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Great-West Lifeco Inc. (GWLIF)

Other OTC - Other OTC Delayed price. Currency in USD
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25.35+0.94 (+3.85%)
At close: 10:14AM EDT

Great-West Lifeco Inc.

100 Osborne Street North
Winnipeg, MB R3C 1V3
Canada

https://www.greatwestlifeco.com

Sector(s):Β Financial Services
Industry:Β Insuranceβ€”Life
Full-time employees:Β 28,000

Key executives

NameTitlePayExercisedYear born
Mr. Paul Anthony MahonPres, CEO & Director3.52M241.18k1964
Mr. Garry MacNicholasExec. VP & CFO1.1M366.44kN/A
Mr. Raman Srivastava CFAExec. VP & Global Chief Investment Officer1.34MN/AN/A
Mr. Arshil JamalPres & Group Head of Strategy, Investments, Reinsurance and Corp. Devel.1.16M50.44kN/A
Mr. Jeffrey F. MacounPres & COO for Canada1.07M129.05kN/A
Mr. Edmund Francis Murphy IIIPres & CEO of Empower Retirement5.36MN/A1962
Mr. Gordon Patrick MenzieSr. Vice-Pres of Corp. Fin. & TreasuryN/AN/AN/A
Ms. Anne C. SonnenSr. VP & Chief Compliance OfficerN/AN/AN/A
Ms. Sharon C. GeraghtyExec. VP & Gen. CounselN/AN/AN/A
Mr. David SimmondsSr. VP and Chief Communications & Sustainability OfficerN/AN/AN/A
Amounts are as of 31 December 2021, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Great-West Lifeco Inc., a financial services holding company, engages in the life and health insurance, retirement and investment services, asset management, and reinsurance businesses in Canada, the United States, and Europe. The company offers a portfolio of financial and benefit plan solutions for individuals, families, businesses, and organizations; life, disability, critical illness, accidental death, dismemberment, health and dental protection, and creditor insurance products; and retirement savings and income, annuity, and other specialty products. It also provides employer-sponsored retirement savings plans, individual retirement and taxable brokerage accounts, enrollment services, communication materials, investment options, and education services; and fund management, investment, and advisory services. In addition, the company offers private-label recordkeeping and administrative services; and investment products, including equity, fixed income, absolute return, and alternative strategies. Further, it provides protection and wealth management products, including payout annuity products; pension products; and life, annuity/longevity, mortgage surety, and property catastrophe reinsurance products. The company offers its products under the Canada Life, Irish Life, Empower, Putnam Investments, and PanAgora brand names. It distributes its products through a network of advisors, dealers, brokers, managing general agencies, financial institutions, consultants, third-party administrators, sales force, financial planners, employee benefit consultants, banks, and multi-tied agents. The company was founded in 1891 and is based in Winnipeg, Canada. Great-West Lifeco Inc. operates as a subsidiary of Power Financial Corporation.

Corporate governance

Great-West Lifeco Inc.’s ISS governance QualityScore as of 1 July 2022 is 10. The pillar scores are Audit: 6; Board: 9; Shareholder rights: 10; Compensation: 6.

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 10 indicates higher governance risk.