Fairfax Financial Holdings Management

Management criteria checks 4/4

Fairfax Financial Holdings' CEO is V. Watsa, appointed in Jan 1985, has a tenure of 39.25 years. total yearly compensation is $452.84K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 10.27% of the company’s shares, worth CA$3.47B. The average tenure of the management team and the board of directors is 8.4 years and 7 years respectively.

Key information

V. Watsa

Chief executive officer

US$452.8k

Total compensation

CEO salary percentage	100.0%
CEO tenure	39.3yrs
CEO ownership	10.3%
Management average tenure	8.4yrs
Board average tenure	7yrs

Recent management updates

Recent updates

Fairfax Financial Holdings Limited's (TSE:FFH) Prospects Need A Boost To Lift Shares

Apr 10

Fairfax Financial Holdings Limited (TSE:FFH) Looks Inexpensive But Perhaps Not Attractive Enough

Jan 02

With EPS Growth And More, Fairfax Financial Holdings (TSE:FFH) Makes An Interesting Case

Dec 07

Here's Why We Think Fairfax Financial Holdings (TSE:FFH) Is Well Worth Watching

Sep 08

Time To Worry? Analysts Just Downgraded Their Fairfax Financial Holdings Limited (TSE:FFH) Outlook

May 20

CEO Compensation Analysis

How has V. Watsa's remuneration changed compared to Fairfax Financial Holdings's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$453k	US$453k	US$4b
Sep 30 2023	n/a	n/a	US$3b
Jun 30 2023	n/a	n/a	US$3b
Mar 31 2023	n/a	n/a	US$2b
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 ($USD452.84K) is below average for companies of similar size in the Canadian market ($USD8.20M).

Compensation vs Earnings: V.'s compensation has been consistent with company performance over the past year.

CEO

V. Watsa (73 yo)

39.3yrs

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
V. Watsa	Founder	39.3yrs	US$452.84k	10.27% $ 3.5b
Peter Clarke	President & COO	5.2yrs	US$2.10m	0.014% $ 4.6m
Jennifer J. Allen	VP & CFO	4.7yrs	US$1.71m	0.010% $ 3.4m
Jean Cloutier	VP & Chairman of International	25.1yrs	US$1.82m	0.0060% $ 2.0m
Bryan Bailey	Vice President of Tax	no data	US$1.46m	0.00037% $ 125.0k
Vinodh Loganadhan	Vice President of Administrative Services	no data	no data	0.018% $ 6.1m
Derek Bulas	VP & Chief Legal Officer	no data	no data	0.0015% $ 517.0k
John Varnell	Vice President of Corporate Development	11.7yrs	US$819.61k	0.013% $ 4.3m
Paul Adamson	Chief Executive Officer of GIG Gulf	less than a year	no data	no data
Khaled Saoud Abdul Al Hasan	Group Chief Executive Officer of Gulf Insurance	less than a year	no data	no data
Eric Salsberg	VP & Corporate Secretary	12.3yrs	US$945.75k	0.36% $ 120.0m
Andrew Barnard	President of Fairfax Insurance Group	no data	no data	0.25% $ 83.6m

8.4yrs

Average Tenure

66yo

Average Age

Experienced Management: FFH's management team is seasoned and experienced (8.4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
V. Watsa	Founder	39.3yrs	US$452.84k	10.27% $ 3.5b
William Weldon	Independent Director	4yrs	US$55.39k	0.0043% $ 1.5m
David Johnston	Corporate Director	3.5yrs	US$168.50k	0.0094% $ 3.2m
Brian Porter	Independent Director	less than a year	US$42.45k	0.0048% $ 1.6m
Brandon Sweitzer	Independent Director	20.3yrs	US$125.38k	0.0088% $ 3.0m
Timothy Price	Independent Director	14yrs	US$69.67k	0.0031% $ 1.0m
Robert Gunn	Independent Director	17yrs	US$140.85k	0.0044% $ 1.5m
R. McFarland	Lead Independent Director	4.8yrs	US$520.38k	0.0055% $ 1.9m
Christine McLean	Corporate Director	6yrs	US$63.67k	0.0090% $ 3.0m
Lauren Templeton	Independent Director	7yrs	US$87.13k	0.080% $ 27.1m
Benjamin Watsa	Director	9yrs	US$94.95k	0.0026% $ 888.7k
Karen Jurjevich	Independent Director	7yrs	US$64.67k	0.00029% $ 98.0k

7.0yrs

Average Tenure

73yo

Average Age

Experienced Board: FFH's board of directors are considered experienced (7 years average tenure).

