Manulife Financial Corporation

NYSE:MFC Stock Report

Market Cap: US$56.9b

Manulife Financial Management

Management criteria checks 4/4

Manulife Financial's CEO is Roy Gori, appointed in Jun 2017, has a tenure of 7.42 years. total yearly compensation is CA$19.38M, comprised of 8.9% salary and 91.1% bonuses, including company stock and options. directly owns 0.038% of the company’s shares, worth $21.77M. The average tenure of the management team and the board of directors is 3.9 years and 4.8 years respectively.

Key information

Roy Gori

Chief executive officer

CA$19.4m

Total compensation

CEO salary percentage8.9%
CEO tenure7.4yrs
CEO ownership0.04%
Management average tenure3.9yrs
Board average tenure4.8yrs

Recent management updates

Recent updates

Manulife: Despite Strong Fundamentals, It's Time To Take Profits

Oct 31

Manulife Financial: Dividend Powerhouse With High Growth Potential

Sep 09

Manulife Financial: This Dividend Grower Still Has Upside

Jun 26

Manulife Financial: A Hidden Gem Insurance Company Deserving Of Your Attention

Jun 09

Manulife Financial: Company Firing On All Cylinders, But Valuation Too Rich (Rating Downgrade)

Apr 19

Should You Buy Manulife For Its 4.8% Yield?

Feb 11

Manulife: Undervalued With Massive Capital Returns

Jan 26

Manulife Financial: Strong Revenue And Dividend Growth While Share Price Skyrockets (Downgrade)

Jan 02

Manulife: Time To Take Some Profits

Dec 19

Manulife Financial: Lock In This Growing Dividend At A Discount

Nov 27

Manulife: The Perpetual Preferreds Are Now Getting Attractive

Oct 05

Manulife: Taking A Closer Look At Canadian Life Insurance

Sep 25

Manulife Financial: Dividend Yield Beyond 5% And Positive Net Income Growth

Jul 19

Manulife: You Shouldn't Doubt This Company, Still A 'Buy'

Jun 13

Manulife Financial Non-GAAP EPS of C$0.88 beats by C$0.07

Feb 15

Lock In A 6.9% Dividend Yield With Manulife Preferred Shares

Feb 08

Manulife Is Too Cheap At 5.7% Yield

Dec 12

Manulife Financial Non-GAAP EPS of C$0.67 misses by C$0.03

Nov 09

Manulife Investment Management buys industrial warehouse in Fort Worth, Texas

Oct 26

Manulife intends to redeem C$1B of 3.181% fixed/floating subordinated debentures next month

Oct 12

Manulife Financial Remains A High-Yielding Bargain Buy

Aug 19

Manulife Financial declares CAD 0.33 dividend

Aug 10

Wall Street Analysts And The Options Market Suggest Manulife Financial Is Undervalued

Jul 26

Why Manulife Financial Is A 6% Yield You Don't Want To Miss

Jul 05

Manulife: A Quality 5.4% Yield

May 30

CEO Compensation Analysis

How has Roy Gori's remuneration changed compared to Manulife Financial's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

CA$5b

Jun 30 2024n/an/a

CA$4b

Mar 31 2024n/an/a

CA$4b

Dec 31 2023CA$19mCA$2m

CA$5b

Sep 30 2023n/an/a

CA$4b

Jun 30 2023n/an/a

CA$4b

Mar 31 2023n/an/a

CA$483m

Dec 31 2022CA$17mCA$2m

-CA$2b

Sep 30 2022n/an/a

-CA$998m

Jun 30 2022n/an/a

CA$117m

Mar 31 2022n/an/a

CA$5b

Dec 31 2021CA$17mCA$2m

CA$7b

Sep 30 2021n/an/a

CA$7b

Jun 30 2021n/an/a

CA$7b

Mar 31 2021n/an/a

CA$5b

Dec 31 2020CA$15mCA$2m

CA$6b

Sep 30 2020n/an/a

CA$5b

Jun 30 2020n/an/a

CA$4b

Mar 31 2020n/an/a

CA$5b

Dec 31 2019CA$15mCA$1m

CA$5b

Sep 30 2019n/an/a

CA$5b

Jun 30 2019n/an/a

CA$6b

Mar 31 2019n/an/a

CA$5b

Dec 31 2018CA$13mCA$1m

CA$5b

Sep 30 2018n/an/a

CA$2b

Jun 30 2018n/an/a

CA$2b

Mar 31 2018n/an/a

CA$2b

Dec 31 2017CA$13mCA$1m

CA$2b

Compensation vs Market: Roy's total compensation ($USD13.87M) is about average for companies of similar size in the US market ($USD12.67M).

Compensation vs Earnings: Roy's compensation has been consistent with company performance over the past year.

CEO

Roy Gori (54 yo)

7.4yrs

Tenure

CA$19,382,615

Compensation

Mr. Roy Gori served as President and Chief Executive Officer of Manulife Financial Asia Limited until July 1, 2023. He has been the President and Chief Executive Officer of Manufacturers Life Insurance Com...

Leadership Team

NamePositionTenureCompensationOwnership
Roy Gori
President7.4yrsCA$19.38m0.038%
$ 21.8m
Colin Simpson
Chief Financial Officer1.3yrsCA$4.52m0.00034%
$ 193.3k
Marc Costantini
Global Head of Strategy and Inforce Management2.4yrsCA$6.01m0.0015%
$ 875.7k
Paul Lorentz
President and CEO of Global Wealth & Asset Managementno dataCA$7.20m0.0033%
$ 1.9m
Philip Witherington
President & CEO of Manulife Asia1.3yrsCA$7.80m0.0065%
$ 3.7m
Rahul Joshi
Chief Operations Officer5.4yrsCA$6.69m0.0025%
$ 1.4m
Trevor Kreel
Chief Investment Officerless than a yearno data0.0015%
$ 875.7k
Lynda Sullivan
Executive VP & Chief Accounting Officerno datano datano data
Shamus Edward Weiland
Global Chief Information Officer5.6yrsno data0.0021%
$ 1.2m
James Gallagher
General Counsel8.1yrsno data0.0011%
$ 642.6k
Anne Hammer
Global Chief Communications Officerno datano datano data
Karen Leggett
Chief Marketing Officerno datano data0.00098%
$ 557.3k

3.9yrs

Average Tenure

Experienced Management: MFC's management team is considered experienced (3.9 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Roy Gori
President7.1yrsCA$19.38m0.038%
$ 21.8m
Claude Prieur
Independent Corporate Director11.8yrsCA$361.10k0.011%
$ 6.5m
Nicole Arnaboldi
Independent Corporate Director4.4yrsCA$354.17k0.00037%
$ 210.4k
Donald Lindsay
Independent Chairman of the Board14.3yrsCA$550.21k0.0069%
$ 3.9m
J. Durland
Independent Directorless than a yearno datano data
Damien Allen Green
Chairman of the Board - Manulife Asia1.3yrsno datano data
Susan Dabarno
Independent Corporate Director11.7yrsCA$307.60k0.0026%
$ 1.5m
Siew Boi Tan
Independent Corporate Director2.9yrsCA$307.60kno data
Julie Dickson
Independent Corporate Director5.3yrsCA$307.60kno data
Leagh Turner
Independent Corporate Director4yrsCA$307.60kno data
Mahawa Touray
Independent Corporate Director2.8yrsCA$307.60kno data
Guy Bainbridge
Independent Corporate Director5.3yrsCA$361.10kno data

4.8yrs

Average Tenure

63.5yo

Average Age

Experienced Board: MFC's board of directors are considered experienced (4.8 years average tenure).