Great-West Lifeco's CEO is David Harney, appointed in Jul 2025, has a tenure of less than a year. total yearly compensation is CA$8.24M, comprised of 12.4% salary and 87.6% bonuses, including company stock and options. directly owns 0% of the company’s shares, worth $115.79K. The average tenure of the management team and the board of directors is 2.3 years and 11.6 years respectively.
Key information
David Harney
Chief executive officer
CA$8.2m
Total compensation
CEO salary percentage
12.43%
CEO tenure
less than a year
CEO ownership
0.0002%
Management average tenure
2.3yrs
Board average tenure
11.6yrs
Recent management updates
Recent updates
CEO Compensation Analysis
How has David Harney's remuneration changed compared to Great-West Lifeco's earnings?
Date
Total Compensation
Salary
Company Earnings
Mar 31 2026
n/a
n/a
CA$4b
Dec 31 2025
CA$8m
CA$1m
CA$4b
Sep 30 2025
n/a
n/a
CA$4b
Jun 30 2025
n/a
n/a
CA$4b
Mar 31 2025
n/a
n/a
CA$4b
Dec 31 2024
CA$4m
CA$815k
CA$4b
Sep 30 2024
n/a
n/a
CA$4b
Jun 30 2024
n/a
n/a
CA$4b
Mar 31 2024
n/a
n/a
CA$3b
Dec 31 2023
CA$3m
CA$774k
CA$3b
Sep 30 2023
n/a
n/a
CA$3b
Jun 30 2023
n/a
n/a
CA$3b
Mar 31 2023
n/a
n/a
CA$3b
Dec 31 2022
CA$3m
CA$705k
CA$4b
Compensation vs Market: David's total compensation ($USD5.89M) is below average for companies of similar size in the US market ($USD14.67M).
Compensation vs Earnings: David's compensation has increased by more than 20% in the past year.
CEO
David Harney (57 yo)
less than a year
Tenure
CA$8,240,170
Compensation
Mr. David M. Harney is CEO, President and Director of Great-West Lifeco Inc. from July 1, 2025. Mr. Harney serves as President and Chief Operating Officer of Europe at The Canada Life Assurance Company and...
Leadership Team
Name
Position
Tenure
Compensation
Ownership
David Harney
President
less than a year
CA$8.24m
0.00021% $ 115.8k
Jon Nielsen
EVP & CFO
2.3yrs
CA$6.78m
no data
John Melvin
Executive VP & Chief Investment Officer
less than a year
CA$8.33m
no data
Dervla Tomlin
Executive VP & Chief Risk Officer
3.3yrs
CA$4.24m
0% $ 0
Edmund Murphy
President & CEO of Empower
11.8yrs
CA$25.01m
0.00098% $ 540.3k
Andrew Conrad
Senior Vice President of Corporate Finance & Treasury
no data
no data
no data
Michael Dibden
Executive VP & Chief Information Officer
2.4yrs
no data
0.00014% $ 77.2k
Shubha Khan
SVP & Head of Investor Relations
2yrs
no data
no data
Sharon Geraghty
Executive VP & General Counsel
8.4yrs
CA$3.51m
0.00021% $ 115.8k
Amy Metzger
Senior VP & Chief Compliance Officer
2.3yrs
no data
no data
David Simmonds
Senior VP and Chief Marketing & Communications Officer
4.4yrs
no data
no data
Teresa Kilmartin
Chief Human Resources Officer
less than a year
no data
no data
2.3yrs
Average Tenure
57yo
Average Age
Experienced Management: GRWT.F's management team is considered experienced (2.3 years average tenure).
Board Members
Name
Position
Tenure
Compensation
Ownership
David Harney
President
less than a year
CA$8.24m
0.00021% $ 115.8k
Robert Reynolds
President & CEO of Putnam Investments LLC and Chair of Great West Lifeco U.S. LLC
7.3yrs
no data
no data
Marcel Coutu
Independent Director
19.1yrs
CA$487.50k
0.0011% $ 612.0k
Andre Desmarais
Director
34.2yrs
CA$487.50k
0.039% $ 21.5m
Siim Vanaselja
Independent Director
12.1yrs
CA$426.74k
0.0028% $ 1.5m
Brian Walsh
Independent Director
17.1yrs
CA$742.84k
no data
Paul Desmarais
Director
40.1yrs
CA$255.00k
0.011% $ 6.1m
James O'Sullivan
Director
2.1yrs
CA$470.00k
no data
Robert Orr
Chairman of the Board
23.9yrs
CA$602.50k
0.0022% $ 1.2m
Claude Généreux
Director
11.1yrs
CA$510.00k
0.00013% $ 71.7k
Jake Lawrence
Director
2.1yrs
CA$511.45k
no data
Paula Madoff
Independent Director
8.1yrs
CA$711.45k
no data
11.6yrs
Average Tenure
68yo
Average Age
Experienced Board: GRWT.F's board of directors are seasoned and experienced ( 11.6 years average tenure).
Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2026/06/17 09:10
End of Day Share Price
2026/03/20 00:00
Earnings
2026/03/31
Annual Earnings
2025/12/31
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.
* 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
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 Github.
Analyst Sources
Great-West Lifeco Inc. is covered by 18 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.