Bank of Montreal Management
Management criteria checks 4/4
Bank of Montreal's CEO is William White, appointed in Nov 2017, has a tenure of 6.5 years. total yearly compensation is CA$12.54M, comprised of 8.8% salary and 91.2% bonuses, including company stock and options. directly owns 0.006% of the company’s shares, worth $4.40M. The average tenure of the management team and the board of directors is 5.3 years and 8.1 years respectively.
Key information
William White
Chief executive officer
CA$12.5m
Total compensation
CEO salary percentage | 8.8% |
CEO tenure | 6.5yrs |
CEO ownership | 0.006% |
Management average tenure | 5.3yrs |
Board average tenure | 8.1yrs |
Recent management updates
Recent updates
Bank Of Montreal Q1: Higher Provision For Credit Losses And Rate Uncertainty Could Limit Growth
Feb 28Bank of Montreal: Upgrade To Buy, +5% Dividend Yield And Attractive Valuation
Dec 04Bank of Montreal: Drop In Trading Revenues Place Pressure On Growth
Oct 14Bank of Montreal's 5% Yield: Value Opportunity?
Sep 29Bank of Montreal: Its Direction Shows Promise
Aug 31Bank of Montreal: Overvalued But Nice 4.5% Dividend Yield And Growth From Recent Takeover
Aug 02Bank of Montreal: Non-Interest Income Headwinds Remain
May 28Bank of Montreal implements fourth wage increase in two years
Feb 06Bank of Montreal announces C$650M institutional NVCC preferred stock offering
Jan 24Bank of Montreal gets regulatory approval to acquire Bank of the West
Jan 18Bank of Montreal, Extend add new payments functionality to BMO corporate cards
Dec 07Bank of Montreal raises $750M through subordinated note issue
Oct 21Bank Of Montreal: Not A Bad Time To Accumulate Shares
Sep 24BMO Capital Markets reportedly cuts staff in wake of weakness in division
Sep 15CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Jan 31 2024 | n/a | n/a | CA$5b |
Oct 31 2023 | CA$13m | CA$1m | CA$4b |
Jul 31 2023 | n/a | n/a | CA$7b |
Apr 30 2023 | n/a | n/a | CA$7b |
Jan 31 2023 | n/a | n/a | CA$11b |
Oct 31 2022 | CA$14m | CA$1m | CA$13b |
Jul 31 2022 | n/a | n/a | CA$11b |
Apr 30 2022 | n/a | n/a | CA$12b |
Jan 31 2022 | n/a | n/a | CA$8b |
Oct 31 2021 | CA$15m | CA$1m | CA$8b |
Jul 31 2021 | n/a | n/a | CA$7b |
Apr 30 2021 | n/a | n/a | CA$6b |
Jan 31 2021 | n/a | n/a | CA$5b |
Oct 31 2020 | CA$11m | CA$1m | CA$5b |
Jul 31 2020 | n/a | n/a | CA$4b |
Apr 30 2020 | n/a | n/a | CA$5b |
Jan 31 2020 | n/a | n/a | CA$6b |
Oct 31 2019 | CA$11m | CA$1m | CA$6b |
Jul 31 2019 | n/a | n/a | CA$6b |
Apr 30 2019 | n/a | n/a | CA$6b |
Jan 31 2019 | n/a | n/a | CA$6b |
Oct 31 2018 | CA$10m | CA$1m | CA$5b |
Jul 31 2018 | n/a | n/a | CA$5b |
Apr 30 2018 | n/a | n/a | CA$5b |
Jan 31 2018 | n/a | n/a | CA$5b |
Oct 31 2017 | CA$8m | CA$750k | CA$5b |
Compensation vs Market: William's total compensation ($USD9.21M) is below average for companies of similar size in the US market ($USD13.58M).
Compensation vs Earnings: William's compensation has been consistent with company performance over the past year.
CEO
William White (51 yo)
6.5yrs
Tenure
CA$12,537,786
Compensation
Mr. William Darryl White is Chief Executive Officer of Bank of Montreal in November 1, 2017. He serves as a Director of Bank of Montreal since May 24, 2017, as well as its U.S. subsidiary, BMO Financial Co...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
CEO & Director | 6.5yrs | CA$12.54m | 0.0063% CA$ 4.4m | |
Chief Financial Officer | 3.3yrs | CA$3.93m | no data | |
Chief Technology & Operations Officer | 5.5yrs | CA$4.77m | 0.0035% CA$ 2.4m | |
Group Head of North American Personal & Business Banking | 6.3yrs | CA$5.32m | 0.0023% CA$ 1.6m | |
Head of Investor Relations | no data | no data | no data | |
General Counsel | 3.3yrs | no data | 0.00083% CA$ 576.5k | |
Chief Communications & Social Impact Officer | 2.8yrs | no data | no data | |
Chief Marketing Officer | no data | no data | no data | |
Chief Human Resources Officer and Head of People | 5yrs | no data | 0.00029% CA$ 201.4k | |
Head of Business Tech. Integration & Interim Head of Ent. Initiatives | 5yrs | no data | no data | |
Senior VP and Regional Head of BC & Yukon | 10.3yrs | no data | no data | |
Head of Distribution of U.S. Personal & Business Banking - BMO Harris Bank | 8.5yrs | no data | no data |
5.3yrs
Average Tenure
Experienced Management: BMO's management team is seasoned and experienced (5.3 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
CEO & Director | 7yrs | CA$12.54m | 0.0063% CA$ 4.4m | |
Independent Chairman of the Board | 17.8yrs | CA$706.85k | 0.011% CA$ 7.6m | |
Independent Director | 13.8yrs | CA$594.61k | 0.00046% CA$ 319.5k | |
Independent Director | 3.1yrs | CA$250.00k | 0.0034% CA$ 2.4m | |
Independent Director | 6.1yrs | CA$265.00k | 0.0025% CA$ 1.7m | |
Independent Director | 7.1yrs | CA$285.00k | 0.00022% CA$ 152.8k | |
Independent Director | 12.2yrs | CA$250.00k | 0.00096% CA$ 666.8k | |
Independent Director | 3.1yrs | CA$270.00k | 0.000050% CA$ 34.7k | |
Independent Director | 9.2yrs | CA$355.00k | 0.000080% CA$ 55.6k | |
Independent Director | 5.8yrs | CA$348.05k | 0.00069% CA$ 479.3k | |
Independent Director | 9.2yrs | CA$285.00k | 0.00024% CA$ 166.7k | |
Independent Director | 11.6yrs | CA$340.00k | 0.000070% CA$ 48.6k |
8.1yrs
Average Tenure
62.5yo
Average Age
Experienced Board: BMO's board of directors are considered experienced (8.1 years average tenure).