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Power Corporation of Canada (POW.TO)

Toronto - Toronto Real Time Price. Currency in CAD
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33.84+0.36 (+1.08%)
At close: 04:00PM EST

Power Corporation of Canada

751 Victoria Square
Montreal, QC H2Y 2J3
Canada

https://www.powercorporation.com

Sector(s)Financial Services
IndustryInsurance—Life
Full Time Employees

Key Executives

NameTitlePayExercisedYear Born
Mr. Robert Jeffrey OrrPres, CEO & Director5.07MN/A1959
Mr. Gregory Dennis Tretiak FCAExec. VP & CFO3.76MN/A1956
Mr. Claude GenereuxExec. Vice-Pres3.8MN/A1962
Mr. Richard PanHead of Corp. Fin. & VPN/AN/AN/A
Mr. Luc Reny ASC, C.F.A., CFAVice-Pres of HR & Admin.N/AN/AN/A
Mr. Stéphane LemayVP, Gen. Counsel & Sec.N/AN/A1968
Mr. Amaury-Daniel de Seze CFPVice ChairmanN/AN/A1946
Mr. Michel Plessis-Bélair F.C.A., FCA, FCPAVice ChairmanN/AN/A1943
Mr. Olivier Andre DesmaraisSr. Vice-PresN/AN/A1983
Mr. Paul Guy Desmarais IIISr. Vice-PresN/AN/A1982
Amounts are as of December 31, 2021 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in CAD.

Description

Power Corporation of Canada operates as an international management and holding company in North America, Europe, and Asia. It operates through Lifeco, IGM Financial, and GBL segments. The company offers life, disability, critical illness, accidental death, dismemberment, health and dental protection, and creditor insurance; retirement and investment management; asset management; and reinsurance and retrocession; investment advisory, financial planning, and related services; and fund, protection, and wealth management services. It also provides employer-sponsored defined contribution plan, individual retirement account and drawdown, enrollment, communication material, investment option, and education services, as well as taxable brokerage accounts; private label recordkeeping and administrative services; payout annuities, equity release mortgages, life bonds, mortgage, securities, pension, private equity, debt and thematic fund, and financial services; and investment products, such as equity, fixed income, absolute return and alternative strategies, exchange traded funds, trust funds, and model-based separately managed accounts and portfolios. In addition, the company holds interests in various businesses, such as mineral-based specialty solutions; testing, inspection, and certification; cement, aggregates, and concrete; wines and spirits; sportswear and sports equipment design and distribution; materials technology and recycling of precious metals; disposable hygiene products; Atlantic salmon; customer experience and business process outsourcing; regional leisure parks; mobile game development and publishing; and bicycle manufacturing. Further, it generates renewable energy through solar and wind facilities; and designs, develops, and manufactures specification-grade LED solutions and zero-emission vehicles. The company was incorporated in 1925 and is based in Montréal, Canada. Power Corporation of Canada operates as a subsidiary of Pansolo Holding Inc.

Corporate Governance

Power Corporation of Canada’s ISS Governance QualityScore as of October 1, 2022 is 10. The pillar scores are Audit: 7; Board: 8; Shareholder Rights: 10; Compensation: 4.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.