Sagicor Financial Management
Management criteria checks 2/4
Sagicor Financial's CEO is Andre Mousseau, appointed in Apr 2023, has a tenure of 1.67 years. total yearly compensation is $4.67M, comprised of 15.7% salary and 84.3% bonuses, including company stock and options. directly owns 0.27% of the company’s shares, worth CA$2.32M. The average tenure of the management team and the board of directors is 3.4 years and 5 years respectively.
Key information
Andre Mousseau
Chief executive officer
US$4.7m
Total compensation
| CEO salary percentage | 15.7% |
| CEO tenure | 1.7yrs |
| CEO ownership | 0.3% |
| Management average tenure | 3.4yrs |
| Board average tenure | 5yrs |
Recent management updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$530m |
| Jun 30 2024 | n/a | n/a | US$468m |
| Mar 31 2024 | n/a | n/a | US$557m |
| Dec 31 2023 | US$5m | US$731k | US$532m |
| Sep 30 2023 | n/a | n/a | US$119m |
| Jun 30 2023 | n/a | n/a | US$48m |
| Mar 31 2023 | n/a | n/a | -US$82m |
| Dec 31 2022 | US$3m | US$650k | -US$164m |
| Sep 30 2022 | n/a | n/a | -US$194m |
| Jun 30 2022 | n/a | n/a | -US$70m |
| Mar 31 2022 | n/a | n/a | US$21m |
| Dec 31 2021 | US$2m | US$600k | US$133m |
| Sep 30 2021 | n/a | n/a | US$120m |
| Jun 30 2021 | n/a | n/a | US$67m |
| Mar 31 2021 | n/a | n/a | US$57m |
| Dec 31 2020 | US$1m | US$550k | -US$4m |
| Sep 30 2020 | n/a | n/a | -US$21m |
| Jun 30 2020 | n/a | n/a | -US$12m |
| Mar 31 2020 | n/a | n/a | -US$443k |
| Dec 31 2019 | US$2m | US$550k | US$44m |
Compensation vs Market: Andre's total compensation ($USD4.67M) is above average for companies of similar size in the Canadian market ($USD1.18M).
Compensation vs Earnings: Andre's compensation has increased by more than 20% in the past year.
CEO
Andre Mousseau
1.7yrs
Tenure
US$4,665,437
Compensation
Mr. Andre G. Mousseau, BA, MBA, has been Director of Sagicor Group Jamaica Limited since 2022. He had been Group President of Sagicor Financial Company Ltd. (formerly known as Sagicor Financial Corporation...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.7yrs | US$4.67m | 0.27% CA$ 2.3m | |
| Group Chief Financial Officer | 1.8yrs | US$1.13m | 0.0029% CA$ 24.6k | |
| Executive Vice President of Corporate Development & Capital Markets | 1.8yrs | US$1.57m | 0.033% CA$ 286.3k | |
| President & CEO of Sagicor Group Jamaica Limited | 7.6yrs | US$1.75m | no data | |
| Group Chief Actuary | 7.3yrs | US$1.09m | 0.051% CA$ 435.4k | |
| Executive VP of Technology & Chief Digital Officer | less than a year | no data | no data | |
| Executive VP | 10.9yrs | no data | 0.073% CA$ 622.2k | |
| VP of Group Marketing | 6.9yrs | no data | no data | |
| Chief People Officer | less than a year | no data | 0.0036% CA$ 31.0k | |
| CEO & Chief Risk Officer of Sagicor Reinsurance Bermuda Limited | 17.9yrs | no data | 0.18% CA$ 1.5m | |
| Executive VP & GM of Barbados Operations of Sagicor Life Inc | 4.4yrs | no data | 0.0061% CA$ 52.3k | |
| Group Chief Risk Officer & Chief Sustainability Officer | 2.3yrs | no data | 0.027% CA$ 230.3k |
3.4yrs
Average Tenure
62yo
Average Age
Experienced Management: SFC's management team is considered experienced (3.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.7yrs | US$4.67m | 0.27% CA$ 2.3m | |
| Director | 5yrs | US$104.50k | 4.6% CA$ 39.5m | |
| Independent Chairman of the Board | 5yrs | US$220.00k | no data | |
| Director | 22yrs | US$482.59k | 1.37% CA$ 11.8m | |
| Independent Director | 3.5yrs | US$93.50k | no data | |
| Independent Director | 5yrs | US$100.51k | no data | |
| Independent Director | 19.5yrs | US$163.75k | 0.0016% CA$ 13.6k | |
| Independent Director | 14.5yrs | US$220.35k | 0.0042% CA$ 35.6k | |
| Independent Director | 12.9yrs | US$190.20k | 0.00017% CA$ 1.5k | |
| Independent Director | 5yrs | US$191.50k | no data | |
| Independent Director | 5yrs | US$110.86k | no data | |
| Independent Director | 5yrs | US$143.00k | no data |
5.0yrs
Average Tenure
66yo
Average Age
Experienced Board: SFC's board of directors are considered experienced (5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 03:51 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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Analyst Sources
Sagicor Financial Company Ltd. is covered by 4 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Gabriel Dechaine | National Bank Financial |
| Nicholas Johnson | Numis Securities Ltd. |
| Darko Mihelic | RBC Capital Markets |