Bank of Nova Scotia Management

Management criteria checks 3/4

Bank of Nova Scotia's CEO is L. Thomson, appointed in Dec 2022, has a tenure of 1.33 years. total yearly compensation is CA$9.40M, comprised of 9.8% salary and 90.2% bonuses, including company stock and options. directly owns 0.004% of the company’s shares, worth €2.31M. The average tenure of the management team and the board of directors is 5 years and 7.4 years respectively.

Key information

L. Thomson

Chief executive officer

CA$9.4m

Total compensation

CEO salary percentage	9.8%
CEO tenure	1.3yrs
CEO ownership	0.004%
Management average tenure	5yrs
Board average tenure	7.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has L. Thomson's remuneration changed compared to Bank of Nova Scotia's earnings?
Date	Total Compensation	Salary	Company Earnings
Jan 31 2024	n/a	n/a	CA$7b
Oct 31 2023	CA$9m	CA$918k	CA$7b
Jul 31 2023	n/a	n/a	CA$8b
Apr 30 2023	n/a	n/a	CA$8b
Jan 31 2023	n/a	n/a	CA$9b
Oct 31 2022	CA$320k	n/a	CA$10b
Jul 31 2022	n/a	n/a	CA$10b
Apr 30 2022	n/a	n/a	CA$10b
Jan 31 2022	n/a	n/a	CA$10b
Oct 31 2021	n/a	n/a	CA$9b
Jul 31 2021	n/a	n/a	CA$9b
Apr 30 2021	n/a	n/a	CA$8b
Jan 31 2021	n/a	n/a	CA$7b
Oct 31 2020	n/a	n/a	CA$7b
Jul 31 2020	n/a	n/a	CA$7b
Apr 30 2020	n/a	n/a	CA$7b
Jan 31 2020	n/a	n/a	CA$8b
Oct 31 2019	CA$263k	n/a	CA$8b
Jul 31 2019	n/a	n/a	CA$8b
Apr 30 2019	n/a	n/a	CA$8b
Jan 31 2019	n/a	n/a	CA$8b
Oct 31 2018	CA$235k	n/a	CA$8b
Jul 31 2018	n/a	n/a	CA$8b
Apr 30 2018	n/a	n/a	CA$8b
Jan 31 2018	n/a	n/a	CA$8b
Oct 31 2017	CA$235k	n/a	CA$8b

Compensation vs Market: L.'s total compensation ($USD6.89M) is about average for companies of similar size in the German market ($USD5.58M).

Compensation vs Earnings: L.'s compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

L. Thomson (53 yo)

1.3yrs

Tenure

CA$9,403,719

Compensation

Mr. L. Scott Thomson serves as CEO at The Bank of Nova Scotia since February 01, 2023. He is President of The Bank of Nova Scotia from December 01, 2022 and serves as its Director from 2016. Mr. Thomson ha...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
L. Thomson	President	1.3yrs	CA$9.40m	0.0044% CA$ 2.3m
Rajagopal Viswanathan	Group Head & CFO	5.9yrs	CA$3.59m	0.0030% CA$ 1.6m
Francisco Aristeguieta Silva	Group Head of International Banking	less than a year	CA$7.29m	no data
Michael Zerbs	Group Head of Technology & Operations	4.1yrs	no data	0.00011% CA$ 58.0k
John McCartney	Head of Investor Relations	no data	no data	no data
Ian Arellano	Executive VP & General Counsel	6.3yrs	no data	0.00015% CA$ 79.1k
Nicole Frew	Executive VP & Chief Compliance Officer	3.6yrs	no data	0.000090% CA$ 47.4k
Meigan Terry	Senior VP	no data	no data	no data
Jenny Poulos	Chief Human Resources Officer	less than a year	no data	no data
Anya Schnoor	Executive Vice President of Caribbean	17.6yrs	no data	no data
John Doig	Executive Vice President of Retail Sales	8.3yrs	no data	no data
Glen Gowland	Vice Chair	16.8yrs	no data	0.00023% CA$ 121.3k

5.0yrs

Average Tenure

Experienced Management: BKN's management team is seasoned and experienced (5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
L. Thomson	President	8yrs	CA$9.40m	0.0044% CA$ 2.3m
Una Power	Independent Director	8yrs	CA$414.38k	0.00047% CA$ 247.8k
Calin Rovinescu	Independent Director	3.4yrs	CA$325.00k	0.0018% CA$ 933.1k
Scott Bonham	Independent Director	8.3yrs	CA$275.00k	0.00012% CA$ 63.3k
Aaron Regent	Independent Chairman of the Board	11yrs	CA$500.00k	0.0076% CA$ 4.0m
Benita Warmbold	Independent Director	5.5yrs	CA$320.83k	0.00025% CA$ 131.8k
Lynn Patterson	Independent Director	3.6yrs	CA$275.00k	0.00087% CA$ 458.7k
Daniel Callahan	Independent Director	2.8yrs	CA$275.00k	0.000080% CA$ 42.2k
Guillermo Babatz	Independent Director	10.3yrs	CA$342.04k	0.00020% CA$ 105.4k
Nora Aufreiter	Independent Director	9.7yrs	CA$325.00k	0.00056% CA$ 295.2k
Michael Penner	Independent Director	6.8yrs	CA$275.00k	0.0011% CA$ 606.3k
Wendell Dowrich	Independent Director	1.8yrs	CA$114.58k	0.000080% CA$ 42.2k

7.4yrs

Average Tenure

59.5yo

Average Age

Experienced Board: BKN's board of directors are considered experienced (7.4 years average tenure).

