Onex Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Bobby Le Blanc

Chief executive officer

US$8.5m

Total compensation

CEO salary percentage	11.8%
CEO tenure	less than a year
CEO ownership	1.1%
Management average tenure	9.2yrs
Board average tenure	14yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Bobby Le Blanc's remuneration changed compared to Onex's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$9m	US$1m	US$529m
Sep 30 2023	n/a	n/a	US$591m
Jun 30 2023	n/a	n/a	US$155m
Mar 31 2023	n/a	n/a	-US$161m
Dec 31 2022	US$6m	US$1m	US$235m
Sep 30 2022	n/a	n/a	US$14m
Jun 30 2022	n/a	n/a	US$796m
Mar 31 2022	n/a	n/a	US$1b
Dec 31 2021	US$6m	US$750k	US$1b
Sep 30 2021	n/a	n/a	US$2b
Jun 30 2021	n/a	n/a	US$2b
Mar 31 2021	n/a	n/a	US$2b
Dec 31 2020	US$4m	US$400k	US$730m
Sep 30 2020	n/a	n/a	US$320m
Jun 30 2020	n/a	n/a	-US$81m
Mar 31 2020	n/a	n/a	-US$452m
Dec 31 2019	US$6m	US$400k	US$4b
Sep 30 2019	n/a	n/a	US$4b
Jun 30 2019	n/a	n/a	US$4b
Mar 31 2019	n/a	n/a	US$3b
Dec 31 2018	US$400k	US$400k	-US$713m
Sep 30 2018	n/a	n/a	-US$722m
Jun 30 2018	n/a	n/a	US$107m
Mar 31 2018	n/a	n/a	-US$148m
Dec 31 2017	US$12m	US$400k	-US$768m

Compensation vs Market: Bobby's total compensation ($USD8.50M) is about average for companies of similar size in the US market ($USD8.45M).

Compensation vs Earnings: Bobby's compensation has increased by more than 20% in the past year.

CEO

Bobby Le Blanc (56 yo)

less than a year

Tenure

US$8,501,000

Compensation

Mr. Robert Michael LeBlanc, also known as Bobby, serves as Director at Convex Group Limited. He is Director of First Berkshire Hathaway Life Insurance Company. He also serves as Director of Onex Canada Ass...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Gerald Schwartz	Founder & Chairman	37.2yrs	US$2.24m	8.83% $ 494.5m
Robert Le Blanc	CEO & Director	less than a year	US$8.50m	1.12% $ 62.5m
Christopher Govan	Chief Financial Officer	9.2yrs	US$2.90m	0.18% $ 10.1m
Nigel Wright	Co-Head of Onex Partners	9.8yrs	US$2.64m	0.41% $ 23.1m
Tawfiq Popatia	Co-Head of Onex Partners	17.3yrs	US$2.64m	0.037% $ 2.1m
Ronnie Jaber	Head of Onex Credit	1.9yrs	US$4.25m	no data
Ewout Heersink	Vice Chairman	14yrs	US$400.00k	1.34% $ 75.3m
Joanne Coles	Managing Director of Enterprise Technology	no data	no data	no data
Janet Lumb	Vice President of Corporate Real Estate & Administration	no data	no data	no data
Yonah Feder	Managing Director of Legal & Compliance	6.3yrs	no data	no data
Jill Homenuk	Managing Director of Shareholder Relations & Communications	no data	no data	no data
Heather Hrousalas	Chief Human Resources Officer	no data	no data	no data

9.2yrs

Average Tenure

56yo

Average Age

Experienced Management: ONEX.F's management team is seasoned and experienced (9.2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Gerald Schwartz	Founder & Chairman	37.2yrs	US$2.24m	8.83% $ 494.5m
Robert Le Blanc	CEO & Director	less than a year	US$8.50m	1.12% $ 62.5m
Ewout Heersink	Vice Chairman	14yrs	US$400.00k	1.34% $ 75.3m
John Prichard	Lead Independent Director	30yrs	US$312.50k	0.026% $ 1.5m
Heather Reisman	Non-Independent Director	21yrs	US$250.00k	no data
John McCoy	Independent Director	19yrs	US$277.50k	0.026% $ 1.5m
Sarabjit Marwah	Independent Director	2yrs	US$273.13k	0.0026% $ 145.6k
Arni Thorsteinson	Independent Director	37.2yrs	US$302.50k	0.065% $ 3.7m
Mitchell Goldhar	Independent Director	7yrs	US$250.00k	no data
Beth Wilkinson	Independent Director	6yrs	US$253.38k	no data
Lisa Carnoy	Independent Director	less than a year	US$256.25k	no data

14.0yrs

Average Tenure

72yo

Average Age

Experienced Board: ONEX.F's board of directors are seasoned and experienced ( 14 years average tenure).

