Brookfield Wealth Solutions Ltd.

TSX:BNRE.A Stock Report

Market Cap: CA$11.7b

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Brookfield Reinsurance Management

Management criteria checks 1/4

Brookfield Reinsurance's CEO is Sachin Shah, appointed in May 2021, has a tenure of 3.25 years. total yearly compensation is $12.40M, comprised of 4.5% salary and 95.5% bonuses, including company stock and options. directly owns 0.048% of the company’s shares, worth CA$5.59M. The average tenure of the management team and the board of directors is 2.7 years and 2.8 years respectively.

Key information

Sachin Shah

Chief executive officer

US$12.4m

Total compensation

CEO salary percentage4.5%
CEO tenure3.3yrs
CEO ownership0.05%
Management average tenure2.7yrs
Board average tenure2.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Sachin Shah's remuneration changed compared to Brookfield Reinsurance's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

US$1b

Mar 31 2024n/an/a

US$1b

Dec 31 2023US$12mUS$556k

US$796m

Sep 30 2023n/an/a

US$522m

Jun 30 2023n/an/a

US$581m

Mar 31 2023n/an/a

US$245m

Dec 31 2022US$8mUS$538k

US$499m

Sep 30 2022n/an/a

US$275m

Jun 30 2022n/an/a

US$134m

Mar 31 2022n/an/a

US$109m

Dec 31 2021US$8mUS$559k

-US$112m

Sep 30 2021n/an/a

US$0

Jun 30 2021n/an/a

US$7m

Mar 31 2021n/an/a

US$5m

Dec 31 2020US$5mUS$522k

US$1m

Compensation vs Market: Sachin's total compensation ($USD12.40M) is above average for companies of similar size in the Canadian market ($USD4.37M).

Compensation vs Earnings: Sachin's compensation has increased by more than 20% in the past year.


CEO

Sachin Shah (47 yo)

3.3yrs

Tenure

US$12,404,377

Compensation

Mr. Sachin G. Shah, CPA, serves as Chief Executive Officer of Brookfield Reinsurance at Brookfield Business Partners L.P. from March 2024. He serves as Director at Argo Ventures since April 2024. He serves...


Leadership Team

NamePositionTenureCompensationOwnership
Sachin Shah
CEO, Head of Insurance Solutions Business & Director3.3yrsUS$12.40m0.048%
$ 5.6m
Thomas Corbett
Chief Financial Officer3.3yrsUS$2.04m0.0011%
$ 134.3k
Paul Forestell
Chief Operating Officer2.7yrsUS$1.82mno data
Lorenzo Lorilla
Chief Investment Officer2yrsUS$3.04mno data
Gregory McConnie
Chief Executive Officer of NER SPC & NER Ltdno dataUS$722.51kno data
Michael McRaith
Vice Chair of Insurance Solutions business2.8yrsno datano data
Christopher Donahue
Senior Vice President1.5yrsno datano data
Susan Comparato
Managing Director of Portfolio Managementless than a yearno datano data
Anna Knapman-Scott
Corporate Secretaryno datano datano data

2.7yrs

Average Tenure

47yo

Average Age

Experienced Management: BNRE.A's management team is considered experienced (2.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Sachin Shah
CEO, Head of Insurance Solutions Business & Director3.3yrsUS$12.40m0.048%
$ 5.6m
Jay Wintrob
Director2.8yrsUS$150.00kno data
Michele Mayes
Independent Directorless than a yearUS$75.00kno data
Barry Blattman
Director2.8yrsno data0.43%
$ 50.8m
Gregory Ernest Morrison
Independent Director3.7yrsUS$160.00kno data
Lori Pearson
Chairmanless than a yearno data0.048%
$ 5.6m
Anne Schaumburg
Independent Director3.3yrsUS$160.00k0.00084%
$ 98.1k
Soon Young Chang
Independent Director2.8yrsUS$150.00kno data
Lars Eric Nils Rodert
Independent Director2.8yrsUS$170.00kno data
William Cox
Lead Independent Director3.3yrsUS$210.00k0.0035%
$ 405.3k

2.8yrs

Average Tenure

63.5yo

Average Age

Experienced Board: BNRE.A's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.