director at First National Financial Corporation since January 12, 2022 and serves as its President since November 11, 2019. Mr. Ellis joined First Nati...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder & Executive Chairman | 18.6yrs | CA$763.68k | 37.37% CA$ 964.3m | |
| CEO, President & Director | 5yrs | CA$1.86m | 0.0033% CA$ 86.2k | |
| Co-Founder | no data | CA$763.93k | 0.95% CA$ 24.5m | |
| Chief Financial Officer | 15.9yrs | CA$897.25k | no data | |
| Executive Vice President of Commercial Mortgages | no data | CA$1.12m | no data | |
| Executive Vice President of Residential Mortgages | no data | CA$954.35k | no data | |
| Executive VP & General Counsel | 11.8yrs | no data | no data | |
| Vice President of Human Resources | no data | no data | no data | |
| Executive VP & MD of Capital Markets | 2.8yrs | no data | no data | |
| President of Fundamental Creative Inc. | no data | no data | no data |
8.4yrs
Average Tenure
67yo
Average Age
Experienced Management: FN's management team is seasoned and experienced (8.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder & Executive Chairman | 18.6yrs | CA$763.68k | 37.37% CA$ 964.3m | |
| CEO, President & Director | 2.8yrs | CA$1.86m | 0.0033% CA$ 86.2k | |
| Co-Founder | 18.6yrs | CA$763.93k | 0.95% CA$ 24.5m | |
| Independent Director | 7.3yrs | CA$80.00k | 0.013% CA$ 322.8k | |
| Lead Independent Director | 18.4yrs | CA$110.00k | 0.011% CA$ 285.7k | |
| Independent Director | 18.4yrs | CA$80.00k | 0.018% CA$ 473.2k | |
| Independent Director | 11.7yrs | CA$90.00k | 0.0050% CA$ 129.0k | |
| Independent Director | 2.1yrs | CA$80.00k | 0.017% CA$ 430.4k | |
| Independent Director | 2.1yrs | CA$80.00k | 0.0033% CA$ 86.2k |
11.7yrs
Average Tenure
67yo
Average Age
Experienced Board: FN's board of directors are seasoned and experienced ( 11.7 years average tenure).