EQB Management
Management criteria checks 2/4
EQB's CEO is Chadwick Westlake, appointed in Aug 2025, has a tenure of less than a year. total yearly compensation is CA$3.87M, comprised of 8.9% salary and 91.1% bonuses, including company stock and options. directly owns 0.005% of the company’s shares, worth $133.15K. The average tenure of the management team and the board of directors is 0.8 years and 8.4 years respectively.
Key information
Chadwick Westlake
Chief executive officer
CA$3.9m
Total compensation
| CEO salary percentage | 8.86% |
| CEO tenure | less than a year |
| CEO ownership | 0.005% |
| Management average tenure | less than a year |
| Board average tenure | 8.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jan 31 2026 | n/a | n/a | CA$228m |
| Oct 31 2025 | CA$4m | CA$343k | CA$256m |
| Jul 31 2025 | n/a | n/a | CA$341m |
| Apr 30 2025 | n/a | n/a | CA$378m |
| Jan 31 2025 | n/a | n/a | CA$395m |
| Oct 31 2024 | CA$2m | CA$553k | CA$390m |
| Oct 31 2023 | CA$2m | CA$453k | CA$438m |
| Jun 30 2023 | n/a | n/a | CA$346m |
| Mar 31 2023 | n/a | n/a | CA$275m |
| Dec 31 2022 | CA$2m | CA$515k | CA$265m |
| Sep 30 2022 | n/a | n/a | CA$300m |
| Jun 30 2022 | n/a | n/a | CA$295m |
| Mar 31 2022 | n/a | n/a | CA$307m |
| Dec 31 2021 | CA$2m | CA$500k | CA$288m |
| Sep 30 2021 | n/a | n/a | CA$279m |
| Jun 30 2021 | n/a | n/a | CA$281m |
| Mar 31 2021 | n/a | n/a | CA$263m |
| Dec 31 2020 | CA$2m | CA$77k | CA$219m |
Compensation vs Market: Chadwick's total compensation ($USD2.78M) is below average for companies of similar size in the US market ($USD6.96M).
Compensation vs Earnings: Chadwick's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Chadwick Westlake (45 yo)
Mr. Chadwick Westlake is Executive VP & CFO of Open Text Corporation from March 5, 2025. Mr. Westlake was Senior Vice President and Chief Financial Officer of EQB Inc. (formerly known as Equitable Group In...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | less than a year | CA$3.87m | 0.0046% $ 133.1k | |
| Executive VP & CFO | less than a year | CA$952.01k | 0.000020% $ 581.4 | |
| Executive Vice President of Commercial Banking | 5.5yrs | CA$1.20m | 0.022% $ 625.3k | |
| Senior VP & Head of EQ Bank | 1yr | CA$907.38k | 0.013% $ 387.2k | |
| Senior VP & Chief Risk Officer | less than a year | CA$1.21m | 0.0014% $ 40.4k | |
| Senior VP & Chief Information Officer | 1yr | no data | no data | |
| VP & Head of Investor Relations | less than a year | no data | no data | |
| Senior VP | no data | no data | 0.011% $ 316.9k | |
| Executive VP & Chief Human Resources Officer | no data | no data | 0.0022% $ 64.5k | |
| Senior VP & Chief Auditor | 1.3yrs | no data | 0.0016% $ 47.4k | |
| Vice-President of Capital Markets | no data | no data | no data | |
| Senior VP & Chief Credit Officer | no data | no data | no data |
Experienced Management: EQGP.F's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | less than a year | CA$3.87m | 0.0046% $ 133.1k | |
| Independent Director | 11.9yrs | CA$200.00k | 0.0089% $ 258.4k | |
| Honorary Chairman | 11.9yrs | CA$23.44k | no data | |
| Independent Director | 3.4yrs | CA$170.00k | 0.0074% $ 215.4k | |
| Independent Director | 9.4yrs | CA$210.00k | 0.0079% $ 230.2k | |
| Director | less than a year | no data | 0.056% $ 1.6m | |
| Independent Director | 11.9yrs | CA$170.00k | 0.023% $ 666.6k | |
| Independent Director | 12.9yrs | CA$195.00k | 0.019% $ 565.7k | |
| Independent Director | 7.4yrs | CA$230.00k | 0.0069% $ 202.0k | |
| Independent Chair of the Board | 12.9yrs | CA$370.00k | 0.015% $ 429.4k | |
| Independent Director | 5.3yrs | CA$185.00k | 0.0028% $ 80.8k | |
| Independent Director | 3.4yrs | CA$185.00k | 0.0033% $ 97.1k |
Experienced Board: EQGP.F's board of directors are considered experienced (8.4 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/04/05 09:39 |
| End of Day Share Price | 2026/04/02 00:00 |
| Earnings | 2026/01/31 |
| Annual Earnings | 2025/10/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
EQB Inc. is covered by 17 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.
| Analyst | Institution |
|---|---|
| Lemar Persaud | ATB Cormark Historical (Cormark Securities) |
| Etienne Ricard | BMO Capital Markets Equity Research |
| Sohrab Movahedi | BMO Capital Markets Equity Research |