iA Financial Management
Management criteria checks 3/4
iA Financial's CEO is Denis Ricard, appointed in Sep 2018, has a tenure of 5.58 years. total yearly compensation is CA$6.10M, comprised of 16.7% salary and 83.3% bonuses, including company stock and options. directly owns 0.049% of the company’s shares, worth €2.78M. The average tenure of the management team and the board of directors is 5.6 years and 5.3 years respectively.
Key information
Denis Ricard
Chief executive officer
CA$6.1m
Total compensation
CEO salary percentage | 16.7% |
CEO tenure | 5.6yrs |
CEO ownership | 0.05% |
Management average tenure | 5.6yrs |
Board average tenure | 5.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Dec 31 2023 | CA$6m | CA$1m | CA$769m |
Sep 30 2023 | n/a | n/a | CA$1b |
Jun 30 2023 | n/a | n/a | CA$1b |
Mar 31 2023 | n/a | n/a | CA$1b |
Dec 31 2022 | CA$5m | CA$980k | CA$309m |
Sep 30 2022 | n/a | n/a | CA$337m |
Jun 30 2022 | n/a | n/a | CA$553m |
Mar 31 2022 | n/a | n/a | CA$632m |
Dec 31 2021 | CA$6m | CA$950k | CA$830m |
Sep 30 2021 | n/a | n/a | CA$793m |
Jun 30 2021 | n/a | n/a | CA$793m |
Mar 31 2021 | n/a | n/a | CA$743m |
Dec 31 2020 | CA$7m | CA$950k | CA$611m |
Sep 30 2020 | n/a | n/a | CA$610m |
Jun 30 2020 | n/a | n/a | CA$577m |
Mar 31 2020 | n/a | n/a | CA$577m |
Dec 31 2019 | CA$6m | CA$843k | CA$687m |
Sep 30 2019 | n/a | n/a | CA$667m |
Jun 30 2019 | n/a | n/a | CA$648m |
Mar 31 2019 | n/a | n/a | CA$625m |
Dec 31 2018 | CA$4m | CA$671k | CA$613m |
Sep 30 2018 | n/a | n/a | CA$594m |
Jun 30 2018 | n/a | n/a | CA$574m |
Mar 31 2018 | n/a | n/a | CA$544m |
Dec 31 2017 | CA$2m | CA$474k | CA$515m |
Compensation vs Market: Denis's total compensation ($USD4.46M) is above average for companies of similar size in the German market ($USD3.42M).
Compensation vs Earnings: Denis's compensation has been consistent with company performance over the past year.
CEO
Denis Ricard (61 yo)
5.6yrs
Tenure
CA$6,099,634
Compensation
Mr. Denis Yves Ricard is Chief Executive Officer, President & Director of iA Financial Corporation Inc. from September 01, 2018. He joined the iA Financial Corporation Inc. in June 1985. He was Chief Opera...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
CEO, President & Director | 5.6yrs | CA$6.10m | 0.049% CA$ 2.8m | |
Executive VP | less than a year | CA$1.40m | 0.0074% CA$ 416.7k | |
Executive VP & Chief Investment Officer | 4.6yrs | CA$2.71m | no data | |
Executive VP | 25.3yrs | CA$2.96m | 0.043% CA$ 2.4m | |
Executive VP & Chief Growth Officer Canadian Operations | 5.6yrs | CA$2.61m | 0.0050% CA$ 283.4k | |
Senior Vice-President of Administration | no data | no data | no data | |
Head of Investor Relations | 5yrs | no data | no data | |
Manager of Public Relations | no data | no data | no data | |
Senior Vice President of Administration & Group Insurance | no data | no data | no data | |
Senior VP of Distribution Independent Advisor Network Individual Insurance | 19.3yrs | no data | no data | |
Senior Vice President of Business Development & Finance Dealer Services | no data | no data | no data | |
Executive Vice President of Individual Insurance | 8.8yrs | CA$2.01m | 0.012% CA$ 656.1k |
5.6yrs
Average Tenure
61yo
Average Age
Experienced Management: 1OD's management team is seasoned and experienced (5.6 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
CEO, President & Director | 5.6yrs | CA$6.10m | 0.049% CA$ 2.8m | |
Independent Director | 4.9yrs | CA$187.50k | 0.000020% CA$ 1.1k | |
Independent Director | 5.9yrs | CA$187.50k | 0.0036% CA$ 202.7k | |
Independent Director | 2.9yrs | CA$167.50k | no data | |
Independent Director | 9.9yrs | CA$207.50k | 0.0057% CA$ 320.1k | |
Independent Director | 4.8yrs | CA$172.50k | no data | |
Independent Director | 4.9yrs | CA$182.50k | 0.0015% CA$ 86.9k | |
Independent Director | 2.8yrs | CA$266.94k | no data | |
Independent Director | 2.9yrs | CA$192.50k | 0.0035% CA$ 196.5k | |
Independent Director | 5.9yrs | CA$230.18k | no data | |
Independent Chairman | 13.3yrs | CA$458.41k | 0.011% CA$ 636.3k | |
Independent Director | 7.9yrs | CA$202.00k | 0.00057% CA$ 32.2k |
5.3yrs
Average Tenure
62.5yo
Average Age
Experienced Board: 1OD's board of directors are considered experienced (5.3 years average tenure).