Definity Financial Corporation

OTCPK:DFYF.F Stock Report

Market Cap: US$5.3b

Definity Financial Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Rowan Saunders

Chief executive officer

CA$13.6m

Total compensation

CEO salary percentage8.4%
CEO tenure8.4yrs
CEO ownership0.4%
Management average tenure7.2yrs
Board average tenure9.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Rowan Saunders's remuneration changed compared to Definity Financial's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2024CA$14mCA$1m

CA$430m

Sep 30 2024n/an/a

CA$540m

Jun 30 2024n/an/a

CA$387m

Mar 31 2024n/an/a

CA$354m

Dec 31 2023CA$6mCA$1m

CA$350m

Sep 30 2023n/an/a

CA$309m

Jun 30 2023n/an/a

CA$393m

Mar 31 2023n/an/a

CA$244m

Dec 31 2022CA$7mCA$999k

CA$111m

Sep 30 2022n/an/a

-CA$40m

Jun 30 2022n/an/a

-CA$23m

Mar 31 2022n/an/a

CA$98m

Dec 31 2021CA$5mCA$925k

CA$213m

Compensation vs Market: Rowan's total compensation ($USD9.87M) is about average for companies of similar size in the US market ($USD8.90M).

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

CEO

Rowan Saunders (60 yo)

8.4yrs

Tenure

CA$13,635,914

Compensation

Mr. Rowan Saunders, BA, FCIP, CRM, has been the Chief Executive Officer and President at Economical Insurance Group Ltd. since November 01, 2016. He also serves as Chief Executive Officer and President of...

Leadership Team

NamePositionTenureCompensationOwnership
Rowan Saunders
CEO, President & Directorno dataCA$13.64m0.40%
$ 21.5m
Philip Mather
Executive VP & CFO13.5yrsCA$4.00m0.10%
$ 5.5m
Innes Dey
Senior Vice-President of Legal & Strategy7.2yrsCA$2.77m0.095%
$ 5.0m
Fabian Richenberger
Executive Vice-President of Commercial Insurance & Insurance Operations7.9yrsCA$4.90m0.094%
$ 5.0m
Paul MacDonald
Executive Vice President of Personal Insurance & Digital Channels7.3yrsCA$3.46m0.096%
$ 5.1m
Tatjana Lalkovic
Senior VP & CTO3.3yrsno data0.014%
$ 731.0k
Dennis Westfall
Vice-President of Investor Relationsno datano datano data
Sarah Attwells
Assistant Vice President of Corporate Communicationno datano datano data
Brigid Pelino
Senior VP and Chief People & Culture Officer6.5yrsno data0.066%
$ 3.5m
Thomas Reikman
Senior VP & Chief Distribution Officer7.9yrsno data0.045%
$ 2.4m
Donna Ince
Senior VP & Chief Underwriting Officer of Personal Insurance2.6yrsno data0.022%
$ 1.2m
Obaid Rahman
Senior VP & Chief Underwriting Officer of Commercial Insurance2.6yrsno data0.013%
$ 703.9k

7.2yrs

Average Tenure

56.5yo

Average Age

Experienced Management: DFYF.F's management team is seasoned and experienced (7.2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Rowan Saunders
CEO, President & Director8.4yrsCA$13.64m0.40%
$ 21.5m
Elizabeth DelBianco
Independent Director12.1yrsCA$220.00k0.025%
$ 1.3m
Robert McFarlane
Independent Director5.4yrsCA$216.67k0.025%
$ 1.3m
Daniel Fortin
Independent Director10.5yrsCA$211.67k0.020%
$ 1.1m
Michael Stramaglia
Independent Director15yrsCA$208.33k0.012%
$ 635.8k
John Bowey
Independent Chairman13.9yrsCA$380.00k0.054%
$ 2.9m
Richard Freeborough
Independent Director13.2yrsCA$203.33k0.024%
$ 1.3m
Micheal Kelly
Independent Director10yrsCA$220.00k0.0052%
$ 275.6k
J. Monteith
Independent Director7.3yrsCA$200.04k0.020%
$ 1.1m
Edouard Schmid
Independent Director3.3yrsCA$200.00kno data
Sabrina Geremia
Independent Director3.1yrsCA$190.00kno data
Adrian Mitchell
Independent Director3.1yrsno datano data

9.2yrs

Average Tenure

64yo

Average Age

Experienced Board: DFYF.F's board of directors are considered experienced (9.2 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/23 16:23
End of Day Share Price 2025/04/15 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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.

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 Github.

Analyst Sources

Definity Financial Corporation is covered by 14 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
John AikenBarclays
Tom MacKinnonBMO Capital Markets Equity Research
Paul HoldenCIBC Capital Markets