Fairfax Financial Holdings Management
Management criteria checks 4/4
Fairfax Financial Holdings' CEO is V. Watsa, appointed in Jan 1985, has a tenure of 39.92 years. total yearly compensation is $452.84K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 9.41% of the company’s shares, worth CA$4.14B. The average tenure of the management team and the board of directors is 5.6 years and 7.7 years respectively.
Key information
V. Watsa
Chief executive officer
US$452.8k
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 39.9yrs |
| CEO ownership | 9.4% |
| Management average tenure | 5.6yrs |
| Board average tenure | 7.7yrs |
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$4b |
| Jun 30 2024 | n/a | n/a | US$4b |
| Mar 31 2024 | n/a | n/a | US$4b |
| Dec 31 2023 | US$453k | US$453k | US$4b |
| Sep 30 2023 | n/a | n/a | US$5b |
| Jun 30 2023 | n/a | n/a | US$5b |
| Mar 31 2023 | n/a | n/a | US$4b |
| Dec 31 2022 | US$487k | US$443k | US$3b |
| Sep 30 2022 | n/a | n/a | US$2b |
| Jun 30 2022 | n/a | n/a | US$2b |
| Mar 31 2022 | n/a | n/a | US$3b |
| Dec 31 2021 | US$511k | US$474k | US$3b |
| Sep 30 2021 | n/a | n/a | US$3b |
| Jun 30 2021 | n/a | n/a | US$3b |
| Mar 31 2021 | n/a | n/a | US$2b |
| Dec 31 2020 | US$519k | US$472k | US$174m |
| Sep 30 2020 | n/a | n/a | -US$63m |
| Jun 30 2020 | n/a | n/a | -US$129m |
| Mar 31 2020 | n/a | n/a | -US$70m |
| Dec 31 2019 | US$605k | US$462k | US$2b |
| Sep 30 2019 | n/a | n/a | US$809m |
| Jun 30 2019 | n/a | n/a | US$847m |
| Mar 31 2019 | n/a | n/a | US$416m |
| Dec 31 2018 | US$966k | US$440k | US$331m |
| Sep 30 2018 | n/a | n/a | US$2b |
| Jun 30 2018 | n/a | n/a | US$2b |
| Mar 31 2018 | n/a | n/a | US$2b |
| Dec 31 2017 | US$498k | US$477k | US$2b |
Compensation vs Market: V.'s total compensation ($USD452.84K) is below average for companies of similar size in the Canadian market ($USD7.70M).
Compensation vs Earnings: V.'s compensation has been consistent with company performance over the past year.
CEO
V. Watsa (74 yo)
39.9yrs
Tenure
US$452,840
Compensation
Mr. V. Prem Watsa founded Fairfax Financial Holdings Limited in 1985 and has been its Chairman and Chief Executive Officer since 1985. Mr. Watsa serves as the President of 1109519 Ontario Limited, 810679 O...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 39.9yrs | US$452.84k | 9.41% CA$ 4.1b | |
| President & COO | 5.8yrs | US$2.10m | 0.0055% CA$ 2.4m | |
| VP & CFO | 5.3yrs | US$1.71m | 0.010% CA$ 4.5m | |
| VP & Chairman of International | 25.8yrs | US$1.82m | 0.0063% CA$ 2.7m | |
| Vice President of Tax | no data | US$1.46m | 0.00039% CA$ 171.4k | |
| Vice President of Administrative Services | no data | no data | 0.019% CA$ 8.3m | |
| VP, Chief Legal Officer & Corporate Secretary | less than a year | no data | 0.0018% CA$ 804.3k | |
| Vice President of Corporate Development | 12.3yrs | US$819.61k | 0.013% CA$ 5.9m | |
| Chief Executive Officer of GIG Gulf | less than a year | no data | no data | |
| Group Chief Executive Officer of Gulf Insurance | less than a year | no data | no data | |
| President of Fairfax Insurance Group | no data | no data | 0.25% CA$ 107.7m | |
| President of Fairfax Brasil | no data | no data | no data |
5.6yrs
Average Tenure
63.5yo
Average Age
Experienced Management: FFH's management team is seasoned and experienced (5.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 39.9yrs | US$452.84k | 9.41% CA$ 4.1b | |
| CEO & Chairman of Fairfax Asia and Chairman of Singapore Re and COO | less than a year | no data | no data | |
| Independent Director | 4.7yrs | US$56.61k | 0.0046% CA$ 2.0m | |
| Corporate Director | 4.2yrs | US$168.50k | 0.0074% CA$ 3.2m | |
| Independent Director | 20.9yrs | US$125.38k | 0.0091% CA$ 4.0m | |
| Independent Director | 14.7yrs | US$69.67k | 0.0032% CA$ 1.4m | |
| Independent Director | 17.7yrs | US$140.85k | 0.011% CA$ 4.7m | |
| Lead Independent Director | 5.4yrs | US$520.38k | 0.0057% CA$ 2.5m | |
| Corporate Director | 6.7yrs | US$63.67k | 0.0094% CA$ 4.1m | |
| Independent Director | 7.7yrs | US$87.13k | 0.084% CA$ 36.8m | |
| Director | 9.7yrs | US$94.95k | 0.0029% CA$ 1.3m | |
| Independent Director | 7.7yrs | US$64.67k | 0.00030% CA$ 131.9k |
7.7yrs
Average Tenure
74yo
Average Age
Experienced Board: FFH's board of directors are considered experienced (7.7 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 05:01 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Fairfax Financial Holdings Limited is covered by 11 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Tom MacKinnon | BMO Capital Markets Equity Research |
| Nikolaus Priebe | CIBC Capital Markets |
| Jeffrey Fenwick | Cormark Securities Inc. |