Sun Life Financial Inc.

TSX:SLF Stock Report

Market Cap: CA$48.5b

Sun Life Financial Management

Management criteria checks 3/4

Sun Life Financial's CEO is Kevin Strain, appointed in Feb 2021, has a tenure of 3.75 years. total yearly compensation is CA$10.65M, comprised of 9.4% salary and 90.6% bonuses, including company stock and options. directly owns 0.009% of the company’s shares, worth CA$4.18M. The average tenure of the management team and the board of directors is 1.8 years and 3.5 years respectively.

Key information

Kevin Strain

Chief executive officer

CA$10.6m

Total compensation

CEO salary percentage9.4%
CEO tenure3.8yrs
CEO ownership0.009%
Management average tenure1.8yrs
Board average tenure3.5yrs

Recent management updates

Recent updates

Sun Life Financial's (TSE:SLF) Shareholders Will Receive A Bigger Dividend Than Last Year

May 15
Sun Life Financial's (TSE:SLF) Shareholders Will Receive A Bigger Dividend Than Last Year

Sun Life Financial's (TSE:SLF) Dividend Will Be Increased To CA$0.72

Nov 16
Sun Life Financial's (TSE:SLF) Dividend Will Be Increased To CA$0.72

These Analysts Think Sun Life Financial Inc.'s (TSE:SLF) Sales Are Under Threat

Aug 22
These Analysts Think Sun Life Financial Inc.'s (TSE:SLF) Sales Are Under Threat

CEO Compensation Analysis

How has Kevin Strain's remuneration changed compared to Sun Life Financial's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

CA$4b

Jun 30 2024n/an/a

CA$3b

Mar 31 2024n/an/a

CA$3b

Dec 31 2023CA$11mCA$1m

CA$3b

Sep 30 2023n/an/a

CA$4b

Jun 30 2023n/an/a

CA$3b

Mar 31 2023n/an/a

CA$3b

Dec 31 2022CA$9mCA$1m

CA$3b

Sep 30 2022n/an/a

CA$3b

Jun 30 2022n/an/a

CA$4b

Mar 31 2022n/an/a

CA$4b

Dec 31 2021CA$11mCA$863k

CA$4b

Sep 30 2021n/an/a

CA$4b

Jun 30 2021n/an/a

CA$3b

Mar 31 2021n/an/a

CA$3b

Dec 31 2020CA$5mCA$638k

CA$2b

Sep 30 2020n/an/a

CA$2b

Jun 30 2020n/an/a

CA$2b

Mar 31 2020n/an/a

CA$2b

Dec 31 2019CA$3mCA$623k

CA$3b

Sep 30 2019n/an/a

CA$2b

Jun 30 2019n/an/a

CA$2b

Mar 31 2019n/an/a

CA$2b

Dec 31 2018CA$4mCA$600k

CA$3b

Sep 30 2018n/an/a

CA$2b

Jun 30 2018n/an/a

CA$2b

Mar 31 2018n/an/a

CA$2b

Dec 31 2017CA$5mCA$577k

CA$2b

Compensation vs Market: Kevin's total compensation ($USD7.62M) is about average for companies of similar size in the Canadian market ($USD7.94M).

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

CEO

Kevin Strain (58 yo)

3.8yrs

Tenure

CA$10,649,521

Compensation

Mr. Kevin David Strain, CPA, CA, has been President and Director at Sun Life Financial Inc. since February 15, 2021 and serves as Chief Executive Officer since August 7, 2021. He is Director at Sun Life As...

Leadership Team

NamePositionTenureCompensationOwnership
Kevin Strain
President3.8yrsCA$10.65m0.0086%
CA$ 4.2m
Daniel Fishbein
President of Sun Life U.S.10.7yrsCA$5.95m0.00085%
CA$ 412.3k
Jacques Goulet
President of Sun Life Canada6.8yrsCA$5.09m0.00017%
CA$ 82.5k
Manjit Singh
President of Sun Life Asialess than a yearCA$4.56m0.00022%
CA$ 106.7k
Timothy Deacon
Executive VP & CFOless than a yearno datano data
Laura Money
Executive VP & Chief Technology Innovation Officer2.3yrsno data0.00015%
CA$ 72.8k
Maya Beri
SVP & Chief Information Officerless than a yearno datano data
David Garg
Senior VP of Capital Management & Investor Relations1.4yrsno datano data
Melissa Kennedy
Executive VP and Chief Legal Officer & Public Policy Officer9.5yrsno data0.0026%
CA$ 1.3m
Anne Sonnen
Senior VP & Chief Compliance Officer1.3yrsno datano data
Aishling Cullen
Senior Vice President of Corporate Communicationsno datano datano data
Michael Joyce
Executive Vice President of Salesno datano datano data

1.8yrs

Average Tenure

58yo

Average Age

Experienced Management: SLF's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Kevin Strain
President3.8yrsCA$10.65m0.0086%
CA$ 4.2m
Michael William Roberge
Chairman of MFS Mclean Budden Limited and CEOno datano datano data
Laurie Hylton
Independent Director1.9yrsCA$304.00kno data
Scott Powers
Independent Chairman9.1yrsCA$490.00k0.000050%
CA$ 24.3k
M. Harris
Independent Corporate Director10.9yrsCA$333.00k0.0013%
CA$ 611.1k
H. Ho
Independent Corporate Director3.5yrsCA$307.00k0.000040%
CA$ 19.4k
Stephen Peacher
Executive Chair of SLC Managementless than a yearCA$8.31mno data
Deepak Chopra
Independent Corporate Director3.5yrsCA$298.00k0.000040%
CA$ 19.4k
Stephanie Coyles
Independent Corporate Director7.8yrsCA$333.00k0.0026%
CA$ 1.3m
Marie-Lucie Morin
Independent Corporate Director2.9yrsCA$307.00k0.00022%
CA$ 106.7k
Ashok Gupta
Independent Corporate Director6.5yrsCA$342.00k0.00026%
CA$ 126.1k
Helen Mallovy-Hicks
Independent Corporate Director3.1yrsCA$298.00k0.000070%
CA$ 34.0k

3.5yrs

Average Tenure

63yo

Average Age

Experienced Board: SLF's board of directors are considered experienced (3.5 years average tenure).