Sun Life Financial Inc.

NYSE:SLF Stock Report

Market Cap: US$34.1b

Sun Life Financial Management

Management criteria checks 3/4

Sun Life Financial's CEO is Kevin Strain, appointed in Feb 2021, has a tenure of 3.83 years. total yearly compensation is CA$10.65M, comprised of 9.4% salary and 90.6% bonuses, including company stock and options. directly owns 0.009% of the company’s shares, worth $2.94M. The average tenure of the management team and the board of directors is 1.9 years and 3.6 years respectively.

Key information

Kevin Strain

Chief executive officer

CA$10.6m

Total compensation

CEO salary percentage9.4%
CEO tenure3.8yrs
CEO ownership0.009%
Management average tenure1.9yrs
Board average tenure3.6yrs

Recent management updates

Recent updates

4% Dividend Yield Shines At Sun Life, While Growth Looks Bright (Ratings Upgrade)

Nov 11

Sun Life Financial: The Asia Expansion Is Better Than I Thought

Aug 13

Sun Life Financial: A Safe, Long-Term Dividend Grower

Apr 21

Sun Life Has Approached Its Fair Value, Still A Solid Income Pick

Jan 17

Sun Life Financial: Neutral Rating Maintained, A 5% Dividend Yield Quick Pick

Nov 01

A Sizzling 4% Dividend Yield At Sun Life, But Valuation Overheated

Jul 24

Sun Life Financial: Growth Consistent With My Original Thesis

Feb 24

Sun Life Financial declares CAD 0.72 dividend

Feb 08

Sun Life unit to be exclusive insurance provider for Dah Sing Bank customers in Hong Kong

Jan 20

Sun Life Financial to redeem $400M of subordinated debentures

Sep 26

CEO Compensation Analysis

How has Kevin Strain's remuneration changed compared to Sun Life Financial's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

CA$4b

Jun 30 2024n/an/a

CA$3b

Mar 31 2024n/an/a

CA$3b

Dec 31 2023CA$11mCA$1m

CA$3b

Sep 30 2023n/an/a

CA$4b

Jun 30 2023n/an/a

CA$3b

Mar 31 2023n/an/a

CA$3b

Dec 31 2022CA$9mCA$1m

CA$3b

Sep 30 2022n/an/a

CA$3b

Jun 30 2022n/an/a

CA$4b

Mar 31 2022n/an/a

CA$4b

Dec 31 2021CA$11mCA$863k

CA$4b

Sep 30 2021n/an/a

CA$4b

Jun 30 2021n/an/a

CA$3b

Mar 31 2021n/an/a

CA$3b

Dec 31 2020CA$5mCA$638k

CA$2b

Sep 30 2020n/an/a

CA$2b

Jun 30 2020n/an/a

CA$2b

Mar 31 2020n/an/a

CA$2b

Dec 31 2019CA$3mCA$623k

CA$3b

Sep 30 2019n/an/a

CA$2b

Jun 30 2019n/an/a

CA$2b

Mar 31 2019n/an/a

CA$2b

Dec 31 2018CA$4mCA$600k

CA$3b

Sep 30 2018n/an/a

CA$2b

Jun 30 2018n/an/a

CA$2b

Mar 31 2018n/an/a

CA$2b

Dec 31 2017CA$5mCA$577k

CA$2b

Compensation vs Market: Kevin's total compensation ($USD7.42M) is below average for companies of similar size in the US market ($USD12.85M).

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

CEO

Kevin Strain (58 yo)

3.8yrs

Tenure

CA$10,649,521

Compensation

Mr. Kevin David Strain, CPA, CA, has been President and Director at Sun Life Financial Inc. since February 15, 2021 and serves as Chief Executive Officer since August 7, 2021. He is Director at Sun Life As...

Leadership Team

NamePositionTenureCompensationOwnership
Kevin Strain
President3.8yrsCA$10.65m0.0086%
$ 2.9m
Daniel Fishbein
President of Sun Life U.S.10.8yrsCA$5.95m0.00085%
$ 290.0k
Jacques Goulet
President of Sun Life Canada6.9yrsCA$5.09m0.00017%
$ 58.0k
Manjit Singh
President of Sun Life Asialess than a yearCA$4.56m0.00022%
$ 75.1k
Timothy Deacon
Executive VP & CFOless than a yearno data0.0039%
$ 1.3m
Laura Money
Executive VP & Chief Technology Innovation Officer2.3yrsno data0.00015%
$ 51.2k
Maya Beri
SVP & Chief Information Officerless than a yearno datano data
David Garg
Senior VP of Capital Management & Investor Relations1.5yrsno datano data
Melissa Kennedy
Executive VP and Chief Legal Officer & Public Policy Officer9.6yrsno data0.0026%
$ 887.1k
Anne Sonnen
Senior VP & Chief Compliance Officer1.4yrsno datano data
Aishling Cullen
Senior Vice President of Corporate Communicationsno datano datano data
Michael Joyce
Executive Vice President of Salesno datano datano data

1.9yrs

Average Tenure

58yo

Average Age

Experienced Management: SLF's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Kevin Strain
President3.8yrsCA$10.65m0.0086%
$ 2.9m
Michael William Roberge
Chairman of MFS Mclean Budden Limited and CEOno datano datano data
Laurie Hylton
Independent Director2yrsCA$304.00kno data
Scott Powers
Independent Chairman9.2yrsCA$490.00k0.000050%
$ 17.1k
M. Harris
Independent Corporate Director11yrsCA$333.00k0.0013%
$ 433.3k
H. Ho
Independent Corporate Director3.6yrsCA$307.00k0.000040%
$ 13.6k
Stephen Peacher
Executive Chair of SLC Managementless than a yearCA$8.31mno data
Deepak Chopra
Independent Corporate Director3.6yrsCA$298.00k0.000040%
$ 13.6k
Stephanie Coyles
Independent Corporate Director7.9yrsCA$333.00k0.0026%
$ 883.7k
Marie-Lucie Morin
Independent Corporate Director3yrsCA$307.00k0.00022%
$ 75.1k
Ashok Gupta
Independent Corporate Director6.6yrsCA$342.00k0.00026%
$ 88.7k
Helen Mallovy-Hicks
Independent Corporate Director3.2yrsCA$298.00k0.000070%
$ 23.9k

3.6yrs

Average Tenure

63yo

Average Age

Experienced Board: SLF's board of directors are considered experienced (3.6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 16:08
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

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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

Sun Life Financial Inc. is covered by 31 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jacob KilsteinArgus Research Company
John EadeArgus Research Company
Ishan MajumdarBaptista Research