Manulife Financial Corporation

TSX:MFC Stock Report

Market Cap: CA$75.9b

Manulife Financial Management

Management criteria checks 3/4

Manulife Financial's CEO is Roy Gori, appointed in Jun 2017, has a tenure of 7.5 years. total yearly compensation is CA$19.38M, comprised of 8.9% salary and 91.1% bonuses, including company stock and options. directly owns 0.038% of the company’s shares, worth CA$29.07M. The average tenure of the management team and the board of directors is 4 years and 4.9 years respectively.

Key information

Roy Gori

Chief executive officer

CA$19.4m

Total compensation

CEO salary percentage8.9%
CEO tenure7.5yrs
CEO ownership0.04%
Management average tenure4yrs
Board average tenure4.9yrs

Recent management updates

Recent updates

Broker Revenue Forecasts For Manulife Financial Corporation (TSE:MFC) Are Surging Higher

Nov 28
Broker Revenue Forecasts For Manulife Financial Corporation (TSE:MFC) Are Surging Higher

Increases to Manulife Financial Corporation's (TSE:MFC) CEO Compensation Might Cool off for now

May 03
Increases to Manulife Financial Corporation's (TSE:MFC) CEO Compensation Might Cool off for now

CEO Compensation Analysis

How has Roy Gori's remuneration changed compared to Manulife Financial's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

CA$5b

Jun 30 2024n/an/a

CA$4b

Mar 31 2024n/an/a

CA$4b

Dec 31 2023CA$19mCA$2m

CA$5b

Sep 30 2023n/an/a

CA$4b

Jun 30 2023n/an/a

CA$4b

Mar 31 2023n/an/a

CA$483m

Dec 31 2022CA$17mCA$2m

-CA$2b

Sep 30 2022n/an/a

-CA$998m

Jun 30 2022n/an/a

CA$117m

Mar 31 2022n/an/a

CA$5b

Dec 31 2021CA$17mCA$2m

CA$7b

Sep 30 2021n/an/a

CA$7b

Jun 30 2021n/an/a

CA$7b

Mar 31 2021n/an/a

CA$5b

Dec 31 2020CA$15mCA$2m

CA$6b

Sep 30 2020n/an/a

CA$5b

Jun 30 2020n/an/a

CA$4b

Mar 31 2020n/an/a

CA$5b

Dec 31 2019CA$15mCA$1m

CA$5b

Sep 30 2019n/an/a

CA$5b

Jun 30 2019n/an/a

CA$6b

Mar 31 2019n/an/a

CA$5b

Dec 31 2018CA$13mCA$1m

CA$5b

Sep 30 2018n/an/a

CA$2b

Jun 30 2018n/an/a

CA$2b

Mar 31 2018n/an/a

CA$2b

Dec 31 2017CA$13mCA$1m

CA$2b

Compensation vs Market: Roy's total compensation ($USD13.49M) is above average for companies of similar size in the Canadian market ($USD7.76M).

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

CEO

Roy Gori (54 yo)

7.5yrs

Tenure

CA$19,382,615

Compensation

Mr. Roy Gori served as President and Chief Executive Officer of Manulife Financial Asia Limited until July 1, 2023. He has been the President and Chief Executive Officer of Manufacturers Life Insurance Com...

Leadership Team

NamePositionTenureCompensationOwnership
Roy Gori
President7.5yrsCA$19.38m0.038%
CA$ 29.1m
Colin Simpson
Chief Financial Officer1.4yrsCA$4.52m0.00034%
CA$ 258.1k
Marc Costantini
Global Head of Strategy and Inforce Management2.5yrsCA$6.01m0.0015%
CA$ 1.2m
Paul Lorentz
President and CEO of Global Wealth & Asset Managementno dataCA$7.20m0.0033%
CA$ 2.5m
Philip Witherington
President & CEO of Manulife Asia1.4yrsCA$7.80m0.0065%
CA$ 4.9m
Rahul Joshi
Chief Operations Officer5.5yrsCA$6.69m0.0025%
CA$ 1.9m
Trevor Kreel
Chief Investment Officerless than a yearno data0.0015%
CA$ 1.2m
Lynda Sullivan
Executive VP & Chief Accounting Officerno datano datano data
Shamus Edward Weiland
Global Chief Information Officer5.7yrsno data0.0021%
CA$ 1.6m
James Gallagher
General Counsel8.2yrsno data0.0011%
CA$ 857.8k
Anne Hammer
Global Chief Communications Officerno datano datano data
Karen Leggett
Chief Marketing Officerno datano data0.00098%
CA$ 743.9k

4.0yrs

Average Tenure

Experienced Management: MFC's management team is considered experienced (4 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Roy Gori
President7.2yrsCA$19.38m0.038%
CA$ 29.1m
Claude Prieur
Independent Corporate Director11.9yrsCA$361.10k0.011%
CA$ 8.7m
Nicole Arnaboldi
Independent Corporate Director4.5yrsCA$354.17k0.00037%
CA$ 280.9k
Donald Kanak
Independent Directorless than a yearno datano data
Donald Lindsay
Independent Chairman of the Board14.3yrsCA$550.21k0.0069%
CA$ 5.2m
J. Durland
Independent Directorless than a yearno datano data
Damien Allen Green
Chairman of the Board - Manulife Asia1.4yrsno datano data
Susan Dabarno
Independent Corporate Director11.8yrsCA$307.60k0.0026%
CA$ 2.0m
Siew Boi Tan
Independent Corporate Director3yrsCA$307.60kno data
Julie Dickson
Independent Corporate Director5.3yrsCA$307.60kno data
Leagh Turner
Independent Corporate Director4.1yrsCA$307.60kno data
Guy Bainbridge
Independent Corporate Director5.3yrsCA$361.10kno data

4.9yrs

Average Tenure

64.5yo

Average Age

Experienced Board: MFC's board of directors are considered experienced (4.9 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 05:40
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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Learn about the world class team who designed and built the Simply Wall St analysis model.

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

Manulife Financial Corporation is covered by 41 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mark RosenAccountability Research Corporation
Ishan MajumdarBaptista Research
Alex ScottBarclays