Great-West Lifeco Inc.

DB:GWS Stock Report

Market Cap: €29.3b

Great-West Lifeco Management

Management criteria checks 2/4

Great-West Lifeco's CEO is Paul Mahon, appointed in May 2013, has a tenure of 11.58 years. total yearly compensation is CA$11.10M, comprised of 11.4% salary and 88.6% bonuses, including company stock and options. directly owns 0.031% of the company’s shares, worth €9.15M. The average tenure of the management team and the board of directors is 1.8 years and 11 years respectively.

Key information

Paul Mahon

Chief executive officer

CA$11.1m

Total compensation

CEO salary percentage11.4%
CEO tenure11.6yrs
CEO ownership0.03%
Management average tenure1.8yrs
Board average tenure11yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Paul Mahon's remuneration changed compared to Great-West Lifeco's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

CA$4b

Jun 30 2024n/an/a

CA$4b

Mar 31 2024n/an/a

CA$3b

Dec 31 2023CA$11mCA$1m

CA$3b

Sep 30 2023n/an/a

CA$3b

Jun 30 2023n/an/a

CA$3b

Mar 31 2023n/an/a

CA$3b

Dec 31 2022CA$10mCA$1m

CA$4b

Sep 30 2022n/an/a

CA$4b

Jun 30 2022n/an/a

CA$4b

Mar 31 2022n/an/a

CA$4b

Dec 31 2021CA$9mCA$1m

CA$3b

Sep 30 2021n/an/a

CA$3b

Jun 30 2021n/an/a

CA$3b

Mar 31 2021n/an/a

CA$3b

Dec 31 2020CA$8mCA$1m

CA$3b

Sep 30 2020n/an/a

CA$3b

Jun 30 2020n/an/a

CA$2b

Mar 31 2020n/an/a

CA$2b

Dec 31 2019CA$8mCA$1m

CA$2b

Sep 30 2019n/an/a

CA$3b

Jun 30 2019n/an/a

CA$3b

Mar 31 2019n/an/a

CA$3b

Dec 31 2018CA$7mCA$1m

CA$3b

Sep 30 2018n/an/a

CA$3b

Jun 30 2018n/an/a

CA$3b

Mar 31 2018n/an/a

CA$2b

Dec 31 2017CA$8mCA$1m

CA$2b

Compensation vs Market: Paul's total compensation ($USD7.73M) is above average for companies of similar size in the German market ($USD4.86M).

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

CEO

Paul Mahon (60 yo)

11.6yrs

Tenure

CA$11,101,889

Compensation

Mr. Paul Anthony Mahon has been the Chief Executive Officer and President of London Life Insurance Company, Canada Life Financial Corporation, Great-West Lifeco Inc. and Canada Life Limited since May 3, 20...

Leadership Team

NamePositionTenureCompensationOwnership
Paul Mahon
President11.6yrsCA$11.10m0.031%
€ 9.1m
Edmund Murphy
President & CEO of Empower10.3yrsCA$10.74mno data
Jon Nielsen
Executive VP & Chief Financial Officerless than a yearno data0.000010%
€ 2.9k
David Harney
President4.8yrsno data0.00021%
€ 61.5k
Andrew Conrad
Senior Vice President of Corporate Finance & Treasuryno datano datano data
Michael Dibden
Executive VP & Chief Information Officerless than a yearno datano data
Shubha Khan
SVP & Head of Investor Relationsless than a yearno datano data
Sharon Geraghty
Executive VP & General Counsel6.9yrsCA$3.51mno data
Amy Metzger
Senior VP & Chief Compliance Officerless than a yearno datano data
David Simmonds
Senior VP & Chief Marketing and Communications Officer2.9yrsno datano data
Colleen Bailey Moffitt
Executive VP & Chief Human Resources Officerless than a yearno datano data
Dervla Tomlin
Executive VP & Chief Risk Officer1.8yrsno data0.0014%
€ 407.2k

1.8yrs

Average Tenure

57.5yo

Average Age

Experienced Management: GWS's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Paul Mahon
President11.3yrsCA$11.10m0.031%
€ 9.1m
Robert Reynolds
President & CEO of Putnam Investments LLC and Chair of Great West Lifeco U.S. LLC5.8yrsno datano data
Marcel Coutu
Independent Director17.6yrsCA$426.88k0.0011%
€ 313.5k
Andre Desmarais
Director32.7yrsCA$418.13k0.038%
€ 11.0m
Siim Vanaselja
Independent Director10.6yrsCA$641.04k0.0027%
€ 785.1k
Brian Walsh
Independent Director15.6yrsCA$593.92kno data
Paul Desmarais
Director38.6yrsCA$308.51k0.011%
€ 3.1m
Robert Orr
Chairman of the Board22.4yrsCA$538.13k0.0022%
€ 629.8k
Susan McArthur
Independent Director9.6yrsCA$589.53k0.00011%
€ 32.2k
Thomas Ryan
Independent Director10.6yrsCA$563.61kno data
Claude Genereux
Director9.6yrsCA$447.50k0.00013%
€ 38.1k
Paula Madoff
Independent Director6.6yrsCA$621.69kno data

11.0yrs

Average Tenure

67yo

Average Age

Experienced Board: GWS's board of directors are seasoned and experienced ( 11 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 19:08
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

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Analyst Sources

Great-West Lifeco Inc. is covered by 22 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
John AikenBarclays
Alex ScottBarclays
Tom MacKinnonBMO Capital Markets Equity Research