Sagicor Financial Management
Management criteria checks 3/4
Sagicor Financial's CEO is Andre Mousseau, appointed in Apr 2023, has a tenure of 1.08 years. total yearly compensation is $2.57M, comprised of 25.3% salary and 74.7% bonuses, including company stock and options. directly owns 0.18% of the company’s shares, worth CA$1.72M. The average tenure of the management team and the board of directors is 5.1 years and 4.4 years respectively.
Key information
Andre Mousseau
Chief executive officer
US$2.6m
Total compensation
| CEO salary percentage | 25.3% |
| CEO tenure | 1.1yrs |
| CEO ownership | 0.2% |
| Management average tenure | 5.1yrs |
| Board average tenure | 4.4yrs |
Recent management updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | US$532m |
| Sep 30 2023 | n/a | n/a | US$399m |
| Jun 30 2023 | n/a | n/a | US$328m |
| Mar 31 2023 | n/a | n/a | US$198m |
| 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$44m |
Compensation vs Market: Andre's total compensation ($USD2.57M) is above average for companies of similar size in the Canadian market ($USD1.77M).
Compensation vs Earnings: Andre's compensation has been consistent with company performance over the past year.
CEO
Andre Mousseau
1.1yrs
Tenure
US$2,571,296
Compensation
Mr. Andre G. Mousseau, BA, MBA, has been Director of Sagicor Group Jamaica Limited since September 2023. He has been Group President, Chief Executive Officer and Director of Sagicor Financial Company Ltd....
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group President | 1.1yrs | US$2.57m | 0.18% $ 1.7m | |
| President & CEO of Sagicor Life Inc | 3.3yrs | US$717.78k | 0.059% $ 548.7k | |
| President & CEO of Sagicor Group Jamaica Limited | 7yrs | US$1.64m | no data | |
| Group Chief Actuary | 6.8yrs | US$683.65k | 0.026% $ 244.1k | |
| Group Chief Financial Officer | 1.2yrs | no data | no data | |
| Executive VP & Group Chief Information Officer | 10.7yrs | no data | 0.026% $ 246.0k | |
| Executive VP | 10.3yrs | no data | 0.051% $ 477.8k | |
| VP of Group Marketing | 6.3yrs | no data | no data | |
| Executive Vice President of Corporate Development & Capital Markets | 1.2yrs | no data | 0.021% $ 192.8k | |
| CEO & Chief Risk Officer of Sagicor Reinsurance Bermuda Limited | 17.3yrs | no data | 0.13% $ 1.2m | |
| Executive VP & GM of Barbados Operations of Sagicor Life Inc | 3.8yrs | no data | 0.0033% $ 30.3k | |
| Group Chief Risk Officer & Chief Sustainability Officer | 1.8yrs | no data | 0.019% $ 179.5k |
5.1yrs
Average Tenure
61.5yo
Average Age
Experienced Management: SFC's management team is seasoned and experienced (5.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group President | 1.1yrs | US$2.57m | 0.18% $ 1.7m | |
| Director | 4.4yrs | US$107.50k | 8.33% $ 77.4m | |
| Independent Chairman of the Board | 4.4yrs | US$220.00k | no data | |
| Director | 21.4yrs | US$6.44m | 1.35% $ 12.6m | |
| Independent Director | 2.9yrs | US$93.50k | no data | |
| Independent Director | 4.4yrs | US$93.50k | no data | |
| Independent Director | 18.9yrs | US$162.25k | 0.0016% $ 14.6k | |
| Independent Director | 13.9yrs | US$203.86k | 0.0041% $ 38.0k | |
| Independent Director | 3.6yrs | US$204.02k | 0.00016% $ 1.5k | |
| Independent Director | 4.4yrs | US$191.50k | no data | |
| Independent Director | 4.4yrs | US$110.77k | no data | |
| Independent Director | 4.4yrs | US$107.00k | no data |
4.4yrs
Average Tenure
65yo
Average Age
Experienced Board: SFC's board of directors are considered experienced (4.4 years average tenure).