Intact Financial Management

Management criteria checks 3/4

Intact Financial's CEO is Charles J. Brindamour, appointed in Jan 2008, has a tenure of 15.25 years. total yearly compensation is CA$12.42M, comprised of 10.5% salary and 89.5% bonuses, including company stock and options. directly owns 0.2% of the company’s shares, worth MX$946.71M. The average tenure of the management team and the board of directors is 6.9 years and 4.9 years respectively.

Key information

Charles J. Brindamour

Chief executive officer

CA$12.4m

Total compensation

CEO salary percentage	10.5%
CEO tenure	15.3yrs
CEO ownership	0.2%
Management average tenure	6.9yrs
Board average tenure	4.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Charles J. Brindamour's remuneration changed compared to Intact Financial's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2022	CA$12m	CA$1m	CA$2b
Sep 30 2022	n/a	n/a	CA$3b
Jun 30 2022	n/a	n/a	CA$3b
Mar 31 2022	n/a	n/a	CA$2b
Dec 31 2021	CA$21m	CA$1m	CA$2b
Sep 30 2021	n/a	n/a	CA$2b
Jun 30 2021	n/a	n/a	CA$2b
Mar 31 2021	n/a	n/a	CA$1b
Dec 31 2020	CA$10m	CA$1m	CA$1b
Sep 30 2020	n/a	n/a	CA$894m
Jun 30 2020	n/a	n/a	CA$748m
Mar 31 2020	n/a	n/a	CA$656m
Dec 31 2019	CA$9m	CA$1m	CA$709m
Sep 30 2019	n/a	n/a	CA$713m
Jun 30 2019	n/a	n/a	CA$724m
Mar 31 2019	n/a	n/a	CA$720m
Dec 31 2018	CA$9m	CA$1m	CA$667m
Sep 30 2018	n/a	n/a	CA$656m
Jun 30 2018	n/a	n/a	CA$633m
Mar 31 2018	n/a	n/a	CA$719m
Dec 31 2017	CA$8m	CA$1m	CA$765m
Sep 30 2017	n/a	n/a	CA$710m
Jun 30 2017	n/a	n/a	CA$666m
Mar 31 2017	n/a	n/a	CA$515m
Dec 31 2016	CA$7m	CA$1m	CA$521m

Compensation vs Market: Charles J.'s total compensation ($USD9.14M) is above average for companies of similar size in the MX market ($USD5.70M).

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

CEO

Charles J. Brindamour (52 yo)

15.3yrs

Tenure

CA$12,419,736

Compensation

Mr. Charles J. G. Brindamour, B.Sc., serves as an Independent Director at Canadian Imperial Bank of Commerce since February 1, 2020. He joined Canadian Imperial Bank of Commerce in 2020. He has been the Ch...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Charles J. Brindamour	CEO & Director	15.3yrs	CA$12.42m	0.20% CA$ 946.7m
Louis Gagnon	Chief Executive Officer of Canada	9.3yrs	CA$4.52m	0.054% CA$ 254.5m
Timothy Miller	Chief Executive Officer of Global Specialty Lines	5.6yrs	CA$8.12m	0.073% CA$ 345.5m
Kenneth Norgrove	RSA Chief Executive Officer of UK & International	no data	CA$6.13m	0% CA$ 0
Patrick Barbeau	Executive VP & COO	1.9yrs	no data	0.0077% CA$ 36.7m
David Tremblay	Deputy Senior VP & Chief Investment Officer of Intact Investment Management Inc	9.3yrs	no data	no data
Shubha Khan	Vice President of Investor Relations	no data	no data	no data
Frederic Cotnoir	Executive VP	6.9yrs	no data	0.0081% CA$ 38.7m
Anne Fortin	Executive VP of Direct Distribution and Chief Marketing & Communications Officer	10.3yrs	no data	0.0053% CA$ 25.1m
Carla Smith	Executive VP and Chief Human Resources	1.8yrs	no data	0.0057% CA$ 27.0m
Debbie Coull-Cicchini	Executive Vice President of Intact Insurance	5.3yrs	no data	0.013% CA$ 59.6m
Kenneth Anderson	Executive Vice President & CFO of UK and International	no data	no data	0.0079% CA$ 37.5m