Onex Management

Management criteria checks 3/4

Key information

Recent management updates

Onex Corporation, Annual General Meeting, May 09, 2024

Onex Corporation Appoints Bobby Le Blanc as CEO

Onex Appoints Ronnie Jaber and Sandeep Alva as Co-Heads of Onex Credit

Onex Corporation Elects Sarabjit S. Marwah as Director

Onex Corporation, Annual General Meeting, May 12, 2022

Wes Pringle to Join Onex as Head of Portfolio Operations for Onex Partners

Recent updates

Onex Corporation to Report Q1, 2024 Results on May 10, 2024

Onex Corporation, Annual General Meeting, May 09, 2024

Onex Corporation Reports Impairment of Goodwill for the Quarter Ended December 31, 2023

Onex Corporation Declares First-Quarter Dividend, Payable on April 30, 2024

Onex Corporation to Report Q4, 2023 Results on Feb 23, 2024

Onex Corporation Declares Fourth-Quarter Dividend, Payable on January 31, 2024

Legends Hospitality, LLC entered into a definitive agreement to acquire ASM Global Parent, Inc. from Onex Corporation (TSX:ONEX) and Anschutz Entertainment Group, Inc.

Onex Corporation (TSX:ONEX) agreed to acquire Accredited Holding Corporation from Randall & Quilter America Holdings, Inc. for an enterprise value of $465 million.

R&Q Insurance Confirms Talks to Sell Accredited

Onex Corporation Declares Third-Quarter Dividend, Payable on October 31, 2023

Onex Corporation Appoints Bobby Le Blanc as CEO

Onex Corporation to Report Q4, 2022 Results on Feb 24, 2023

Onex Corporation Declares Fourth-Quarter Dividend, Payable on January 31, 2023

Onex Corporation Declares Third Quarter Dividend, Payable on October 31, 2022

Onex Appoints Ronnie Jaber and Sandeep Alva as Co-Heads of Onex Credit

Onex Corporation Elects Sarabjit S. Marwah as Director

Onex Corporation, Annual General Meeting, May 12, 2022

Onex Corporation Declares Dividend for the First Quarter, Payable on April 30, 2022

Qatar Investment Authority agreed to acquire an unknown minority stake in Advanced Integration Technology, LP from Onex Partners IV LP, a fund managed by Onex Corporation (TSX:ONEX), and AIT’s founding management team.

Onex Partners V LP, managed by Onex Corporation (TSX:ONEX), and management of TES Global Limited agreed to acquire TES Global Limited from Providence Equity Partners L.L.C.

The management of Monroe Operations LLC along with Onex Partners V LP, a fund managed by Onex Corporation (TSX:ONEX) completed the acquisition of Monroe Operations LLC.

Onex Partners V LP managed by Onex Corporation (TSX:ONEX) agreed to acquire Newport Healthcare.

The management of Monroe Operations LLC along with Onex Partners V LP, a fund managed by Onex Corporation (TSX:ONEX) agreed to acquire Monroe Operations LLC.

Onex Corporation Declares Second-Quarter Dividend, Payable on July 30, 2021

Onex Corporation to Report Q4, 2020 Results on Feb 26, 2021

Wes Pringle to Join Onex as Head of Portfolio Operations for Onex Partners

Onex Corporation and Onex Credit Announces Appointment of Conor Daly to Lead Its European CLO Platform

Onex Corporation (TSX:ONEX) acquired Falcon Investment Advisors, LLC.

Onex Partners V LP, fund managed by Onex Corporation (TSX:ONEX) completed the acquisition of a majority stake in OneDigital Health and Benefits, Inc. from New Mountain Capital, L.L.C.

Onex Corporation (TSX:ONEX), New Mountain Capital, L.L.C and One Digital Employees signed a definitive agreement to acquire an unknown minority stake in OneDigital Health and Benefits, Inc. from New Mountain Capital, L.L.C on October 8, 2020.

TPG and Onex Reportedly Prepare for Donlen Bid

Onex Partners V LP, managed by Onex Corporation (TSX:ONEX), and existing management team of Independent Clinical Services Group Ltd. completed the acquisition of Independent Clinical Services Group Ltd. from TowerBrook Capital Partners L.P. and others.

Onex Partners Promotes Tawfiq Popatia and Nigel Wright to Senior Managing Director

Onex Corporation to Report First Half, 2020 Final Results on Aug 06, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age