iA Financial Management
Management criteria checks 4/4
iA Financial's CEO is Denis Ricard, appointed in Sep 2018, has a tenure of 6.17 years. total yearly compensation is CA$6.10M, comprised of 16.7% salary and 83.3% bonuses, including company stock and options. directly owns 0.051% of the company’s shares, worth CA$6.39M. The average tenure of the management team and the board of directors is 5.9 years and 5.4 years respectively.
Key information
Denis Ricard
Chief executive officer
CA$6.1m
Total compensation
| CEO salary percentage | 16.7% |
| CEO tenure | 6.2yrs |
| CEO ownership | 0.05% |
| Management average tenure | 5.9yrs |
| Board average tenure | 5.4yrs |
Recent management updates
Recent updates
Little Excitement Around iA Financial Corporation Inc.'s (TSE:IAG) Earnings
Nov 12
Cautious Investors Not Rewarding iA Financial Corporation Inc.'s (TSE:IAG) Performance Completely
Jun 04iA Financial's (TSE:IAG) Dividend Will Be CA$0.82
May 14With EPS Growth And More, iA Financial (TSE:IAG) Makes An Interesting Case
Apr 04iA Financial's (TSE:IAG) Upcoming Dividend Will Be Larger Than Last Year's
Feb 28The Market Doesn't Like What It Sees From iA Financial Corporation Inc.'s (TSE:IAG) Earnings Yet
Jan 04With EPS Growth And More, iA Financial (TSE:IAG) Makes An Interesting Case
Oct 19iA Financial (TSE:IAG) Is Increasing Its Dividend To CA$0.765
May 15iA Financial's (TSE:IAG) Dividend Will Be Increased To CA$0.675
Aug 10Do iA Financial's (TSE:IAG) Earnings Warrant Your Attention?
Jun 30Does iA Financial (TSE:IAG) Deserve A Spot On Your Watchlist?
Mar 29iA Financial (TSE:IAG) Is Increasing Its Dividend To CA$0.63
Feb 22Here's Why I Think iA Financial (TSE:IAG) Might Deserve Your Attention Today
Dec 27Should You Be Adding iA Financial (TSE:IAG) To Your Watchlist Today?
Sep 20CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | CA$970m |
| Jun 30 2024 | n/a | n/a | CA$742m |
| Mar 31 2024 | n/a | n/a | CA$732m |
| Dec 31 2023 | CA$6m | CA$1m | CA$769m |
| Sep 30 2023 | n/a | n/a | CA$702m |
| Jun 30 2023 | n/a | n/a | CA$648m |
| Mar 31 2023 | n/a | n/a | CA$604m |
| Dec 31 2022 | CA$5m | CA$980k | CA$309m |
| Sep 30 2022 | n/a | n/a | CA$337m |
| Jun 30 2022 | n/a | n/a | CA$553m |
| Mar 31 2022 | n/a | n/a | CA$632m |
| Dec 31 2021 | CA$6m | CA$950k | CA$830m |
| Sep 30 2021 | n/a | n/a | CA$793m |
| Jun 30 2021 | n/a | n/a | CA$793m |
| Mar 31 2021 | n/a | n/a | CA$743m |
| Dec 31 2020 | CA$7m | CA$950k | CA$611m |
| Sep 30 2020 | n/a | n/a | CA$610m |
| Jun 30 2020 | n/a | n/a | CA$577m |
| Mar 31 2020 | n/a | n/a | CA$577m |
| Dec 31 2019 | CA$6m | CA$843k | CA$687m |
| Sep 30 2019 | n/a | n/a | CA$667m |
| Jun 30 2019 | n/a | n/a | CA$648m |
| Mar 31 2019 | n/a | n/a | CA$625m |
| Dec 31 2018 | CA$4m | CA$671k | CA$613m |
| Sep 30 2018 | n/a | n/a | CA$594m |
| Jun 30 2018 | n/a | n/a | CA$574m |
| Mar 31 2018 | n/a | n/a | CA$544m |
| Dec 31 2017 | CA$2m | CA$474k | CA$515m |
Compensation vs Market: Denis's total compensation ($USD4.36M) is about average for companies of similar size in the Canadian market ($USD4.22M).
Compensation vs Earnings: Denis's compensation has been consistent with company performance over the past year.
CEO
Denis Ricard (62 yo)
6.2yrs
Tenure
CA$6,099,634
Compensation
Mr. Denis Yves Ricard is Chief Executive Officer, President & Director of iA Financial Corporation Inc. from September 01, 2018. He joined the iA Financial Corporation Inc. in June 1985. He was Chief Opera...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 6.2yrs | CA$6.10m | 0.051% CA$ 6.4m | |
| Executive VP | 1.3yrs | CA$1.40m | 0.0077% CA$ 959.1k | |
| Executive VP & Chief Investment Officer | 5.2yrs | CA$2.71m | 0.00053% CA$ 66.3k | |
| Executive VP & Chief Growth Officer Canadian Operations | 6.2yrs | CA$2.61m | 0.0052% CA$ 652.7k | |
| Senior Vice-President of Administration | no data | no data | no data | |
| Head of Investor Relations | 5.6yrs | no data | no data | |
| Manager of Public Relations | no data | no data | no data | |
| Senior Vice President of Administration & Group Insurance | no data | no data | no data | |
| Senior VP of Distribution Independent Advisor Network Individual Insurance | 19.8yrs | no data | no data | |
| Senior Vice President of Business Development & Finance Dealer Services | no data | no data | no data | |
| Executive Vice President of Individual Insurance | 9.3yrs | CA$2.01m | 0.012% CA$ 1.5m | |
| Chief Operating Officer of Investia Financial Services Inc | 3.3yrs | no data | no data |
5.9yrs
Average Tenure
62yo
Average Age
Experienced Management: IAG's management team is seasoned and experienced (5.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 6.2yrs | CA$6.10m | 0.051% CA$ 6.4m | |
| Independent Director | 5.5yrs | CA$187.50k | 0.000020% CA$ 2.5k | |
| Independent Director | 6.5yrs | CA$197.55k | 0.0037% CA$ 466.4k | |
| Independent Director | 2.5yrs | CA$230.18k | no data | |
| Independent Director | 3.5yrs | CA$167.50k | no data | |
| Independent Director | 5.3yrs | CA$172.50k | no data | |
| Independent Director | 5.5yrs | CA$182.50k | 0.0016% CA$ 200.1k | |
| Independent Director | 3.3yrs | CA$266.94k | no data | |
| Independent Director | 3.5yrs | CA$192.50k | 0.0036% CA$ 452.7k | |
| Independent Chairman | 13.8yrs | CA$458.41k | 0.012% CA$ 1.5m | |
| Independent Director | 8.5yrs | CA$202.00k | 0.00059% CA$ 73.8k | |
| Independent Director | 2.5yrs | CA$236.87k | no data |
5.4yrs
Average Tenure
63.5yo
Average Age
Experienced Board: IAG's board of directors are considered experienced (5.4 years average tenure).