6.9yrs

Average Tenure

53yo

Average Age

Experienced Management: IFC N's management team is seasoned and experienced (6.9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Charles J. Brindamour	CEO & Director	15.3yrs	CA$12.42m	0.20% CA$ 946.7m
William Young	Independent Chairman	4.9yrs	CA$425.19k	0.0048% CA$ 23.0m
Indira Samarasekera	Independent Director	1.9yrs	CA$261.88k	no data
Sylvie Paquette	Independent Director	5.9yrs	CA$251.00k	0.0011% CA$ 5.4m
Mark Hodges	Chairman of the RSA UK & International Board	no data	no data	no data
Emmanuel Clarke de Dromantin	Independent Director	1.8yrs	CA$294.11k	0.0011% CA$ 5.2m
Robert Leary	Independent Director	7.9yrs	CA$635.81k	0.0015% CA$ 7.2m
Frederick G. Singer	Independent Director	9.9yrs	CA$308.76k	0.0014% CA$ 6.5m
Carolyn Wilkins	Independent Director	2.2yrs	CA$251.00k	no data
Janet De Silva	Independent Director	9.9yrs	CA$251.00k	0.0033% CA$ 15.5m
Jane Kinney	Independent Director	3.9yrs	CA$268.00k	0.00046% CA$ 2.2m
Stuart Russell	Independent Director	2.9yrs	CA$294.11k	0.0017% CA$ 8.2m

4.9yrs

Average Tenure

60yo

Average Age

Experienced Board: IFC N's board of directors are considered experienced (4.9 years average tenure).

Intact Financial Management

Management criteria checks 3/4

Key information

Recent management updates

Intact Financial Corporation, Annual General Meeting, May 08, 2024

Intact Financial Corporation Appoints Anne Fortin as President, Intact Insurance, Effective January 1, 2024

Intact Financial Corporation, Annual General Meeting, May 11, 2023

Intact Financial Corporation Appoints Michael Katchen to Its Board of Directors Effective July 25, 2022

Intact Financial Corporation Appoints Stephani Kingsmill as Director

Intact Financial Corporation Announces Board Changes

Recent updates

Intact Financial Corporation announced that it expects to receive CAD 300 million in funding

Intact Financial Corporation Approves Quarterly Dividend on the Company's Outstanding Common Shares, Payable on June 28, 2024

Intact Financial Corporation to Report Q1, 2024 Results on May 07, 2024

Intact Financial Corporation, Annual General Meeting, May 08, 2024

Intact Financial Corporation Approves Quarterly Dividend, Payable on March 29, 2024

Intact Financial Corporation to Report Q4, 2023 Results on Feb 13, 2024

Intact Financial Corporation Appoints Anne Fortin as President, Intact Insurance, Effective January 1, 2024

Intact Financial Corporation Approves the Quarterly Dividend, Payable on December 29, 2023

Intact Financial Corporation to Report Q3, 2023 Results on Nov 07, 2023

Intact Financial Corporation announced that it has received CAD 400 million in funding

Intact Financial Corporation has completed a Follow-on Equity Offering in the amount of CAD 500.1416 million.

Intact Financial Corporation Estimates Catastrophe Losses Incurred to Date in the Third Quarter of 2023 from Wildfires and Other Weather Events

Intact Financial Corporation Approves Quarterly Dividend, Payable on September 29, 2023

Intact Financial Corporation to Report Q2, 2023 Results on Aug 02, 2023

Intact Financial Corporation Announces Estimated Catastrophe Loss for the Second Quarter of 2023

Intact Financial Corporation Announces Estimated Catastrophe Loss for the Second Quarter of 2023

Intact Financial Corporation Approves Quarterly Dividend, Payable on June 30, 2023

Intact Financial Corporation, Annual General Meeting, May 11, 2023

Full year 2022 earnings released: EPS: CA$13.80 (vs CA$12.40 in FY 2021)

Intact Financial Corporation Approves Quarterly Dividend

Intact Financial Corporation to Report Q4, 2022 Results on Feb 07, 2023

Intact Financial Corporation Provides Earnings Guidance for the Fourth Quarter of 2022

Intact Financial Corporation Approves Quarterly Dividend, Payable on December 30, 2022

Intact Financial Corporation to Report Q3, 2022 Results on Nov 08, 2022

Intact Financial Corporation Approves the Quarterly Dividend , Payable on September 30, 2022

Intact Financial Corporation Appoints Michael Katchen to Its Board of Directors Effective July 25, 2022

Intact Financial Corporation to Report Q2, 2022 Results on Jul 28, 2022

Intact Financial Corporation Appoints Stephani Kingsmill as Director

Intact Financial Corporation Approves Quarterly Dividend on Common Shares, Payable on June 30, 2022

Intact Financial Corporation Announces First Quarter Catastrophe Loss Estimate

Intact Financial Corporation Announces Board Changes

Upcoming dividend of CA$1.00 per share

Intact Financial Corporation, Annual General Meeting, May 11, 2022

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age