Bank of Nova Scotia Management

Management criteria checks 3/4

Key information

Recent management updates

Scotiabank Announces Executive Changes

Scotiabank Announces Executive Changes

The Bank of Nova Scotia Appoints Paul Baroni as Chief Financial Officer

Scotiabank Announces Executive Appointments

Independent Director recently bought €101k worth of stock

President recently bought €699k worth of stock

Recent updates

Upcoming dividend of CA$1.06 per share

First quarter dividend of CA$1.06 announced

Scotiabank Announces Dividend on Outstanding Shares, Payable on April 26, 2024

New minor risk - Shareholder dilution

First quarter 2024 earnings released: EPS: CA$1.70 (vs CA$1.37 in 1Q 2023)

Scotiabank Announces Executive Changes

Scotiabank and Home Hardware Team Up to Launch the New Scotia Home Hardware Pro Visa Business Card

Upcoming dividend of CA$1.06 per share at 6.7% yield

New major risk - Revenue size

The Bank of Nova Scotia to Report Q3, 2024 Results on Aug 27, 2024

Full year 2023 earnings released: EPS: CA$5.84 (vs CA$8.05 in FY 2022)

Scotiabank Announces Dividend, Payable on January 29, 2024

Scotiabank Announces Executive Changes

Canadian Tire Corporation, Limited (TSX:CTC.A) acquired 20% equity interest in Canadian Tire Services Limited from The Bank of Nova Scotia (TSX:BNS). in a transaction valued at CAD 895 million.

Upcoming dividend of CA$1.06 per share at 6.7% yield

The Bank of Nova Scotia Appoints Paul Baroni as Chief Financial Officer

Third quarter 2023 earnings released: EPS: CA$1.74 (vs CA$2.10 in 3Q 2022)

The Bank of Nova Scotia to Report Q4, 2023 Results on Nov 28, 2023

Scotiabank Supports Canadians with the Launch of the First Home Buyers Savings Account

The Bank of Nova Scotia to Report Q3, 2023 Results on Aug 29, 2023

Laurentian Bank's Shares Fall After Media Report of Potential Top Bidders Bowed Out

Scotiabank Announces Executive Appointments

Upcoming dividend of CA$1.06 per share at 6.6% yield

Independent Director recently bought €101k worth of stock

Scotiabank Announces Dividend on Common Shares, Payable July 27, 2023

Second quarter 2023 earnings released: EPS: CA$1.70 (vs CA$2.16 in 2Q 2022)

The Bank of Nova Scotia to Report Q2, 2023 Results on May 24, 2023

Upcoming dividend of CA$1.03 per share at 6.3% yield

President recently bought €699k worth of stock

First quarter 2023 earnings released: EPS: CA$1.37 (vs CA$2.15 in 1Q 2022)

Upcoming dividend of CA$1.03 per share

Full year 2022 earnings released

The Bank of Nova Scotia, Annual General Meeting, Apr 04, 2023

The Bank of Nova Scotia to Report Q4, 2022 Results on Nov 29, 2022

The Bank of Nova Scotia announced a financing transaction

Independent Chairman of the Board recently bought €1.5m worth of stock

Scotiabank Launches Next-Gen Algorithmic Trading Platform with Bestex Research

Scotiabank Announces CEO Changes

Upcoming dividend of CA$1.03 per share

Third quarter 2022 earnings released: EPS: CA$2.10 (vs CA$2.00 in 3Q 2021)

Scotiabank Announces Dividend on Common Shares, Payable on October 27, 2022

Scotiabank Launches Scotia TranXact

The Bank of Nova Scotia to Report Q3, 2022 Results on Aug 23, 2022

Upcoming dividend of CA$1.03 per share

Scotiabank Appoints W. Dave Dowrich to Its Board of Directors

Second quarter 2022 earnings released: EPS: CA$2.16 (vs CA$1.89 in 2Q 2021)

The Bank of Nova Scotia Announces Dividend, Payable on July 27, 2022

The Bank of Nova Scotia to Report Q2, 2022 Results on May 25, 2022

Scotiabank Announces Dividend on its Outstanding Common Shares, Payable on April 27, 2022

First quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

The Bank of Nova Scotia to Report Q1, 2022 Results on Mar 01, 2022

Upcoming dividend of CA$1.00 per share

Insider recently bought €209k worth of stock

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Upcoming dividend of CA$0.90 per share

Scotiabank Introduces Next Generation of Multi-Asset Electronic Trading - ScotiaRED

Insider recently bought €54k worth of stock

Third quarter 2021 earnings released: EPS CA$2.00 (vs CA$1.10 in 3Q 2020)

Scotiabank Launches New Credit Card Payment Plan Feature

Upcoming dividend of CA$0.90 per share

Second quarter 2021 earnings released

the Bank of Nova Scotia Announces Dividend, Payable on July 28, 2021

Independent Director has left the company

Independent Director has left the company

Upcoming dividend of CA$0.90 per share

Insider recently bought €334k worth of stock

First quarter 2021 earnings released: EPS CA$1.87 (vs CA$1.86 in 1Q 2020)

Scotiabank Launches Ai-Driven Technology, C.Mee, to Improve the Customer Experience

New 90-day high: €46.15