Laurentian Bank of Canada

OTCPK:LRCD.F Stock Report

Market Cap: US$921.9m

Laurentian Bank of Canada Management

Management criteria checks 1/4

Laurentian Bank of Canada's CEO is Eric Provost, appointed in Oct 2023, has a tenure of 1.08 years. total yearly compensation is CA$2.64M, comprised of 15.2% salary and 84.8% bonuses, including company stock and options. directly owns 0.009% of the company’s shares, worth $86.93K. The average tenure of the management team and the board of directors is 1.1 years and 2.6 years respectively.

Key information

Eric Provost

Chief executive officer

CA$2.6m

Total compensation

CEO salary percentage15.2%
CEO tenure1.1yrs
CEO ownership0.009%
Management average tenure1.1yrs
Board average tenure2.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Eric Provost's remuneration changed compared to Laurentian Bank of Canada's earnings?
DateTotal CompensationSalaryCompany Earnings
Jul 31 2024n/an/a

-CA$27m

Apr 30 2024n/an/a

-CA$12m

Jan 31 2024n/an/a

CA$155m

Oct 31 2023CA$3mCA$400k

CA$169m

Jul 31 2023n/an/a

CA$194m

Apr 30 2023n/an/a

CA$201m

Jan 31 2023n/an/a

CA$211m

Oct 31 2022CA$2mCA$346k

CA$215m

Jul 31 2022n/an/a

CA$56m

Apr 30 2022n/an/a

CA$62m

Jan 31 2022n/an/a

CA$54m

Oct 31 2021CA$1mCA$315k

CA$45m

Jul 31 2021n/an/a

CA$183m

Apr 30 2021n/an/a

CA$159m

Jan 31 2021n/an/a

CA$114m

Oct 31 2020CA$845kCA$284k

CA$102m

Compensation vs Market: Eric's total compensation ($USD1.89M) is below average for companies of similar size in the US market ($USD3.18M).

Compensation vs Earnings: Eric's compensation has increased whilst the company is unprofitable.

CEO

Eric Provost (49 yo)

1.1yrs

Tenure

CA$2,638,006

Compensation

Mr. Eric Provost had been Group Head of Personal and Commercial Banking at Laurentian Bank of Canada since September 2023 and is President and Chief Executive Officer from October 01, 2023 and is its Direc...

Leadership Team

NamePositionTenureCompensationOwnership
Eric Provost
President1.1yrsCA$2.64m0.0094%
$ 86.9k
Yvan Deschamps
Chief Financial Officer3.6yrsCA$2.01m0.0044%
$ 40.9k
Benoit Bertrand
Chief Information Officerless than a yearno datano data
Andrew Chornenky
Vice President of Investor Relationsno datano datano data
Merick Seguin
Senior Manager of Media Relationsno datano datano data
Macha Pohu
Chief Human Resources Officer & Corporate Affairsless than a yearno data0.00076%
$ 7.0k
Adam Swinemar
Senior Vice President of Digital Banking3.8yrsno data0%
$ 0
Thierry Langevin
Head of Personal and Commercial Banking1.1yrsno data0.00086%
$ 7.9k
Sophie Boucher
Senior VP and Head of Personal Banking & Small-Medium Enterprises (SME)1.1yrsno data0.00042%
$ 3.9k
Marie-Christine Custeau
Head of Strategy & Transformation and Head digital experienceno datano data0.0014%
$ 13.2k
Brian Doyle
Acting Head of Capital Marketsless than a yearno datano data
Christian De Broux
Chief Risk Officerless than a yearno datano data

1.1yrs

Average Tenure

Experienced Management: LRCD.F's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Eric Provost
President1.1yrsCA$2.64m0.0094%
$ 86.9k
Michael Boychuk
Independent Chair of the Board11.3yrsCA$210.00k0.0032%
$ 29.8k
Sonia Baxendale
Independent Director8.3yrsCA$180.00k0.018%
$ 163.8k
David Mowat
Independent Director5.3yrsCA$180.00k0.025%
$ 227.1k
Andrea Bolger
Independent Director5.3yrsCA$201.78k0.0093%
$ 85.9k
Nicholas Zelenczuk
Independent Director4.5yrsCA$155.00k0.011%
$ 104.7k
Johanne Brunet
Independent Directorless than a yearno datano data
Suzanne Gouin
Independent Director3.6yrsCA$155.00k0.0023%
$ 20.9k
Paul Stinis
Independent Directorless than a yearno datano data
Robert Ouellette
Independent Directorno datano datano data
Jamey Hubbs
Independent Directorless than a yearno datano data
Laurent Desmangles
Independent Director1.6yrsCA$111.99kno data

2.6yrs

Average Tenure

65yo

Average Age

Experienced Board: LRCD.F's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.