CI Financial Management
Management criteria checks 3/4
CI Financial's CEO is Kurt MacAlpine, appointed in Sep 2019, has a tenure of 4.58 years. total yearly compensation is CA$7.33M, comprised of 16.6% salary and 83.4% bonuses, including company stock and options. directly owns 0.34% of the company’s shares, worth €5.51M. The average tenure of the management team and the board of directors is 3.4 years and 5.8 years respectively.
Key information
Kurt MacAlpine
Chief executive officer
CA$7.3m
Total compensation
| CEO salary percentage | 16.6% |
| CEO tenure | 4.6yrs |
| CEO ownership | 0.3% |
| Management average tenure | 3.4yrs |
| Board average tenure | 5.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | CA$5m |
| Sep 30 2023 | n/a | n/a | CA$59m |
| Jun 30 2023 | n/a | n/a | CA$86m |
| Mar 31 2023 | n/a | n/a | CA$192m |
| Dec 31 2022 | CA$7m | CA$1m | CA$300m |
| Sep 30 2022 | n/a | n/a | CA$433m |
| Jun 30 2022 | n/a | n/a | CA$462m |
| Mar 31 2022 | n/a | n/a | CA$423m |
| Dec 31 2021 | CA$11m | CA$1m | CA$409m |
| Sep 30 2021 | n/a | n/a | CA$391m |
| Jun 30 2021 | n/a | n/a | CA$477m |
| Mar 31 2021 | n/a | n/a | CA$480m |
| Dec 31 2020 | CA$6m | CA$800k | CA$476m |
| Sep 30 2020 | n/a | n/a | CA$519m |
| Jun 30 2020 | n/a | n/a | CA$527m |
| Mar 31 2020 | n/a | n/a | CA$519m |
| Dec 31 2019 | CA$5m | CA$267k | CA$538m |
Compensation vs Market: Kurt's total compensation ($USD5.36M) is above average for companies of similar size in the German market ($USD1.62M).
Compensation vs Earnings: Kurt's compensation has been consistent with company performance over the past year.
CEO
Kurt MacAlpine (40 yo)
4.6yrs
Tenure
CA$7,328,854
Compensation
Mr. Kurt MacAlpine is Chief Executive Officer of Corient Private Wealth LLC from March 2022. He serves as CEO & Director at CI Financial Corp. (formerly known as CI Financial Income Fund) since September 1...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 4.6yrs | CA$7.33m | 0.34% CA$ 5.5m | |
| President | 5.6yrs | CA$1.61m | 0.075% CA$ 1.2m | |
| Executive VP & CFO | 2.9yrs | CA$1.62m | 0.037% CA$ 602.2k | |
| Executive VP | 1.3yrs | CA$2.60m | 0.020% CA$ 330.2k | |
| Executive VP & Chief Marketing Officer | no data | CA$1.32m | 0.025% CA$ 398.9k | |
| Vice President of Investor Relations & Strategy | no data | no data | no data | |
| Executive VP & Chief Legal Officer | 5.2yrs | CA$1.16m | 0.018% CA$ 296.7k | |
| Vice President of Communications | no data | no data | no data | |
| Executive VP & Chief Human Resources Officer | 1.8yrs | no data | 0.0030% CA$ 48.3k | |
| Chief Risk Officer | 3.4yrs | no data | 0.020% CA$ 318.6k | |
| Corporate Secretary | no data | no data | no data | |
| Senior Vice President of CI Investments Inc | no data | no data | no data |
3.4yrs
Average Tenure
Experienced Management: CF7's management team is considered experienced (3.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 4.6yrs | CA$7.33m | 0.34% CA$ 5.5m | |
| Independent Director | 10.5yrs | CA$185.00k | 0.0092% CA$ 148.8k | |
| Chairman of the Board | 30.3yrs | CA$250.00k | 7.43% CA$ 120.7m | |
| Independent Director | 2.2yrs | CA$151.11k | 0.017% CA$ 275.6k | |
| Independent Director | 5.8yrs | CA$170.00k | 0.26% CA$ 4.2m | |
| Independent Director | 5.1yrs | CA$180.00k | 0.17% CA$ 2.8m | |
| Independent Director | 5.8yrs | CA$170.00k | 0.32% CA$ 5.2m |
5.8yrs
Average Tenure
60yo
Average Age
Experienced Board: CF7's board of directors are considered experienced (5.8 years average tenure).