Great-West Lifeco Inc.

TSX:GWO Stock Report

Market Cap: CA$45.3b

Great-West Lifeco Management

Management criteria checks 3/4

Great-West Lifeco's CEO is Paul Mahon, appointed in May 2013, has a tenure of 11.58 years. total yearly compensation is CA$11.10M, comprised of 11.4% salary and 88.6% bonuses, including company stock and options. directly owns 0.031% of the company’s shares, worth CA$14.17M. The average tenure of the management team and the board of directors is 1.8 years and 11 years respectively.

Key information

Paul Mahon

Chief executive officer

CA$11.1m

Total compensation

CEO salary percentage11.4%
CEO tenure11.6yrs
CEO ownership0.03%
Management average tenure1.8yrs
Board average tenure11yrs

Recent management updates

Recent updates

Why Investors Shouldn't Be Surprised By Great-West Lifeco Inc.'s (TSE:GWO) Low P/E

Oct 17
Why Investors Shouldn't Be Surprised By Great-West Lifeco Inc.'s (TSE:GWO) Low P/E

Market Cool On Great-West Lifeco Inc.'s (TSE:GWO) Earnings

Jun 30
Market Cool On Great-West Lifeco Inc.'s (TSE:GWO) Earnings

Investors Aren't Entirely Convinced By Great-West Lifeco Inc.'s (TSE:GWO) Earnings

Mar 30
Investors Aren't Entirely Convinced By Great-West Lifeco Inc.'s (TSE:GWO) Earnings

Great-West Lifeco (TSE:GWO) Has Announced That It Will Be Increasing Its Dividend To CA$0.555

Feb 21
Great-West Lifeco (TSE:GWO) Has Announced That It Will Be Increasing Its Dividend To CA$0.555

Great-West Lifeco Inc. (TSE:GWO) Not Lagging Market On Growth Or Pricing

Dec 29
Great-West Lifeco Inc. (TSE:GWO) Not Lagging Market On Growth Or Pricing

Great-West Lifeco's (TSE:GWO) Upcoming Dividend Will Be Larger Than Last Year's

Feb 13
Great-West Lifeco's (TSE:GWO) Upcoming Dividend Will Be Larger Than Last Year's

Great-West Lifeco's (TSE:GWO) Dividend Will Be CA$0.49

Nov 16
Great-West Lifeco's (TSE:GWO) Dividend Will Be CA$0.49

Should You Be Adding Great-West Lifeco (TSE:GWO) To Your Watchlist Today?

Apr 01
Should You Be Adding Great-West Lifeco (TSE:GWO) To Your Watchlist Today?

CEO Compensation Analysis

How has Paul Mahon's remuneration changed compared to Great-West Lifeco's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

CA$4b

Jun 30 2024n/an/a

CA$4b

Mar 31 2024n/an/a

CA$3b

Dec 31 2023CA$11mCA$1m

CA$3b

Sep 30 2023n/an/a

CA$3b

Jun 30 2023n/an/a

CA$3b

Mar 31 2023n/an/a

CA$3b

Dec 31 2022CA$10mCA$1m

CA$4b

Sep 30 2022n/an/a

CA$4b

Jun 30 2022n/an/a

CA$4b

Mar 31 2022n/an/a

CA$4b

Dec 31 2021CA$9mCA$1m

CA$3b

Sep 30 2021n/an/a

CA$3b

Jun 30 2021n/an/a

CA$3b

Mar 31 2021n/an/a

CA$3b

Dec 31 2020CA$8mCA$1m

CA$3b

Sep 30 2020n/an/a

CA$3b

Jun 30 2020n/an/a

CA$2b

Mar 31 2020n/an/a

CA$2b

Dec 31 2019CA$8mCA$1m

CA$2b

Sep 30 2019n/an/a

CA$3b

Jun 30 2019n/an/a

CA$3b

Mar 31 2019n/an/a

CA$3b

Dec 31 2018CA$7mCA$1m

CA$3b

Sep 30 2018n/an/a

CA$3b

Jun 30 2018n/an/a

CA$3b

Mar 31 2018n/an/a

CA$2b

Dec 31 2017CA$8mCA$1m

CA$2b

Compensation vs Market: Paul's total compensation ($USD7.89M) is about average for companies of similar size in the Canadian market ($USD7.57M).

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

CEO

Paul Mahon (60 yo)

11.6yrs

Tenure

CA$11,101,889

Compensation

Mr. Paul Anthony Mahon has been the Chief Executive Officer and President of London Life Insurance Company, Canada Life Financial Corporation, Great-West Lifeco Inc. and Canada Life Limited since May 3, 20...

Leadership Team

NamePositionTenureCompensationOwnership
Paul Mahon
President11.6yrsCA$11.10m0.031%
CA$ 14.2m
Raman Srivastava
Executive VP & Global Chief Investment Officer7.3yrsCA$4.55m0.0011%
CA$ 498.7k
Edmund Murphy
President & CEO of Empower10.3yrsCA$10.74mno data
Jon Nielsen
Executive VP & Chief Financial Officerless than a yearno data0.000010%
CA$ 4.5k
Andrew Conrad
Senior Vice President of Corporate Finance & Treasuryno datano datano data
Michael Dibden
Executive VP & Chief Information Officerless than a yearno datano data
Shubha Khan
SVP & Head of Investor Relationsless than a yearno datano data
Sharon Geraghty
Executive VP & General Counsel6.9yrsCA$3.51mno data
Amy Metzger
Senior VP & Chief Compliance Officerless than a yearno datano data
David Simmonds
Senior VP and Global Chief Communications & Sustainability Officer2.9yrsno datano data
Colleen Bailey Moffitt
Executive VP & Chief Human Resources Officerless than a yearno datano data
Dervla Tomlin
Executive VP & Chief Risk Officer1.8yrsno data0.0014%
CA$ 634.7k

1.8yrs

Average Tenure

60yo

Average Age

Experienced Management: GWO's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Paul Mahon
President11.3yrsCA$11.10m0.031%
CA$ 14.2m
Robert Reynolds
President & CEO of Putnam Investments LLC and Chair of Great West Lifeco U.S. LLC5.8yrsno datano data
Marcel Coutu
Independent Director17.6yrsCA$426.88k0.0011%
CA$ 485.1k
Andre Desmarais
Director32.7yrsCA$418.13k0.038%
CA$ 17.0m
Siim Vanaselja
Independent Director10.6yrsCA$641.04k0.0027%
CA$ 1.2m
Brian Walsh
Independent Director15.6yrsCA$593.92kno data
Paul Desmarais
Director38.6yrsCA$308.51k0.011%
CA$ 4.9m
Robert Orr
Chairman of the Board22.4yrsCA$538.13k0.0022%
CA$ 974.8k
Susan McArthur
Independent Director9.6yrsCA$589.53k0.00011%
CA$ 49.9k
Thomas Ryan
Independent Director10.6yrsCA$563.61kno data
Claude Genereux
Director9.6yrsCA$447.50k0.00013%
CA$ 58.9k
Paula Madoff
Independent Director6.6yrsCA$621.69kno data

11.0yrs

Average Tenure

67yo

Average Age

Experienced Board: GWO's board of directors are seasoned and experienced ( 11 years average tenure).