PWF.TO - Power Financial Corporation

Toronto - Toronto Delayed Price. Currency in CAD

Power Financial Corporation

751 Victoria Square
Montréal, QC H2Y 2J3
Canada
514-286-7430
http://www.powerfinancial.com

SectorFinancial Services
IndustryInsurance - Life
Full Time Employees28,000

Key Executives

NameTitlePayExercisedYear Born
Mr. André Roger Desmarais O.C., O.Q.Exec. Co-Chairman4.48MN/A1957
Mr. Paul Guy Desmarais Jr., Jr., O.C., O.Q.Exec. Co-Chairman1.38MN/A1954
Mr. Robert Jeffrey OrrPres, CEO & Director14.46MN/A1959
Mr. Gregory Dennis Tretiak FCAExec. VP & CFO3.11MN/A1956
Mr. Claude GénéreuxExec. VP6.27MN/A1962
Amounts are as of December 31, 2018 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 Financial Corporation provides financial services in Canada, the United States, Europe, and Asia. It offers life, disability, critical illness, and health insurance products, as well as wealth savings and income products, and specialty products. The company also provides financial products, including employer-sponsored defined contribution plans, individual retirement accounts, enrollment services, communication materials, investment options and education services, fund management services, and investment and advisory services. In addition, it offers protection and wealth management products, such as payout annuity products; reinsurance products; and sub-advisory services. Further, the company provides mutual funds, pooled funds, segregated funds, separate accounts, and other investment vehicles; securities, mortgages, and other financial services; and investment management services. It offers its products primarily through distribution network of third-party financial advisors, consultants, and independent financial advisors. The company was founded in 1984 and is based in Montréal, Canada. Power Financial Corporation is a subsidiary of Power Corporation of Canada.

Corporate Governance

Power Financial Corporation’s ISS Governance QualityScore as of July 29, 2019 is 9. The pillar scores are Audit: 1; Board: 10; Shareholder Rights: 7; Compensation: 9.

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.