Manulife Financial Management
Management criteria checks 4/4
Manulife Financial's CEO is Roy Gori, appointed in Jun 2017, has a tenure of 7.58 years. total yearly compensation is CA$19.38M, comprised of 8.9% salary and 91.1% bonuses, including company stock and options. directly owns 0.039% of the company’s shares, worth $20.57M. The average tenure of the management team and the board of directors is 4.1 years and 5 years respectively.
Key information
Roy Gori
Chief executive officer
CA$19.4m
Total compensation
| CEO salary percentage | 8.9% |
| CEO tenure | 7.6yrs |
| CEO ownership | 0.04% |
| Management average tenure | 4.1yrs |
| Board average tenure | 5yrs |
Recent management updates
Recent updates
Manulife Financial Expected To Keep Rising On Insurance And Annuities Growth, Profitability
Dec 17Manulife: Despite Strong Fundamentals, It's Time To Take Profits
Oct 31Manulife Financial: Dividend Powerhouse With High Growth Potential
Sep 09Manulife Financial: This Dividend Grower Still Has Upside
Jun 26Manulife Financial: A Hidden Gem Insurance Company Deserving Of Your Attention
Jun 09Manulife Financial: Company Firing On All Cylinders, But Valuation Too Rich (Rating Downgrade)
Apr 19Should You Buy Manulife For Its 4.8% Yield?
Feb 11Manulife: Undervalued With Massive Capital Returns
Jan 26Manulife Financial: Strong Revenue And Dividend Growth While Share Price Skyrockets (Downgrade)
Jan 02Manulife: Time To Take Some Profits
Dec 19Manulife Financial: Lock In This Growing Dividend At A Discount
Nov 27Manulife: The Perpetual Preferreds Are Now Getting Attractive
Oct 05Manulife: Taking A Closer Look At Canadian Life Insurance
Sep 25Manulife Financial: Dividend Yield Beyond 5% And Positive Net Income Growth
Jul 19Manulife: You Shouldn't Doubt This Company, Still A 'Buy'
Jun 13Manulife Financial Non-GAAP EPS of C$0.88 beats by C$0.07
Feb 15Lock In A 6.9% Dividend Yield With Manulife Preferred Shares
Feb 08Manulife Is Too Cheap At 5.7% Yield
Dec 12Manulife Financial Non-GAAP EPS of C$0.67 misses by C$0.03
Nov 09Manulife Investment Management buys industrial warehouse in Fort Worth, Texas
Oct 26Manulife intends to redeem C$1B of 3.181% fixed/floating subordinated debentures next month
Oct 12Manulife Financial Remains A High-Yielding Bargain Buy
Aug 19Manulife Financial declares CAD 0.33 dividend
Aug 10Wall Street Analysts And The Options Market Suggest Manulife Financial Is Undervalued
Jul 26Why Manulife Financial Is A 6% Yield You Don't Want To Miss
Jul 05CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | CA$5b |
| Jun 30 2024 | n/a | n/a | CA$4b |
| Mar 31 2024 | n/a | n/a | CA$4b |
| Dec 31 2023 | CA$19m | CA$2m | CA$5b |
| Sep 30 2023 | n/a | n/a | CA$4b |
| Jun 30 2023 | n/a | n/a | CA$4b |
| Mar 31 2023 | n/a | n/a | CA$483m |
| Dec 31 2022 | CA$17m | CA$2m | -CA$2b |
| Sep 30 2022 | n/a | n/a | -CA$998m |
| Jun 30 2022 | n/a | n/a | CA$117m |
| Mar 31 2022 | n/a | n/a | CA$5b |
| Dec 31 2021 | CA$17m | CA$2m | CA$7b |
| Sep 30 2021 | n/a | n/a | CA$7b |
| Jun 30 2021 | n/a | n/a | CA$7b |
| Mar 31 2021 | n/a | n/a | CA$5b |
| Dec 31 2020 | CA$15m | CA$2m | CA$6b |
| Sep 30 2020 | n/a | n/a | CA$5b |
| Jun 30 2020 | n/a | n/a | CA$4b |
| Mar 31 2020 | n/a | n/a | CA$5b |
| Dec 31 2019 | CA$15m | CA$1m | CA$5b |
| Sep 30 2019 | n/a | n/a | CA$5b |
| Jun 30 2019 | n/a | n/a | CA$6b |
| Mar 31 2019 | n/a | n/a | CA$5b |
| Dec 31 2018 | CA$13m | CA$1m | CA$5b |
Compensation vs Market: Roy's total compensation ($USD13.42M) is about average for companies of similar size in the US market ($USD12.87M).
Compensation vs Earnings: Roy's compensation has been consistent with company performance over the past year.
CEO
Roy Gori (54 yo)
7.6yrs
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7.6yrs | CA$19.38m | 0.039% $ 20.6m | |
| Chief Financial Officer | 1.5yrs | CA$4.52m | 0.00035% $ 186.9k | |
| Global Head of Strategy and Inforce Management | 2.6yrs | CA$6.01m | 0.0015% $ 827.6k | |
| President and CEO of Global Wealth & Asset Management | no data | CA$7.20m | 0.0033% $ 1.8m | |
| President & CEO of Manulife Asia | 1.5yrs | CA$7.80m | 0.0065% $ 3.5m | |
| Chief Operations Officer | 5.6yrs | CA$6.69m | 0.0025% $ 1.4m | |
| Chief Investment Officer | less than a year | no data | 0.0015% $ 827.6k | |
| Executive VP & Chief Accounting Officer | no data | no data | no data | |
| Global Chief Information Officer | 5.8yrs | no data | 0.0022% $ 1.1m | |
| General Counsel | 8.3yrs | no data | 0.0011% $ 603.3k | |
| Global Chief Communications Officer | no data | no data | no data | |
| Chief Marketing Officer | no data | no data | 0.00098% $ 523.2k |
4.1yrs
Average Tenure
Experienced Management: MFC's management team is considered experienced (4.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7.3yrs | CA$19.38m | 0.039% $ 20.6m | |
| Independent Corporate Director | 12yrs | CA$361.10k | 0.011% $ 6.1m | |
| Independent Corporate Director | 4.6yrs | CA$354.17k | 0.00037% $ 197.6k | |
| Independent Director | less than a year | no data | no data | |
| Independent Chairman of the Board | 14.4yrs | CA$550.21k | 0.0069% $ 3.7m | |
| Independent Director | less than a year | no data | no data | |
| Chairman of the Board - Manulife Asia | 1.5yrs | no data | no data | |
| Independent Corporate Director | 11.8yrs | CA$307.60k | 0.0026% $ 1.4m | |
| Independent Corporate Director | 3.1yrs | CA$307.60k | no data | |
| Independent Corporate Director | 5.4yrs | CA$307.60k | no data | |
| Independent Corporate Director | 4.2yrs | CA$307.60k | no data | |
| Independent Corporate Director | 5.4yrs | CA$361.10k | no data |
5.0yrs
Average Tenure
64.5yo
Average Age
Experienced Board: MFC's board of directors are considered experienced (5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/05 09:06 |
| End of Day Share Price | 2025/01/03 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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 here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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 .
Analyst Sources
Manulife Financial Corporation is covered by 41 analysts. 11 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 |
|---|---|
| Mark Rosen | Accountability Research Corporation |
| Ishan Majumdar | Baptista Research |
| Alex Scott | Barclays |