Brookfield Reinsurance Management
Management criteria checks 1/4
Brookfield Reinsurance's CEO is Sachin Shah, appointed in May 2021, has a tenure of 3.08 years. total yearly compensation is $12.40M, comprised of 4.5% salary and 95.5% bonuses, including company stock and options. directly owns 0.057% of the company’s shares, worth CA$4.65M. The average tenure of the management team and the board of directors is 2.5 years and 2.6 years respectively.
Key information
Sachin Shah
Chief executive officer
US$12.4m
Total compensation
| CEO salary percentage | 4.5% |
| CEO tenure | 3.1yrs |
| CEO ownership | 0.06% |
| Management average tenure | 2.5yrs |
| Board average tenure | 2.6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | US$1b |
| Dec 31 2023 | US$12m | US$556k | US$796m |
| Sep 30 2023 | n/a | n/a | US$513m |
| Jun 30 2023 | n/a | n/a | US$572m |
| Mar 31 2023 | n/a | n/a | US$245m |
| Dec 31 2022 | US$8m | US$538k | US$499m |
| Sep 30 2022 | n/a | n/a | US$275m |
| Jun 30 2022 | n/a | n/a | US$134m |
| Mar 31 2022 | n/a | n/a | US$109m |
| Dec 31 2021 | US$8m | US$559k | -US$112m |
| Sep 30 2021 | n/a | n/a | US$0 |
| Jun 30 2021 | n/a | n/a | US$7m |
| Mar 31 2021 | n/a | n/a | US$5m |
| Dec 31 2020 | US$5m | US$522k | US$1m |
Compensation vs Market: Sachin's total compensation ($USD12.40M) is above average for companies of similar size in the Canadian market ($USD4.32M).
Compensation vs Earnings: Sachin's compensation has increased by more than 20% in the past year.
CEO
Sachin Shah (47 yo)
3.1yrs
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, Head of Insurance Solutions Business & Director | 3.1yrs | US$12.40m | 0.057% $ 4.6m | |
| Chief Financial Officer | 3.2yrs | US$2.04m | 0.0014% $ 111.6k | |
| Chief Operating Officer | 2.5yrs | US$1.82m | no data | |
| Chief Investment Officer | 1.8yrs | US$3.04m | no data | |
| Chief Executive Officer of NER SPC & NER Ltd | no data | US$722.51k | 0% $ 0 | |
| Vice Chair of Insurance Solutions business | 2.7yrs | no data | no data | |
| Senior Vice President | 1.3yrs | no data | no data | |
| Managing Director of Portfolio Management | less than a year | no data | no data | |
| Corporate Secretary | no data | no data | no data |
2.5yrs
Average Tenure
47yo
Average Age
Experienced Management: BNRE's management team is considered experienced (2.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, Head of Insurance Solutions Business & Director | 3.1yrs | US$12.40m | 0.057% $ 4.6m | |
| Director | 2.6yrs | US$150.00k | no data | |
| Independent Director | less than a year | US$75.00k | no data | |
| Director | 2.6yrs | no data | 0.51% $ 42.2m | |
| Independent Director | 3.5yrs | US$160.00k | no data | |
| Chairman | less than a year | no data | 0.057% $ 4.7m | |
| Independent Director | 3.1yrs | US$160.00k | 0.0010% $ 82.1k | |
| Independent Director | 2.6yrs | US$150.00k | no data | |
| Independent Director | 2.6yrs | US$170.00k | 0% $ 0 | |
| Lead Independent Director | 3.1yrs | US$210.00k | 0.0041% $ 336.4k |
2.6yrs
Average Tenure
63.5yo
Average Age
Experienced Board: BNRE's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.