IGM Financial Inc.

DB:C7G Stock Report

Market Cap: €7.3b

IGM Financial Management

Management criteria checks 3/4

IGM Financial's CEO is James O’Sullivan, appointed in Sep 2020, has a tenure of 4.17 years. total yearly compensation is CA$7.42M, comprised of 16.2% salary and 83.8% bonuses, including company stock and options. directly owns 0.019% of the company’s shares, worth €1.36M. The average tenure of the management team and the board of directors is 2.6 years and 10 years respectively.

Key information

James O’Sullivan

Chief executive officer

CA$7.4m

Total compensation

CEO salary percentage16.2%
CEO tenure4.2yrs
CEO ownership0.02%
Management average tenure2.6yrs
Board average tenure10yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has James O’Sullivan's remuneration changed compared to IGM Financial's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

CA$879m

Jun 30 2024n/an/a

CA$851m

Mar 31 2024n/an/a

CA$771m

Dec 31 2023CA$7mCA$1m

CA$926m

Sep 30 2023n/an/a

CA$947m

Jun 30 2023n/an/a

CA$951m

Mar 31 2023n/an/a

CA$1b

Dec 31 2022CA$7mCA$1m

CA$856m

Sep 30 2022n/an/a

CA$903m

Jun 30 2022n/an/a

CA$959m

Mar 31 2022n/an/a

CA$992m

Dec 31 2021CA$6mCA$1m

CA$979m

Sep 30 2021n/an/a

CA$939m

Jun 30 2021n/an/a

CA$860m

Mar 31 2021n/an/a

CA$806m

Dec 31 2020CA$4mCA$359k

CA$764m

Compensation vs Market: James's total compensation ($USD5.27M) is above average for companies of similar size in the German market ($USD3.50M).

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

CEO

James O’Sullivan (61 yo)

4.2yrs

Tenure

CA$7,420,868

Compensation

Mr. James P. O’Sullivan is Director of The Canada Life Assurance Company from 2024. Mr. O’Sullivan serves as Director of Great-West Lifeco Inc. since May 02, 2024. He served as the Strategic Advisor of Ban...

Leadership Team

NamePositionTenureCompensationOwnership
James O’Sullivan
President4.2yrsCA$7.42m0.019%
€ 1.4m
Keith David Potter
Executive VP & CFO2.3yrsCA$1.56m0.0021%
€ 151.4k
Damon Murchison
President & CEO of IG Wealth Management4.2yrsCA$5.40m0.0032%
€ 235.1k
Luke Gould
President & CEO of Mackenzie Investments2.3yrsCA$4.00mno data
Nancy McCuaig
Executive VP & COOless than a yearno data0.0010%
€ 72.8k
Sam Burns
Executive VP & Chief Information Officerless than a yearno data0.0025%
€ 180.5k
Rhonda Goldberg
Executive VP & General Counselno datano data0.0030%
€ 217.6k
Douglas Gordon Milne
Executive VP & Chief Marketing Officerno datano data0.0024%
€ 171.7k
Cynthia Currie
Executive VP & Chief Human Resources Officer6.2yrsno datano data
Kristin Ashcroft
Executive Vice-President of Products & Solutions for Mackenzie Investments2.7yrsno datano data
Herpreet Lamba
Senior Vice President Financial Servicesno datano data0.0057%
€ 414.1k
Kelly Hepher
Executive VP & Chief Risk Officer2.6yrsno datano data

2.6yrs

Average Tenure

Experienced Management: C7G's management team is considered experienced (2.6 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
James O’Sullivan
President4.2yrsCA$7.42m0.019%
€ 1.4m
Marcel Coutu
Independent Corporate Director10.5yrsCA$160.00k0.00038%
€ 27.7k
Andre Desmarais
Independent Director32.6yrsCA$167.50kno data
Paul Desmarais
Independent Director41.2yrsCA$157.50kno data
Marc Bibeau
Independent Director15.5yrsCA$228.00kno data
John McCallum
Independent Director26.6yrsCA$285.50k0.00042%
€ 30.6k
Robert Orr
Independent Chairman of the Board23.6yrsCA$292.50k0.051%
€ 3.7m
Christopher Reynolds
Executive Chair of Investment Planning Counsel Inc.3.8yrsno datano data
Elizabeth Wilson
Independent Director6.5yrsCA$197.50kno data
Claude Genereux
Independent Director9.5yrsCA$190.00k0.0025%
€ 184.1k
Sharon Hodgson
Independent Director9.4yrsCA$226.50kno data
Gary Doer
Independent Director8.5yrsCA$157.50kno data

10.0yrs

Average Tenure

65yo

Average Age

Experienced Board: C7G's board of directors are seasoned and experienced ( 10 years average tenure).