Intact Financial Corporation

TSX:IFC Stock Report

Market Cap: CA$46.7b

Intact Financial Management

Management criteria checks 2/4

Intact Financial's CEO is Charles Joseph Brindamour, appointed in Jan 2008, has a tenure of 16.92 years. total yearly compensation is CA$15.21M, comprised of 8.5% salary and 91.5% bonuses, including company stock and options. directly owns 0.24% of the company’s shares, worth CA$112.00M. The average tenure of the management team and the board of directors is 9.8 years and 6.6 years respectively.

Key information

Charles Joseph Brindamour

Chief executive officer

CA$15.2m

Total compensation

CEO salary percentage8.5%
CEO tenure16.9yrs
CEO ownership0.2%
Management average tenure9.8yrs
Board average tenure6.6yrs

Recent management updates

Most Shareholders Will Probably Find That The CEO Compensation For Intact Financial Corporation (TSE:IFC) Is Reasonable

May 02
Most Shareholders Will Probably Find That The CEO Compensation For Intact Financial Corporation (TSE:IFC) Is Reasonable

Recent updates

Intact Financial Corporation's (TSE:IFC) Share Price Matching Investor Opinion

Jul 22
Intact Financial Corporation's (TSE:IFC) Share Price Matching Investor Opinion

Most Shareholders Will Probably Find That The CEO Compensation For Intact Financial Corporation (TSE:IFC) Is Reasonable

May 02
Most Shareholders Will Probably Find That The CEO Compensation For Intact Financial Corporation (TSE:IFC) Is Reasonable

Intact Financial (TSE:IFC) Is Paying Out A Larger Dividend Than Last Year

Feb 19
Intact Financial (TSE:IFC) Is Paying Out A Larger Dividend Than Last Year

What You Can Learn From Intact Financial Corporation's (TSE:IFC) P/E

Feb 06
What You Can Learn From Intact Financial Corporation's (TSE:IFC) P/E

CEO Compensation Analysis

How has Charles Joseph Brindamour's remuneration changed compared to Intact Financial's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

CA$2b

Jun 30 2024n/an/a

CA$2b

Mar 31 2024n/an/a

CA$2b

Dec 31 2023CA$15mCA$1m

CA$1b

Sep 30 2023n/an/a

CA$1b

Jun 30 2023n/an/a

CA$1b

Mar 31 2023n/an/a

CA$2b

Dec 31 2022CA$12mCA$1m

CA$2b

Sep 30 2022n/an/a

CA$3b

Jun 30 2022n/an/a

CA$3b

Mar 31 2022n/an/a

CA$2b

Dec 31 2021CA$21mCA$1m

CA$2b

Sep 30 2021n/an/a

CA$2b

Jun 30 2021n/an/a

CA$2b

Mar 31 2021n/an/a

CA$1b

Dec 31 2020CA$10mCA$1m

CA$1b

Sep 30 2020n/an/a

CA$894m

Jun 30 2020n/an/a

CA$748m

Mar 31 2020n/an/a

CA$656m

Dec 31 2019CA$9mCA$1m

CA$709m

Sep 30 2019n/an/a

CA$713m

Jun 30 2019n/an/a

CA$724m

Mar 31 2019n/an/a

CA$720m

Dec 31 2018CA$9mCA$1m

CA$667m

Sep 30 2018n/an/a

CA$656m

Jun 30 2018n/an/a

CA$633m

Mar 31 2018n/an/a

CA$719m

Dec 31 2017CA$8mCA$1m

CA$765m

Compensation vs Market: Charles Joseph's total compensation ($USD10.58M) is above average for companies of similar size in the Canadian market ($USD7.76M).

Compensation vs Earnings: Charles Joseph's compensation has increased by more than 20% in the past year.

CEO

Charles Joseph Brindamour (54 yo)

16.9yrs

Tenure

CA$15,210,030

Compensation

Mr. Charles Joseph Gaston Brindamour, B.Sc. serves as an Independent Director at Canadian Imperial Bank of Commerce since February 1, 2020. He is Director of CIBC INC. (Ontario, Canada) from 2020.He was D...

Leadership Team

NamePositionTenureCompensationOwnership
Charles Joseph Brindamour
CEO & Director16.9yrsCA$15.21m0.24%
CA$ 112.0m
Louis Marcotte
Executive VP & CFO11yrsCA$3.09m0.019%
CA$ 8.9m
Louis Gagnon
Chief Executive Officer of Canada11yrsCA$5.11m0.046%
CA$ 21.7m
Timothy Miller
Chief Executive Officer of Global Specialty Lines7.3yrsCA$7.96m0.048%
CA$ 22.6m
Kenneth Norgrove
Chief Executive Officer of U.K.&Ino dataCA$3.56m0%
CA$ 0
Patrick Barbeau
Chief Operating Officer3.6yrsno data0.012%
CA$ 5.5m
Frederic Cotnoir
Executive VP8.6yrsno data0.010%
CA$ 4.8m
Imen Zitouni
Senior VP & Chief Marketing Officerno datano datano data
Carla Smith
Executive VP and Chief People3.5yrsno data0.0084%
CA$ 3.9m
Kenneth Anderson
Executive VP & CFO of RSA UK and Internationalno datano data0.0086%
CA$ 4.0m
Anne Fortin
President of Intact Insuranceno datano data0.0083%
CA$ 3.9m
Werner Muehlemann
Executive VP & MD of Intact Investment Management Inc.10.9yrsno data0.0094%
CA$ 4.4m

9.8yrs

Average Tenure

57yo

Average Age

Experienced Management: IFC's management team is seasoned and experienced (9.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Charles Joseph Brindamour
CEO & Director16.9yrsCA$15.21m0.24%
CA$ 112.0m
William Young
Independent Chairman6.6yrsCA$489.82k0.0051%
CA$ 2.4m
Indira Samarasekera
Independent Director3.6yrsCA$268.00kno data
Sylvie Paquette
Independent Director7.6yrsCA$329.83k0.0011%
CA$ 523.5k
Mark Hodges
Chairman of the RSA UK & International Boardno datano datano data
Emmanuel Clarke de Dromantin
Independent Director3.4yrsCA$297.13k0.0020%
CA$ 934.8k
Robert Leary
Independent Director9.6yrsCA$400.11k0.0015%
CA$ 691.8k
Frederick G. Singer
Independent Director11.6yrsCA$319.88k0.0013%
CA$ 621.7k
Carolyn Wilkins
Independent Director3.8yrsCA$251.00kno data
Janet De Silva
Independent Director11.6yrsCA$251.00k0.0032%
CA$ 1.5m
Jane Kinney
Independent Director5.6yrsCA$268.00k0.00045%
CA$ 210.3k
Stuart Russell
Independent Director4.6yrsCA$297.13k0.0027%
CA$ 1.3m

6.6yrs

Average Tenure

62.5yo

Average Age

Experienced Board: IFC's board of directors are considered experienced (6.6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 02:45
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Intact Financial Corporation is covered by 26 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David DonovanAccountability Research Corporation
John AikenBarclays
Tom MacKinnonBMO Capital Markets Equity Research