Marcel Coutu - Great West Independent Director

GWO Stock  CAD 42.67  0.11  0.26%   

Director

Mr. Marcel Rosaire Coutu serves as an Independent Director of GreatWest Lifeco Inc. Mr. Coutu, Corporationrationrate Director, is the former Chairman of Syncrude Canada Ltd., a Canadian oil sands project and is past President and Chief Executive Officer of Canadian Oil Sands Limited, an oil and gas company. He was previously Senior VicePresident and Chief Financial Officer of Gulf Canada Resources Limited, and prior to that held various positions in the areas of corporate finance, investment banking, and mining and oil and gas exploration and development. Mr. Coutu is a director of GreatWest Life, London Life, Canada Life, GreatWest Financial and Putnam Investments. He is also a director of Power Corporationrationration, IGM Financial Inc., Investors Group Inc., Mackenzie Inc., Brookfield Asset Management Inc., Enbridge Inc. and the Calgary Exhibition and Stampede board. He has also held board positions with Gulf Indonesia Resources Limited, TransCanada Power Limited Partnership and the board of governors of the Canadian Association of Petroleum Producers. Mr. Coutu is a former member of the Association of Professional Engineers, Geologists and Geophysicists of Alberta. since 2007.
Age 65
Tenure 17 years
Address 100 Osborne Street North, Winnipeg, MB, Canada, R3C 1V3
Phone204 946 1190
Webhttps://www.greatwestlifeco.com

Great West Management Efficiency

As of the 25th of May 2024, Return On Equity is likely to grow to 0.15, while Return On Tangible Assets are likely to drop 0. At this time, Great West's Total Assets are very stable compared to the past year. As of the 25th of May 2024, Other Assets is likely to grow to about 616.1 B, while Other Current Assets are likely to drop about 21.2 B. Great West's management efficiency ratios could be used to measure how well Great West manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 435 M in total debt with debt to equity ratio (D/E) of 0.32, which is about average as compared to similar companies. Great West Lifeco has a current ratio of 25.48, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Great West until it has trouble settling it off, either with new capital or with free cash flow. So, Great West's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Great West Lifeco sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Great to invest in growth at high rates of return. When we think about Great West's use of debt, we should always consider it together with cash and equity.

Similar Executives

Found 3 records

DIRECTOR Age

J GardnerGOLDMAN SACHS CDR
N/A
Gregory AbelBerkshire Hathaway CDR
62
Ajit JainBerkshire Hathaway CDR
72
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. Great-West Lifeco Inc. operates as a subsidiary of Power Financial Corporation. GREAT WEST operates under Insurance - Life And Health classification in Canada and is traded on Toronto Stock Exchange. It employs 28000 people. Great West Lifeco (GWO) is traded on Toronto Exchange in Canada and employs 33,500 people. Great West is listed under Life & Health Insurance category by Fama And French industry classification.

Management Performance

Great West Lifeco Leadership Team

Elected by the shareholders, the Great West's board of directors comprises two types of representatives: Great West inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Great. The board's role is to monitor Great West's management team and ensure that shareholders' interests are well served. Great West's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Great West's outside directors are responsible for providing unbiased perspectives on the board's policies.
Douglas Tkach, Senior Vice-President and Chief Internal Auditor
Deborah Barrett, Independent Director
Heather Conway, Independent Director
Robert Reynolds, President LLC
Edmund III, President Retirement
Jeremy Trickett, Senior Vice-President Corporate Secretary and Chief Governance Officer of Lifeco, Great-West Life, London Life and Canada Life
Gordon Menzie, Senior Treasury
Nancy Russell, Senior Vice-President and Chief Internal Auditor of Lifeco, GreatWest, London Life and Canada Life
Philip Armstrong, Executive Vice-President and Global Chief Information Officer
Jeffrey Macoun, Pres Canada
Ross Petersmeyer, Senior Vice-President, Regulatory Affairs of Lifeco, Great-West, London Life and Canada Life
Gregory Tretiak, Independent Director
Dervla Tomlin, Executive Vice-President Chief Actuary of Lifeco, Great-West, London Life and Canada Life
R Orr, Independent Chairman of the Board
Brian Walsh, Independent Director
Sharon Geraghty, Executive Vice-President and Global Chief Investment Officer, Lifeco, Great-West Life, London Life and Canada Life
Siim Vanaselja, Independent Director
Anne Sonnen, Senior Vice-President Chief Compliance Officer of Lifeco, GreatWest, London Life and Canada Life
Paula Madoff, Independent Director
Grace Palombo, Executive Vice-President, Chief Human Resources Officer of Lifeco, Great-West, London Life and Canada Life
Andre Desmarais, Independent Director
Susan McArthur, Independent Director
Jeff Macoun, President and Chief Operating Officer, Canada
Claude Genereux, Independent Director
Arshil Jamal, President and Chief Operating Officer - Europe of Lifeco, Great-West, London Life and Canada Life
T Ryan, Independent Director
Raman CFA, Executive Officer
Michael Amend, Independent Director
Elizabeth Lempres, Independent Director
Garry MacNicholas, Executive Vice-President, Chief Financial Officer of Lifeco, Great-West, London Life and Canada Life
Gary Doer, Independent Director
James Singh, Independent Director
Paul Mahon, CEO and President Director and Member of Executive Committee
Amy Metzger, Senior Officer
Paul Desmarais, Independent Director
Donald Raymond, Independent Director
Edmund Murphy, President and Chief Executive Officer of U.S
Marcel Coutu, Independent Director
Jerome Selitto, Independent Director
David Simmonds, Senior Officer
Graham Bird, Executive Vice-President Chief Risk Officer of Lifeco, Great-West, London Life and Canada Life
Jon Nielsen, Executive Officer
Raman Srivastava, Executive Vice-President and Global Chief Investment Officer, Lifeco, Great-West, London Life and Canada Life
J Jackson, Independent Director
David Fuller, Independent Director
Steven Rullo, Executive Officer

Great Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Great West a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Great West Lifeco. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
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When running Great West's price analysis, check to measure Great West's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Great West is operating at the current time. Most of Great West's value examination focuses on studying past and present price action to predict the probability of Great West's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Great West's price. Additionally, you may evaluate how the addition of Great West to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Great West's value and its price as these two are different measures arrived at by different means. Investors typically determine if Great West is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Great West's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.