iA Financial Corporation Inc.

BMV:IAG1 N Stock Report

Market Cap: Mex$124.7b

iA Financial Management

Management criteria checks 3/4

iA Financial's CEO is Denis Ricard, appointed in Sep 2018, has a tenure of 4.58 years. total yearly compensation is CA$5.23M, comprised of 18.8% salary and 81.2% bonuses, including company stock and options. directly owns 0.042% of the company’s shares, worth MX$52.97M. The average tenure of the management team and the board of directors is 4.6 years and 4.3 years respectively.

Key information

Denis Ricard

Chief executive officer

CA$5.2m

Total compensation

CEO salary percentage18.8%
CEO tenure4.6yrs
CEO ownership0.04%
Management average tenure4.6yrs
Board average tenure4.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Denis Ricard's remuneration changed compared to iA Financial's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2022CA$5mCA$980k

CA$817m

Sep 30 2022n/an/a

CA$797m

Jun 30 2022n/an/a

CA$799m

Mar 31 2022n/an/a

CA$808m

Dec 31 2021CA$6mCA$950k

CA$830m

Sep 30 2021n/an/a

CA$793m

Jun 30 2021n/an/a

CA$793m

Mar 31 2021n/an/a

CA$743m

Dec 31 2020CA$7mCA$950k

CA$611m

Sep 30 2020n/an/a

CA$610m

Jun 30 2020n/an/a

CA$577m

Mar 31 2020n/an/a

CA$577m

Dec 31 2019CA$6mCA$843k

CA$687m

Sep 30 2019n/an/a

CA$667m

Jun 30 2019n/an/a

CA$648m

Mar 31 2019n/an/a

CA$625m

Dec 31 2018CA$4mCA$671k

CA$613m

Sep 30 2018n/an/a

CA$594m

Jun 30 2018n/an/a

CA$574m

Mar 31 2018n/an/a

CA$544m

Dec 31 2017CA$2mCA$474k

CA$515m

Sep 30 2017n/an/a

CA$538m

Jun 30 2017n/an/a

CA$537m

Mar 31 2017n/an/a

CA$549m

Dec 31 2016CA$2mCA$446k

CA$537m

Compensation vs Market: Denis's total compensation ($USD3.86M) is above average for companies of similar size in the MX market ($USD2.75M).

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


CEO

Denis Ricard (60 yo)

4.6yrs

Tenure

CA$5,226,446

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

NamePositionTenureCompensationOwnership
Denis Ricard
CEO, President & Director4.6yrsCA$5.23m0.042%
CA$ 53.0m
Jacques Potvin
Executive VP5.2yrsCA$2.81m0.0070%
CA$ 8.8m
Alain Bergeron
Executive VP & Chief Investment Officer3.6yrsCA$2.60mno data
Michael Stickney
Executive VP & Chief Growth Officer24.3yrsCA$2.49m0.047%
CA$ 58.0m
Pierre Miron
Executive VP & Chief Transformation Officer4.6yrsCA$2.41m0.0047%
CA$ 5.9m
Manon Gauthier
Senior Vice-President of Administrationno datano datano data
Marie-Annick Bonneau
Head of Investor Relations4yrsno datano data
Pierre Picard
Manager of Public Relationsno datano datano data
Lilia Sham
Executive Vice President of Corporate Strategy & Development3.9yrsno data0.0024%
CA$ 3.0m
Gary Coles
Senior Vice President of Administration & Group Insuranceno datano datano data
Paul Grimes
Senior VP of Distribution Independent Advisor Network Individual Insurance18.3yrsno datano data
Alnoor Jiwani
Senior Vice President of Business Development & Finance Dealer Servicesno datano datano data

4.6yrs

Average Tenure

Experienced Management: IAG1 N's management team is considered experienced (4.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Denis Ricard
CEO, President & Director4.6yrsCA$5.23m0.042%
CA$ 53.0m
Monique Mercier
Independent Director3.9yrsCA$179.50k0.0022%
CA$ 2.7m
Marc Poulin
Independent Director4.9yrsCA$187.50k0.0043%
CA$ 5.4m
William Chinery
Independent Director1.9yrsCA$157.50kno data
Danielle Morin
Independent Director8.9yrsCA$199.50k0.0053%
CA$ 6.7m
Ginette Maille
Independent Director3.8yrsCA$164.50kno data
Benoit Daignault
Independent Director3.9yrsCA$172.50k0.0014%
CA$ 1.8m
Suzanne Rancourt
Independent Director1.9yrsCA$184.50k0.0033%
CA$ 4.1m
Nicolas Darveau-Garneau
Independent Director4.9yrsCA$211.30kno data
Jacques Martin
Independent Chairman12.3yrsCA$430.74k0.0097%
CA$ 12.0m
Emma Griffin
Independent Director6.9yrsCA$190.50k0.00054%
CA$ 673.3k
Mario Albert
Independent Director2.4yrsCA$179.50kno data

4.3yrs

Average Tenure

61.5yo

Average Age

Experienced Board: IAG1 N's board of directors are considered experienced (4.3 years average tenure).


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