Sun Life Financial Management
Management criteria checks 4/4
Sun Life Financial's CEO is Kevin Strain, appointed in Feb 2021, has a tenure of 3.17 years. total yearly compensation is CA$10.65M, comprised of 9.4% salary and 90.6% bonuses, including company stock and options. directly owns 0.006% of the company’s shares, worth CA$2.64M. The average tenure of the management team and the board of directors is 3.5 years and 3.2 years respectively.
Key information
Kevin Strain
Chief executive officer
CA$10.6m
Total compensation
| CEO salary percentage | 9.4% |
| CEO tenure | 3.2yrs |
| CEO ownership | 0.006% |
| Management average tenure | 3.5yrs |
| Board average tenure | 3.2yrs |
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) Dividend Will Be Increased To CA$0.72
Nov 16These Analysts Think Sun Life Financial Inc.'s (TSE:SLF) Sales Are Under Threat
Aug 22Sun Life Financial's (TSE:SLF) Upcoming Dividend Will Be Larger Than Last Year's
May 30Analysts Have Just Cut Their Sun Life Financial Inc. (TSE:SLF) Revenue Estimates By 14%
May 21Sun Life Financial (TSE:SLF) Has Announced That It Will Be Increasing Its Dividend To CA$0.69
May 16Here's Why We Think Sun Life Financial (TSE:SLF) Is Well Worth Watching
May 05Here's Why I Think Sun Life Financial (TSE:SLF) Is An Interesting Stock
Feb 03Sun Life Financial (TSE:SLF) Has Re-Affirmed Its Dividend Of CA$0.55
Nov 07Is Now The Time To Put Sun Life Financial (TSE:SLF) On Your Watchlist?
Nov 05Sun Life Financial (TSE:SLF) Has Re-Affirmed Its Dividend Of CA$0.55
Aug 22Sun Life Financial (TSE:SLF) Will Pay A Dividend Of CA$0.55
Aug 08CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | CA$11m | CA$1m | CA$3b |
| Sep 30 2023 | n/a | n/a | CA$4b |
| Jun 30 2023 | n/a | n/a | CA$3b |
| Mar 31 2023 | n/a | n/a | CA$3b |
| Dec 31 2022 | CA$9m | CA$1m | CA$3b |
| Sep 30 2022 | n/a | n/a | CA$3b |
| Jun 30 2022 | n/a | n/a | CA$4b |
| Mar 31 2022 | n/a | n/a | CA$4b |
| Dec 31 2021 | CA$11m | CA$863k | CA$4b |
| Sep 30 2021 | n/a | n/a | CA$4b |
| Jun 30 2021 | n/a | n/a | CA$3b |
| Mar 31 2021 | n/a | n/a | CA$3b |
| Dec 31 2020 | CA$5m | CA$638k | CA$2b |
| Sep 30 2020 | n/a | n/a | CA$2b |
| Jun 30 2020 | n/a | n/a | CA$2b |
| Mar 31 2020 | n/a | n/a | CA$2b |
| Dec 31 2019 | CA$3m | CA$623k | CA$3b |
| Sep 30 2019 | n/a | n/a | CA$2b |
| Jun 30 2019 | n/a | n/a | CA$2b |
| Mar 31 2019 | n/a | n/a | CA$2b |
| Dec 31 2018 | CA$4m | CA$600k | CA$3b |
| Sep 30 2018 | n/a | n/a | CA$2b |
| Jun 30 2018 | n/a | n/a | CA$2b |
| Mar 31 2018 | n/a | n/a | CA$2b |
| Dec 31 2017 | CA$5m | CA$577k | CA$2b |
Compensation vs Market: Kevin's total compensation ($USD7.79M) is about average for companies of similar size in the Canadian market ($USD8.20M).
Compensation vs Earnings: Kevin's compensation has been consistent with company performance over the past year.
CEO
Kevin Strain (57 yo)
3.2yrs
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.2yrs | CA$10.65m | 0.0065% CA$ 2.6m | |
| President of SLC Management | 10.1yrs | CA$8.31m | no data | |
| President of Sun Life U.S. | 10.1yrs | CA$5.95m | 0.00051% CA$ 208.4k | |
| President of Sun Life Canada | 6.3yrs | CA$5.09m | 0.00017% CA$ 69.5k | |
| President of Sun Life Asia | less than a year | CA$4.56m | 0.00022% CA$ 89.9k | |
| Executive VP & CFO | no data | no data | no data | |
| Executive VP and Chief Information & Technology Innovation Officer | 3.8yrs | no data | 0.00015% CA$ 61.3k | |
| Senior VP of Capital Management & Investor Relations | less than a year | no data | no data | |
| Executive VP and Chief Legal Officer & Public Policy Officer | 8.9yrs | no data | 0.0026% CA$ 1.0m | |
| Senior VP & Chief Compliance Officer | less than a year | no data | no data | |
| Vice President of Corporate Communications | no data | no data | no data | |
| Executive Vice President of Sales | no data | no data | no data |
3.5yrs
Average Tenure
58yo
Average Age
Experienced Management: SLF's management team is considered experienced (3.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.2yrs | CA$10.65m | 0.0065% CA$ 2.6m | |
| Chairman of MFS Mclean Budden Limited and CEO | no data | no data | no data | |
| Independent Director | 1.3yrs | no data | no data | |
| Independent Chairman | 8.5yrs | CA$490.00k | 0.000050% CA$ 20.4k | |
| Independent Corporate Director | 10.3yrs | CA$333.00k | 0.0012% CA$ 498.4k | |
| Independent Corporate Director | 11.9yrs | CA$280.00k | 0.00086% CA$ 351.3k | |
| Independent Corporate Director | 2.9yrs | CA$251.00k | 0.000040% CA$ 16.3k | |
| Independent Corporate Director | 2.9yrs | CA$298.00k | 0.000040% CA$ 16.3k | |
| Independent Corporate Director | 7.3yrs | CA$333.00k | 0.0024% CA$ 960.1k | |
| Independent Corporate Director | 2.3yrs | CA$307.00k | 0.00021% CA$ 85.8k | |
| Independent Corporate Director | 5.9yrs | CA$342.00k | 0.00025% CA$ 102.1k | |
| Independent Corporate Director | 2.5yrs | CA$298.00k | 0.000070% CA$ 28.6k |
3.2yrs
Average Tenure
63yo
Average Age
Experienced Board: SLF's board of directors are considered experienced (3.2 years average tenure).