Brookfield Wealth Solutions Management
Management criteria checks 2/4
Brookfield Wealth Solutions' CEO is Sachin Shah, appointed in May 2021, has a tenure of 3.5 years. total yearly compensation is $12.40M, comprised of 4.5% salary and 95.5% bonuses, including company stock and options. directly owns 0.045% of the company’s shares, worth €4.44M. The average tenure of the management team and the board of directors is 2.9 years and 3 years respectively.
Key information
Sachin Shah
Chief executive officer
US$12.4m
Total compensation
| CEO salary percentage | 4.5% |
| CEO tenure | 3.5yrs |
| CEO ownership | 0.05% |
| Management average tenure | 2.9yrs |
| Board average tenure | 3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$1b |
| Jun 30 2024 | n/a | n/a | US$1b |
| Mar 31 2024 | n/a | n/a | US$1b |
| Dec 31 2023 | US$12m | US$556k | US$796m |
| Sep 30 2023 | n/a | n/a | US$522m |
| Jun 30 2023 | n/a | n/a | US$581m |
| Mar 31 2023 | n/a | n/a | US$245m |
| Dec 31 2022 | US$8m | US$538k | US$499m |
| Sep 30 2022 | n/a | n/a | US$275m |
| Jun 30 2022 | n/a | n/a | US$134m |
| Mar 31 2022 | n/a | n/a | US$109m |
| Dec 31 2021 | US$8m | US$559k | -US$112m |
| Sep 30 2021 | n/a | n/a | US$0 |
| Jun 30 2021 | n/a | n/a | US$7m |
| Mar 31 2021 | n/a | n/a | US$5m |
| Dec 31 2020 | US$5m | US$522k | US$1m |
Compensation vs Market: Sachin's total compensation ($USD12.40M) is above average for companies of similar size in the German market ($USD4.74M).
Compensation vs Earnings: Sachin's compensation has increased by more than 20% in the past year.
CEO
Sachin Shah (47 yo)
3.5yrs
Tenure
US$12,404,377
Compensation
Mr. Sachin G Shah, CPA is Chief Executive Officer of Wealth Solutions of Brookfield Corporation from 2024. He joined the Brookfield Corporation in 2014. He focuses on Renewable Power.He was Chief Executiv...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, Head of Insurance Solutions Business & Director | 3.5yrs | US$12.40m | 0.045% € 4.4m | |
| Chief Financial Officer | 3.6yrs | US$2.04m | 0.0011% € 112.9k | |
| Chief Operating Officer | 2.9yrs | US$1.82m | no data | |
| Chief Investment Officer | 2.3yrs | US$3.04m | no data | |
| Chief Executive Officer of NER SPC & NER Ltd | no data | US$722.51k | no data | |
| Vice Chair of Insurance Solutions business | 3.1yrs | no data | no data | |
| Senior Vice President | 1.8yrs | no data | no data | |
| Managing Director of Portfolio Management | less than a year | no data | no data | |
| Corporate Secretary | no data | no data | no data |
2.9yrs
Average Tenure
47yo
Average Age
Experienced Management: 9JG's management team is considered experienced (2.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, Head of Insurance Solutions Business & Director | 3.5yrs | US$12.40m | 0.045% € 4.4m | |
| Director | 3yrs | US$150.00k | no data | |
| Independent Director | 1.3yrs | US$75.00k | no data | |
| Director | 3yrs | no data | 0.43% € 42.5m | |
| Independent Director | 3.9yrs | US$160.00k | no data | |
| Chairman | 1.3yrs | no data | 0.048% € 4.7m | |
| Independent Director | 3.5yrs | US$160.00k | 0.00084% € 82.4k | |
| Independent Director | 3yrs | US$150.00k | no data | |
| Independent Director | 3yrs | US$170.00k | no data | |
| Lead Independent Director | 3.5yrs | US$210.00k | 0.0035% € 340.6k |
3.0yrs
Average Tenure
63.5yo
Average Age
Experienced Board: 9JG's board of directors are considered experienced (3 years average tenure).