IGM Financial Management
Management criteria checks 4/4
IGM Financial's CEO is James O'Sullivan, appointed in Sep 2020, has a tenure of 3.67 years. total yearly compensation is CA$7.42M, comprised of 16.2% salary and 83.8% bonuses, including company stock and options. directly owns 0.018% of the company’s shares, worth CA$1.47M. The average tenure of the management team and the board of directors is 2.1 years and 11 years respectively.
Key information
James O'Sullivan
Chief executive officer
CA$7.4m
Total compensation
| CEO salary percentage | 16.2% |
| CEO tenure | 3.7yrs |
| CEO ownership | 0.02% |
| Management average tenure | 2.1yrs |
| Board average tenure | 11yrs |
Recent management updates
Recent updates
Most Shareholders Will Probably Agree With IGM Financial Inc.'s (TSE:IGM) CEO Compensation
Apr 27
IGM 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 16Is IGM Financial Inc. (TSE:IGM) A Smart Pick For Income Investors?
Jan 27
Would Shareholders Who Purchased IGM Financial's (TSE:IGM) Stock Three Years Be Happy With The Share price Today?
Dec 16CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | CA$7m | CA$1m | CA$926m |
| Sep 30 2023 | n/a | n/a | CA$958m |
| Jun 30 2023 | n/a | n/a | CA$962m |
| 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$764m |
Compensation vs Market: James's total compensation ($USD5.39M) is about average for companies of similar size in the Canadian market ($USD4.33M).
Compensation vs Earnings: James's compensation has been consistent with company performance over the past year.
CEO
James O'Sullivan (59 yo)
3.7yrs
Tenure
CA$7,420,868
Compensation
Mr. James O'Sullivan has been President, Chief Executive Officer and Director at IGM Financial Inc. since September 14, 2020. He serves as a Director of Wealthsimple Financial Inc. since November 2022. He...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.7yrs | CA$7.42m | 0.018% CA$ 1.5m | |
| Executive VP & CFO | 1.8yrs | CA$1.56m | 0.0021% CA$ 169.4k | |
| President & CEO of IG Wealth Management | 3.7yrs | CA$5.40m | 0.0032% CA$ 262.7k | |
| President & CEO of Mackenzie Investments | 1.8yrs | CA$4.00m | no data | |
| Executive VP & COO | less than a year | no data | 0.00099% CA$ 81.0k | |
| Executive VP & Chief Information Officer | less than a year | no data | 0.0025% CA$ 202.1k | |
| Executive VP & General Counsel | no data | no data | 0.0030% CA$ 243.8k | |
| Executive VP & Chief Marketing Officer | no data | no data | 0.0024% CA$ 192.3k | |
| Executive VP & Chief Human Resources Officer | 5.7yrs | no data | no data | |
| Executive Vice-President of Products & Solutions for Mackenzie Investments | 2.2yrs | no data | no data | |
| Senior Vice President Financial Services | no data | no data | 0.0057% CA$ 463.1k | |
| Executive VP & Chief Risk Officer | 2.1yrs | no data | no data |
2.1yrs
Average Tenure
Experienced Management: IGM's management team is considered experienced (2.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.7yrs | CA$7.42m | 0.018% CA$ 1.5m | |
| Independent Corporate Director | 10yrs | CA$160.00k | 0.00038% CA$ 31.1k | |
| Independent Director | 32.1yrs | CA$167.50k | no data | |
| Independent Director | 40.7yrs | CA$157.50k | no data | |
| Independent Director | 15yrs | CA$228.00k | no data | |
| Independent Director | 12yrs | CA$195.00k | 0.046% CA$ 3.8m | |
| Independent Director | 26.1yrs | CA$285.50k | 0.00042% CA$ 34.4k | |
| Independent Chairman of the Board | 23.1yrs | CA$292.50k | 0.050% CA$ 4.1m | |
| Executive Chair of Investment Planning Counsel Inc. | 3.3yrs | no data | no data | |
| Independent Director | 9yrs | CA$190.00k | 0.0025% CA$ 206.2k | |
| Independent Director | 8.9yrs | CA$226.50k | no data | |
| Independent Director | 8yrs | CA$157.50k | no data |
11.0yrs
Average Tenure
66yo
Average Age
Experienced Board: IGM's board of directors are seasoned and experienced ( 11 years average tenure).