Daniel Daviau - Canaccord Genuity CEO

CF Stock  CAD 10.58  0.33  3.22%   

CEO

Mr. Daniel J. Daviau serves as President, Chief Executive Officer, Executive Director of the Company. He was appointed President and Chief Executive Officer and a director of the Company and Chief Executive Officer of Canaccord Genuity Corporationration effective on October 1, 2015. Mr. Daviau served as President of Canaccord Genuitys North American capital markets business from February 2015. From 2012 to 2015, he was President of the firms US capital markets business, where he helped to structure the firms investment banking, research, sales and trading operations in the region and improve crossborder capabilities. From 2010 to 2012, Mr. Daviau was Head of Investment Banking for Canaccord Genuity. Before the CanaccordGenuity merger that was announced in 2010, Mr. Daviau was a Principal and Founder of Genuity Capital Markets, where he held a variety of senior roles since 2005. Before 2005, Mr. Daviau was CoHead of Investment Banking at CIBC World Markets, a firm he joined in 1991. While at CIBC World Markets, Mr. Daviau also served as the Head of the Media and Telecommunications Group since 2000 and Head of the Technology Investment Banking Group in Canada since 1997. Having started his career as a securities lawyer with Goodman Co., Mr. Daviau has extensive experience in a broad range of financing transactions and MA assignments. Mr. Daviau is based in Toronto, Canada. He holds an MBA from York University, an LL.B. from Osgoode HallYork University and a B.A. from the University of Western Ontario. Mr. Daviau is not currently a director of any other public companies. since 2015.
Age 60
Tenure 9 years
Professional MarksMBA
Address 609 Granville Street, Vancouver, BC, Canada, V7Y 1H2
Phone604 643 7300
Webhttps://www.canaccordgenuity.com
Daviau is based in Toronto, Canada. He holds an MBA from York University, an LL.B. from Osgoode Hall/York University and a B.A. from the University of Western Ontario.

Canaccord Genuity Management Efficiency

The company has return on total asset (ROA) of 0.0102 % which means that it generated a profit of $0.0102 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0462 %, meaning that it generated $0.0462 on every $100 dollars invested by stockholders. Canaccord Genuity's management efficiency ratios could be used to measure how well Canaccord Genuity manages its routine affairs as well as how well it operates its assets and liabilities. As of the 26th of November 2024, Return On Capital Employed is likely to grow to 0.19, though Return On Tangible Assets are likely to grow to (0). At this time, Canaccord Genuity's Non Current Assets Total are very stable compared to the past year. As of the 26th of November 2024, Intangibles To Total Assets is likely to grow to 0.15, while Total Assets are likely to drop about 4.2 B.
Canaccord Genuity Group has accumulated 1.1 B in total debt with debt to equity ratio (D/E) of 0.34, which is about average as compared to similar companies. Canaccord Genuity has a current ratio of 1.11, suggesting that it is in a questionable position to pay out its financial obligations in time and when they become due. Debt can assist Canaccord Genuity until it has trouble settling it off, either with new capital or with free cash flow. So, Canaccord Genuity'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 Canaccord Genuity sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Canaccord to invest in growth at high rates of return. When we think about Canaccord Genuity's use of debt, we should always consider it together with cash and equity.

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Canaccord Genuity Group Inc., a full-service financial services company, provides investment solutions, and brokerage and investment banking services to individual, institutional, corporate, and government clients. Canaccord Genuity Group Inc. was founded in 1950 and is headquartered in Vancouver, Canada. CANACCORD GENUITY operates under Capital Markets classification in Canada and is traded on Toronto Stock Exchange. Canaccord Genuity Group (CF) is traded on Toronto Exchange in Canada and employs 2,831 people. Canaccord Genuity is listed under Investment Banking & Brokerage category by Fama And French industry classification.

Management Performance

Canaccord Genuity Leadership Team

Elected by the shareholders, the Canaccord Genuity's board of directors comprises two types of representatives: Canaccord Genuity inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Canaccord. The board's role is to monitor Canaccord Genuity's management team and ensure that shareholders' interests are well served. Canaccord Genuity'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, Canaccord Genuity's outside directors are responsible for providing unbiased perspectives on the board's policies.
Sally Tennant, Independent Director
Donald MacFayden, Chief Financial Officer, Executive Vice President
Kalpana Desai, Independent Director
Patrick Burke, President - Capital Markets, Canaccord Genuity Corp. (Canada)
George Garnett, Director Finance
Michel Perera, Chief Officer
Dipesh Shah, Independent Director
Mark Whaling, Global Head of Sales and Trading
Daniel Daviau, President, Chief Executive Officer, Executive Director
Terrence Lyons, Lead Independent Director
Adrian Pelosi, Executive Vice President Chief Risk Officer, Treasurer
Dimitri Prouvost, VP
David Esfandi, Chief Executive Officer - Canaccord Genuity Wealth Management Limited (U.K.)
Jeffrey CFA, Pres LLC
Charles Bralver, Independent Director
Martin MacLachlan, General Counsel, Corporate Secretary
Donald CPA, Executive CFO
Jeff Barlow, President, Canaccord Genuity Inc (US).
Marcus Freeman, Managing Director & Chief Executive Officer, Canaccord Genuity (Australia) Limited
Nicholas Russell, Interim Chief Executive Officer of Canaccord Genuity Limited, Chief Financial Officer of Canaccord Genuity Limited
Gregory Sourd, Director
Olivier Dardel, Head Office
Edward Hirst, Managing Banking
Michael Harris, Independent Director
Christina Marinoff, Vice President - Investor Relations & Communications
David Kassie, Executive Chairman of the Board
CA CFE, Chief VP
Andrew Viles, Executive Vice President and Chief Legal Officer
Fera Jeraj, Chief Officer
Merri Jones, Independent Director
Stuart Raftus, Chief Administrative Officer, Canaccord Genuity Group Inc. President, Canaccord Genuity Wealth Management (Canada)

Canaccord 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 Canaccord Genuity 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.

Pair Trading with Canaccord Genuity

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Canaccord Genuity position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Canaccord Genuity will appreciate offsetting losses from the drop in the long position's value.

Moving together with Canaccord Stock

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Moving against Canaccord Stock

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The ability to find closely correlated positions to Canaccord Genuity could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Canaccord Genuity when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Canaccord Genuity - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Canaccord Genuity Group to buy it.
The correlation of Canaccord Genuity is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Canaccord Genuity moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canaccord Genuity moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Canaccord Genuity can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Canaccord Stock

Canaccord Genuity financial ratios help investors to determine whether Canaccord Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Canaccord with respect to the benefits of owning Canaccord Genuity security.