Fairfax Financial Holdings Management

Management criteria checks 4/4

Key information

Recent management updates

Insider recently sold CA$1.5m worth of stock

Insider recently sold CA$1.2m worth of stock

Insufficient new directors

President of Fairfax Insurance Group recently sold CA$894k worth of stock

Insider recently sold CA$2.2m worth of stock

Fairfax Financial Holdings Limited, Annual General Meeting, Apr 11, 2024

Recent updates

Fairfax Financial Holdings Limited's (TSE:FFH) Prospects Need A Boost To Lift Shares

Fairfax Financial Holdings Limited (TSX:FFH) completed the acquisition of a remaining 38.8% stake in Farmers Edge Inc. (TSX:FDGE).

Insider recently sold CA$1.5m worth of stock

Full year 2023 earnings released: EPS: US$189 (vs US$46.62 in FY 2022)

Fairfax Financial Holdings Limited to Report Q4, 2023 Results on Feb 15, 2024

Fairfax Financial Holdings Limited to Report Q4, 2023 Results on Feb 15, 2024

Upcoming dividend of US$15.00 per share at 1.6% yield

Fairfax Financial Holdings Limited (TSE:FFH) Looks Inexpensive But Perhaps Not Attractive Enough

With EPS Growth And More, Fairfax Financial Holdings (TSE:FFH) Makes An Interesting Case

Fairfax Financial Holdings Limited (TSX:FFH) made a non-binding proposal to acquire remaining 38.6% stake in Farmers Edge Inc. (TSX:FDGE) CAD 4.9 million.

Insider recently sold CA$1.2m worth of stock

Consensus EPS estimates increase by 16%

Third quarter 2023 earnings released: EPS: US$45.62 (vs US$3.65 loss in 3Q 2022)

Insufficient new directors

Fairfax Financial Holdings Limited to Report Q3, 2023 Results on Nov 02, 2023

Here's Why We Think Fairfax Financial Holdings (TSE:FFH) Is Well Worth Watching

President of Fairfax Insurance Group recently sold CA$894k worth of stock

Fairfax Financial Holdings Limited (TSX:FFH) entered into agreement to acquire unknown stake in Meadow Foods Limited from Exponent Private Equity LLP.

Insider recently sold CA$2.2m worth of stock

Fairfax Financial Holdings Limited, Annual General Meeting, Apr 11, 2024

Second quarter 2023 earnings released: EPS: US$31.64 (vs US$37.58 loss in 2Q 2022)

Fairfax Financial Holdings Limited to Report Q2, 2023 Results on Aug 03, 2023

Fairfax Financial Holdings Limited (TSX:FFH) acquired additional 7.109% stake in Ovostar Union Public Company Limited (WSE:OVO).

VP & Corporate Secretary recently sold CA$2.5m worth of stock

Consensus EPS estimates increase by 12%

Independent Director recently bought CA$428k worth of stock

Time To Worry? Analysts Just Downgraded Their Fairfax Financial Holdings Limited (TSE:FFH) Outlook

Consensus revenue estimates fall by 12%

First quarter 2023 earnings released: EPS: US$53.69 (vs US$4.80 in 1Q 2022)

Insufficient new directors

Insider recently sold CA$152k worth of stock

President of Fairfax Insurance Group recently sold CA$2.2m worth of stock

Insider recently sold CA$1.4m worth of stock

Director recently bought CA$113k worth of stock

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Fairfax Financial Holdings Limited to Report Q4, 2022 Results on Feb 16, 2023

Consensus EPS estimates increase by 16%

Upcoming dividend of US$10.00 per share

Government Receives Several EoIs for IDBI Bank Stake Sale

Fairfax Financial Holdings Limited Declares Annual Dividend, Payable on January 26, 2023

Fairfax Financial Holdings Limited, Annual General Meeting, Apr 20, 2023

Carlyle, Fairfax, DBS Bank Reportedly May Bid for IDBI Bank

Insider recently sold CA$59k worth of stock

Director recently sold CA$343k worth of stock

Adani Reportedly Eyes Stake in Bengaluru Airport

Third quarter 2022 earnings: EPS exceeds analyst expectations

Consensus forecasts updated

Independence Pet Group, Inc. completed the acquisition of Crum & Forster Pet Insurance Group and Pethealth Inc. from Fairfax Financial Holdings Limited (TSX:FFH).

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age