National Bank of Canada Management

Management criteria checks 4/4

National Bank of Canada's CEO is Laurent Ferreira, appointed in Nov 2021, has a tenure of 2.5 years. total yearly compensation is CA$9.33M, comprised of 10.6% salary and 89.4% bonuses, including company stock and options. directly owns 0.033% of the company’s shares, worth €8.38M. The average tenure of the management team and the board of directors is 2.5 years and 4.6 years respectively.

Key information

Laurent Ferreira

Chief executive officer

CA$9.3m

Total compensation

CEO salary percentage	10.6%
CEO tenure	2.5yrs
CEO ownership	0.03%
Management average tenure	2.5yrs
Board average tenure	4.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Laurent Ferreira's remuneration changed compared to National Bank of Canada's earnings?
Date	Total Compensation	Salary	Company Earnings
Jan 31 2024	n/a	n/a	CA$3b
Oct 31 2023	CA$9m	CA$993k	CA$3b
Jul 31 2023	n/a	n/a	CA$3b
Apr 30 2023	n/a	n/a	CA$3b
Jan 31 2023	n/a	n/a	CA$3b
Oct 31 2022	CA$11m	CA$947k	CA$3b
Jul 31 2022	n/a	n/a	CA$3b
Apr 30 2022	n/a	n/a	CA$3b
Jan 31 2022	n/a	n/a	CA$3b
Oct 31 2021	CA$9m	CA$598k	CA$3b
Jul 31 2021	n/a	n/a	CA$3b
Apr 30 2021	n/a	n/a	CA$3b
Jan 31 2021	n/a	n/a	CA$2b
Oct 31 2020	CA$6m	CA$450k	CA$2b
Jul 31 2020	n/a	n/a	CA$2b
Apr 30 2020	n/a	n/a	CA$2b
Jan 31 2020	n/a	n/a	CA$2b
Oct 31 2019	CA$6m	CA$450k	CA$2b

Compensation vs Market: Laurent's total compensation ($USD6.78M) is about average for companies of similar size in the German market ($USD5.55M).

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

CEO

Laurent Ferreira (52 yo)

2.5yrs

Tenure

CA$9,331,036

Compensation

Mr. Laurent Ferreira serves as President and Chief Executive Officer at National Bank of Canada since November 1, 2021. He served as Chief Operating Officer at National Bank of Canada since February 1, 202...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Laurent Ferreira	President	2.5yrs	CA$9.33m	0.033% CA$ 8.4m
Marie Gingras	CFO & Executive VP of Finance	2.1yrs	CA$2.23m	no data
Lucie Blanchet	Executive Vice-President of Personal Banking & Client Experience	8yrs	CA$3.61m	0.00064% CA$ 163.7k
Etienne Dubuc	Executive VP	1.5yrs	CA$7.29m	no data
Julie Levesque	Executive Vice-President of Technology & Operations	2.3yrs	no data	0.00034% CA$ 86.9k
Marianne Ratte	VP & Head of Investor Relations	no data	no data	no data
Nicole Rondou	Vice President of Compliance	no data	no data	no data
Dominic Paradis	Senior VP of Legal Affairs & Corporate Secretary	no data	no data	no data
Claude Breton	Vice-President of Communications & Corporate Social Responsibility	no data	no data	no data
Brigitte Hebert	Head of Employee Experience & Executive VP of Employee Experience	5.9yrs	no data	0.0021% CA$ 526.8k
Jean Dagenais	Senior Vice-President of Finance	no data	CA$214.94k	no data
William Bonnell	Head of Risk Management & Executive VP of Risk Management	13.5yrs	no data	0.0026% CA$ 652.1k

2.5yrs

Average Tenure

Experienced Management: NBC's management team is considered experienced (2.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Laurent Ferreira	President	3.3yrs	CA$9.33m	0.033% CA$ 8.4m
Pierre Boivin	Independent Director	11.1yrs	CA$190.00k	0.0059% CA$ 1.5m
Pierre Blouin	Independent Director	7.7yrs	CA$220.00k	no data
Robert Pare	Independent Chairman of the Board	6.1yrs	CA$288.07k	0.0040% CA$ 1.0m
Pierre Pomerleau	Independent Director	1.1yrs	CA$81.85k	0.0015% CA$ 388.7k
Karen Kinsley	Independent Director	9.4yrs	CA$186.62k	0.0027% CA$ 682.7k
Patricia Curadeau-Grou	Independent Director	5.1yrs	CA$203.48k	0.0063% CA$ 1.6m
Yvon Charest	Independent Director	4.1yrs	CA$220.00k	0.0052% CA$ 1.3m
Macky Tall	Independent Director	3.1yrs	CA$162.92k	no data
Lynn Loewen	Independent Director	2.1yrs	CA$181.53k	0.00029% CA$ 74.2k
Annick Guerard	Independent Director	1.1yrs	CA$81.85k	no data
Rebecca McKillican	Independent Director	6.6yrs	CA$170.00k	no data

4.6yrs

Average Tenure

63yo

Average Age

Experienced Board: NBC's board of directors are considered experienced (4.6 years average tenure).

