E-L Financial Management

How experienced are the management team and are they aligned to shareholders interests?

14.4yrs

Average management tenure


CEO

Duncan Newton Jackman (55 yo)

25.58yrs

Tenure

CA$1,833,930

Compensation

Mr. Duncan Newton Rowell Jackman, LLB, has been the Chairman of The Empire Life Insurance Company since February 2003 and has been its Director since April 2, 1997. Mr. Jackman has been the Chairman of the...


CEO Compensation Analysis

How has Duncan Newton Jackman's remuneration changed compared to E-L Financial's earnings?
DateTotal Comp.SalaryCompany Earnings
Sep 30 2022n/an/a

-CA$373m

Jun 30 2022n/an/a

-CA$244m

Mar 31 2022n/an/a

CA$436m

Dec 31 2021CA$2mCA$1m

CA$1b

Sep 30 2021n/an/a

CA$1b

Jun 30 2021n/an/a

CA$1b

Mar 31 2021n/an/a

CA$2b

Dec 31 2020CA$2mCA$1m

CA$484m

Sep 30 2020n/an/a

CA$267m

Jun 30 2020n/an/a

CA$167m

Mar 31 2020n/an/a

-CA$243m

Dec 31 2019CA$2mCA$984k

CA$729m

Sep 30 2019n/an/a

CA$188m

Jun 30 2019n/an/a

CA$185m

Mar 31 2019n/an/a

CA$259m

Dec 31 2018CA$1mCA$961k

CA$16m

Sep 30 2018n/an/a

CA$511m

Jun 30 2018n/an/a

CA$465m

Mar 31 2018n/an/a

CA$450m

Dec 31 2017CA$1mCA$956k

CA$653m

Sep 30 2017n/an/a

CA$496m

Jun 30 2017n/an/a

CA$637m

Mar 31 2017n/an/a

CA$643m

Dec 31 2016CA$1mCA$913k

CA$318m

Sep 30 2016n/an/a

CA$425m

Jun 30 2016n/an/a

CA$262m

Mar 31 2016n/an/a

CA$196m

Dec 31 2015CA$2mCA$816k

CA$519m

Compensation vs Market: Duncan Newton's total compensation ($USD1.38M) is below average for companies of similar size in the Canadian market ($USD2.19M).

Compensation vs Earnings: Duncan Newton's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Duncan Newton Jackman
Chairman18.17yrsCA$1.83m0.13%
CA$ 4.2m
Scott Ewert
VP & CFO7.67yrsCA$948.81kno data
Richard Carty
VP, General Counsel & Corporate Secretaryno dataCA$1.05mno data
Mark Sylvia
CEO & President of The Empire Life Insurance Company8.42yrsCA$1.85mno data
Fahad Khan
Vice-President of Investmentsno datano datano data
Susan Clifford
Treasurerno datano datano data
Nora Hohman
Senior Vice-President of Claims for The Dominionno datano datano data
J. Gibson
CFO, Senior VP & Chief Actuary of Empire Life Insurance Company14.42yrsCA$610.80kno data
Steven Whitelaw
Senior Vice-President of Personal Lines and Business Solutions- The Dominion28.83yrsno datano data

14.4yrs

Average Tenure

Experienced Management: ELF's management team is seasoned and experienced (14.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Duncan Newton Jackman
Chairman25.58yrsCA$1.83m0.13%
CA$ 4.2m
William Corcoran
Independent Director25.33yrsCA$110.71k0.0058%
CA$ 179.4k
Henry N. Jackman
Director25.83yrsCA$145.09k0.16%
CA$ 5.1m
Clive Rowe
Director8.5yrsCA$160.62k0.0049%
CA$ 150.8k
Mark Taylor
Independent Director19.5yrsCA$74.00k0.012%
CA$ 375.3k
Robert Matthews
Independent Director12.5yrsCA$62.00k0.0058%
CA$ 179.4k
Peter Levitt
Independent Director0.50yrno datano data
James Billett
Independent Director15.5yrsCA$82.88kno data
Stephen J. Smith
Independent Director4.5yrsCA$62.00kno data
Maria Victoria Jackman
Director4.5yrsCA$63.75k0.010%
CA$ 323.1k

14.0yrs

Average Tenure

65yo

Average Age

Experienced Board: ELF's board of directors are seasoned and experienced ( 14 years average tenure).