POW.TO - Power Corporation of Canada

Toronto - Toronto Delayed Price. Currency in CAD

Power Corporation of Canada

751 Victoria Square
Montréal, QC H2Y 2J3
Canada
514-286-7400
http://www.powercorporation.com

SectorFinancial Services
IndustryInsurance - Life
Full Time Employees30,484

Key Executives

NameTitlePayExercisedYear Born
Mr. Paul Guy Desmarais Jr., Jr., O.C., O.Q.Chairman & Co-CEO1.5MN/A1954
Mr. André Roger Desmarais O.C., O.Q.Deputy Chairman, Co-CEO & Pres1.7MN/A1957
Mr. Gregory Dennis Tretiak FCAExec. VP & CFO784.8kN/A1956
Mr. Claude GénéreuxExec. Vice-Pres418.27kN/A1962
Mr. Robert Jeffrey OrrDirector, CEO of Power Financial Corp. and Pres of Power Financial Corp.62kN/A1959
Amounts are as of December 31, 2016 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 a diversified international management and holding company with interests primarily in the financial services, sustainable and renewable energy, asset management, communications, and other business sectors in North America, Europe, and Asia. The company operates through Lifeco, IGM Financial, and Pargesa segments. It offers life, health, and reinsurance products and services, as well as retirement and investment, and asset management services; annuities, executive benefits, and mortgage products; wealth management products and services; institutional investment solutions; and pension and investment products. The company also manages and distributes mutual funds and other managed asset products; and offers investment advisory and related services. In addition, it owns La Presse, the French-language news media providing content on various platforms, such as digital, Website, and smartphones; generates renewable energy through solar and wind facilities; manufactures specification-grade LED lighting solutions; and operates equity investment funds, as well as provides healthcare services. Further, it holds interests in various sectors, such as specialty minerals; cement, aggregates, and concrete; inspection, verification, testing, and certification; sporting goods; wines and spirits; precious metals recycling; oil, gas, and chemical; disposable hygiene products; equipment supply and project management; and leisure parks. The company was founded in 1925 and is based in Montréal, Canada. Power Corporation of Canada is a subsidiary of Pansolo Holding Inc.

Corporate Governance

Power Corporation of Canada’s ISS Governance QualityScore as of May 1, 2018 is 10. The pillar scores are Audit: 3; Board: 9; Shareholder Rights: 10; Compensation: 8.

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.