National Bank of Canada Management

Management criteria checks 4/4

Key information

Recent management updates

National Bank of Canada Announces Election of Arielle Meloul-Wechsler as Directors

National Bank of Canada, Annual General Meeting, Apr 19, 2024

National Bank of Canada Announces Appointment of Nancy Paquet as Executive Vice President, Wealth Management, Effective November 1, 2023

Insider recently sold €426k worth of stock

National Bank of Canada Announces Changes to Senior Leadership Team

National Bank of Canada, Annual General Meeting, Apr 21, 2023

Recent updates

National Bank of Canada Announces Election of Arielle Meloul-Wechsler as Directors

Upcoming dividend of CA$1.06 per share

National Bank of Canada Denies Media Report of Talks to Sell its Cambodian Unit

First quarter dividend of CA$1.06 announced

First quarter 2024 earnings released: EPS: CA$2.61 (vs CA$2.51 in 1Q 2023)

National Bank of Canada Declares Dividend for the Quarter Ending April 30, 2024, Payable on May 1, 2024

National Bank of Canada to Report Q3, 2024 Results on Aug 28, 2024

Upcoming dividend of CA$1.06 per share at 4.4% yield

Full year 2023 earnings released: EPS: CA$9.42 (vs CA$9.72 in FY 2022)

National Bank of Canada, Annual General Meeting, Apr 19, 2024

National Bank Declares Regular Dividends, Payable on February 1, 2024

Upcoming dividend of CA$1.02 per share at 4.3% yield

National Bank of Canada Declares Dividend for the Quarter Ending October 31, 2023, Payable on November 1, 2023

Third quarter 2023 earnings released: EPS: CA$2.38 (vs CA$2.38 in 3Q 2022)

National Bank of Canada (TSX:NA) entered into an agreement to acquire Commercial Loan Portfolio, Canadian branch of Silicon Valley Bank.

Upcoming dividend of CA$1.02 per share at 4.1% yield

National Bank of Canada Announces Appointment of Nancy Paquet as Executive Vice President, Wealth Management, Effective November 1, 2023

Second quarter 2023 earnings released: EPS: CA$2.41 (vs CA$2.58 in 2Q 2022)

National Bank of Canada Raises Quarterly Dividend, Payable on August 1, 2023

Upcoming dividend of CA$0.97 per share at 4.0% yield

Insider recently sold €426k worth of stock

First quarter 2023 earnings released: EPS: CA$2.51 (vs CA$2.68 in 1Q 2022)

National Bank of Canada Announces Changes to Senior Leadership Team

National Bank of Canada to Report Q4, 2023 Results on Dec 01, 2023

Upcoming dividend of CA$0.97 per share

Full year 2022 earnings released: EPS: CA$9.72 (vs CA$9.06 in FY 2021)

National Bank of Canada, Annual General Meeting, Apr 21, 2023

Upcoming dividend of CA$0.92 per share

President recently bought €1.0m worth of stock

Third quarter 2022 earnings released

National Bank of Canada Declares Regular Dividend, Payable on November 1, 2022

Upcoming dividend of CA$0.92 per share

Second quarter 2022 earnings released: EPS: CA$2.58 (vs CA$2.28 in 2Q 2021)

National Bank Increases Common Share Dividend for the Quarter Ending July 31, 2022, Payable on August 1, 2022

National Bank of Canada Appoints Lynn Loewen, to Board

Upcoming dividend of CA$0.87 per share

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

National Bank of Canada Announces Changes to Its Leadership Team, Effective April 1, 2022

Upcoming dividend of CA$0.87 per share

President recently bought €333k worth of stock

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

Upcoming dividend of CA$0.71 per share

Director Louis Vachon has joined 3rd company board

Director Louis Vachon has joined 3rd company board

Director Louis Vachon has joined 3rd company board

Director Louis Vachon has joined 3rd company board

Director Louis Vachon has joined 3rd company board

Director Louis Vachon has joined 3rd company board

Third quarter 2021 earnings released: EPS CA$2.39 (vs CA$1.67 in 3Q 2020)

National Bank of Canada (TSX:NA) entered into an agreement to acquire 52% stake in Flinks Technology Inc. for CAD 73 million.

Upcoming dividend of CA$0.71 per share

Second quarter 2021 earnings released: EPS CA$2.28 (vs CA$1.01 in 2Q 2020)

National Bank of Canada Declares Dividend for the Quarter Ending July 31, 2021, Payable on August 1, 2021

Independent Director has left the company

Upcoming Dividend of CA$0.71 Per Share

First quarter 2021 earnings released: EPS CA$2.16 (vs CA$1.69 in 1Q 2020)

New 90-day high: €48.60

Executive Vice-President of Operations Nathalie Genereux has left the company

National Bank of Canada Announces the Appointment of Laurent Ferreira as Chief Operating Officer and Director, Effective February 1, 2021

New 90-day high: €47.60

National Bank of Canada to Report Q2, 2021 Results on May 28, 2021

Upcoming Dividend of CA$0.71 Per Share

National Bank of Canada (TSX:NA) agreed to acquire a 20% stake in Credigy Solutions Inc.

Full year 2020 earnings released: EPS CA$5.73

National Bank of Canada, Annual General Meeting, Apr 23, 2021

New 90-day high: €47.40

MGC Capital acquired Credigy Soluções Financeiras LTDA from National Bank of Canada (TSX:NA) and others.

Third quarter earnings released

New 90-day high - €45.40