National Bank of Canada Management
Management criteria checks 3/4
National Bank of Canada's CEO is Laurent Ferreira, appointed in Nov 2021, has a tenure of 2.08 years. total yearly compensation is CA$10.99M, comprised of 8.6% salary and 91.4% bonuses, including company stock and options. directly owns 0.026% of the company’s shares, worth $5.98M. The average tenure of the management team and the board of directors is 2.3 years and 5.9 years respectively.
Key information
Laurent Ferreira
Chief executive officer
CA$11.0m
Total compensation
| CEO salary percentage | 8.6% |
| CEO tenure | 2.1yrs |
| CEO ownership | 0.03% |
| Management average tenure | 2.3yrs |
| Board average tenure | 5.9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Oct 31 2023 | n/a | n/a | CA$3b |
| Jul 31 2023 | n/a | n/a | CA$3b |
| Apr 30 2023 | n/a | n/a | CA$3b |
| Jan 31 2023 | n/a | n/a | CA$3b |
| Oct 31 2022 | CA$11m | CA$947k | CA$3b |
| Jul 31 2022 | n/a | n/a | CA$3b |
| Apr 30 2022 | n/a | n/a | CA$3b |
| Jan 31 2022 | n/a | n/a | CA$3b |
| Oct 31 2021 | CA$9m | CA$598k | CA$3b |
| Jul 31 2021 | n/a | n/a | CA$3b |
| Apr 30 2021 | n/a | n/a | CA$3b |
| Jan 31 2021 | n/a | n/a | CA$2b |
| Oct 31 2020 | CA$6m | CA$450k | CA$2b |
| Jul 31 2020 | n/a | n/a | CA$2b |
| Apr 30 2020 | n/a | n/a | CA$2b |
| Jan 31 2020 | n/a | n/a | CA$2b |
| Oct 31 2019 | CA$6m | CA$450k | CA$2b |
Compensation vs Market: Laurent's total compensation ($USD8.08M) is below average for companies of similar size in the US market ($USD12.18M).
Compensation vs Earnings: Laurent's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Laurent Ferreira (52 yo)
2.1yrs
Tenure
CA$10,988,413
Compensation
Mr. Laurent Ferreira serves as President and Chief Executive Officer at National Bank of Canada since November 1, 2021. He served as Chief Operating Officer at National Bank of Canada since February 1, 202...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.1yrs | CA$10.99m | 0.026% CA$ 6.0m | |
| CFO & Executive VP of Finance | 1.7yrs | CA$4.29m | no data | |
| Executive Vice-President of Personal Banking & Client Experience | 7.6yrs | CA$4.51m | 0.00057% CA$ 133.6k | |
| Executive Vice-President of Technology & Operations | 1.9yrs | no data | 0.00021% CA$ 49.2k | |
| Senior Vice President of Investor Relations | no data | no data | no data | |
| Vice President of Compliance | no data | no data | no data | |
| Senior VP of Legal Affairs & Corporate Secretary | no data | no data | no data | |
| Vice-President of Communications & Corporate Social Responsibility | no data | no data | no data | |
| Head of Employee Experience & Executive VP of Employee Experience | 5.5yrs | no data | 0.0019% CA$ 445.2k | |
| Senior Vice-President of Finance | no data | CA$214.94k | no data | |
| Head of Risk Management & Executive VP of Risk Management | 13.1yrs | no data | 0.0025% CA$ 585.8k | |
| Executive Vice-President of Commercial & Private Banking | 2.3yrs | no data | no data |
2.3yrs
Average Tenure
Experienced Management: NBKC.F's management team is considered experienced (2.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.8yrs | CA$10.99m | 0.026% CA$ 6.0m | |
| Independent Director | 10.7yrs | CA$190.00k | 0.0057% CA$ 1.3m | |
| Independent Director | 7.3yrs | CA$210.00k | no data | |
| Independent Director | 11.7yrs | CA$155.00k | 0.011% CA$ 2.7m | |
| Independent Chairman of the Board | 5.7yrs | CA$177.75k | 0.0040% CA$ 941.9k | |
| Independent Director | 11.7yrs | CA$170.00k | 0.0036% CA$ 834.1k | |
| Independent Director | 9yrs | CA$205.00k | 0.0027% CA$ 627.9k | |
| Independent Director | 4.7yrs | CA$182.50k | 0.0064% CA$ 1.5m | |
| Independent Director | 3.7yrs | CA$220.00k | 0.0051% CA$ 1.2m | |
| Independent Director | 2.7yrs | CA$155.00k | no data | |
| Independent Director | 1.7yrs | CA$81.29k | 0.00030% CA$ 70.3k | |
| Independent Director | 6.2yrs | CA$167.50k | no data |
5.9yrs
Average Tenure
64.5yo
Average Age
Experienced Board: NBKC.F's board of directors are considered experienced (5.9 years average tenure).