IGM Financial Management
Management criteria checks 4/4
IGM Financial's CEO is James O’Sullivan, appointed in Sep 2020, has a tenure of 4.17 years. total yearly compensation is CA$7.42M, comprised of 16.2% salary and 83.8% bonuses, including company stock and options. directly owns 0.019% of the company’s shares, worth CA$2.05M. The average tenure of the management team and the board of directors is 2.6 years and 10 years respectively.
Key information
James O’Sullivan
Chief executive officer
CA$7.4m
Total compensation
| CEO salary percentage | 16.2% |
| CEO tenure | 4.2yrs |
| CEO ownership | 0.02% |
| Management average tenure | 2.6yrs |
| Board average tenure | 10yrs |
Recent management updates
Recent updates
IGM Financial (TSE:IGM) Will Pay A Dividend Of CA$0.5625
Jun 19
IGM Financial's (TSE:IGM) Dividend Will Be CA$0.5625
May 14Most Shareholders Will Probably Agree With IGM Financial Inc.'s (TSE:IGM) CEO Compensation
Apr 27IGM Financial (TSE:IGM) Has Affirmed Its Dividend Of CA$0.5625
Mar 18IGM Financial (TSE:IGM) Is Paying Out A Dividend Of CA$0.5625
Feb 19IGM Financial (TSE:IGM) Has Announced A Dividend Of CA$0.5625
Dec 14IGM Financial (TSE:IGM) Has Affirmed Its Dividend Of CA$0.5625
Nov 30IGM Financial (TSE:IGM) Is Due To Pay A Dividend Of CA$0.5625
Nov 06IGM Financial (TSE:IGM) Will Pay A Dividend Of CA$0.5625
Aug 28IGM Financial (TSE:IGM) Has Affirmed Its Dividend Of CA$0.5625
Jun 21IGM Financial (TSE:IGM) Has Announced A Dividend Of CA$0.5625
Nov 17IGM Financial (TSE:IGM) Is Paying Out A Dividend Of CA$0.5625
Aug 26IGM Financial (TSE:IGM) Will Pay A Dividend Of CA$0.56
May 31IGM Financial (TSE:IGM) Is Due To Pay A Dividend Of CA$0.56
May 12Should You Be Adding IGM Financial (TSE:IGM) To Your Watchlist Today?
Apr 17IGM Financial (TSE:IGM) Will Pay A Dividend Of CA$0.56
Mar 03IGM Financial (TSE:IGM) Has Announced A Dividend Of CA$0.56
Feb 15IGM Financial (TSE:IGM) Has Affirmed Its Dividend Of CA$0.56
Dec 14IGM Financial (TSE:IGM) Will Pay A Dividend Of CA$0.56
Nov 09Is Now The Time To Put IGM Financial (TSE:IGM) On Your Watchlist?
Oct 28IGM Financial (TSE:IGM) Is Due To Pay A Dividend Of CA$0.56
Aug 10Here's Why I Think IGM Financial (TSE:IGM) Is An Interesting Stock
Jul 29IGM Financial Inc. (TSE:IGM) Is Yielding 5.2% - But Is It A Buy?
Apr 30Did IGM Financial's (TSE:IGM) Share Price Deserve to Gain 33%?
Mar 16CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | CA$879m |
| Jun 30 2024 | n/a | n/a | CA$851m |
| Mar 31 2024 | n/a | n/a | CA$771m |
| Dec 31 2023 | CA$7m | CA$1m | CA$926m |
| Sep 30 2023 | n/a | n/a | CA$947m |
| Jun 30 2023 | n/a | n/a | CA$951m |
| Mar 31 2023 | n/a | n/a | CA$1b |
| Dec 31 2022 | CA$7m | CA$1m | CA$856m |
| Sep 30 2022 | n/a | n/a | CA$903m |
| Jun 30 2022 | n/a | n/a | CA$959m |
| Mar 31 2022 | n/a | n/a | CA$992m |
| Dec 31 2021 | CA$6m | CA$1m | CA$979m |
| Sep 30 2021 | n/a | n/a | CA$939m |
| Jun 30 2021 | n/a | n/a | CA$860m |
| Mar 31 2021 | n/a | n/a | CA$806m |
| Dec 31 2020 | CA$4m | CA$359k | CA$764m |
Compensation vs Market: James's total compensation ($USD5.31M) is about average for companies of similar size in the Canadian market ($USD4.22M).
Compensation vs Earnings: James's compensation has been consistent with company performance over the past year.
CEO
James O’Sullivan (61 yo)
4.2yrs
Tenure
CA$7,420,868
Compensation
Mr. James P. O’Sullivan is Director of The Canada Life Assurance Company from 2024. Mr. O’Sullivan serves as Director of Great-West Lifeco Inc. since May 02, 2024. He served as the Strategic Advisor of Ban...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.2yrs | CA$7.42m | 0.019% CA$ 2.0m | |
| Executive VP & CFO | 2.3yrs | CA$1.56m | 0.0021% CA$ 228.3k | |
| President & CEO of IG Wealth Management | 4.2yrs | CA$5.40m | 0.0032% CA$ 354.5k | |
| President & CEO of Mackenzie Investments | 2.3yrs | CA$4.00m | no data | |
| Executive VP & COO | less than a year | no data | 0.0010% CA$ 109.8k | |
| Executive VP & Chief Information Officer | less than a year | no data | 0.0025% CA$ 272.2k | |
| Executive VP & General Counsel | no data | no data | 0.0030% CA$ 328.2k | |
| Executive VP & Chief Marketing Officer | no data | no data | 0.0024% CA$ 259.0k | |
| Executive VP & Chief Human Resources Officer | 6.2yrs | no data | no data | |
| Executive Vice-President of Products & Solutions for Mackenzie Investments | 2.7yrs | no data | no data | |
| Senior Vice President Financial Services | no data | no data | 0.0057% CA$ 624.5k | |
| Executive VP & Chief Risk Officer | 2.6yrs | no data | no data |
2.6yrs
Average Tenure
Experienced Management: IGM's management team is considered experienced (2.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.2yrs | CA$7.42m | 0.019% CA$ 2.0m | |
| Independent Corporate Director | 10.5yrs | CA$160.00k | 0.00038% CA$ 41.7k | |
| Independent Director | 32.6yrs | CA$167.50k | no data | |
| Independent Director | 41.2yrs | CA$157.50k | no data | |
| Independent Director | 15.5yrs | CA$228.00k | no data | |
| Independent Director | 26.6yrs | CA$285.50k | 0.00042% CA$ 46.1k | |
| Independent Chairman of the Board | 23.6yrs | CA$292.50k | 0.051% CA$ 5.6m | |
| Executive Chair of Investment Planning Counsel Inc. | 3.8yrs | no data | no data | |
| Independent Director | 6.5yrs | CA$197.50k | no data | |
| Independent Director | 9.5yrs | CA$190.00k | 0.0025% CA$ 277.7k | |
| Independent Director | 9.4yrs | CA$226.50k | no data | |
| Independent Director | 8.5yrs | CA$157.50k | no data |
10.0yrs
Average Tenure
65yo
Average Age
Experienced Board: IGM's board of directors are seasoned and experienced ( 10 years average tenure).