Donald Raymond - Great West Independent Director
| GWO Stock | CAD 50.22 0.43 0.86% |
Director
Mr. Donald Michael Raymond Ph.D., CFA is Independent Director of the Company. Mr. Raymond is Managing Partner and Chief Investment Officer at Alignvest Management Corporation and Alignvest Investment Management Corporationrationration, alternative investment management firms, positions he has held since 2014. He was previously Chief Investment Strategist, Head of Total Portfolio Management, at the Canada Pension Plan Investment Board from 2010 to 2014 and Senior VicePresident, Head of Public Market Investments from 2001 to 2010. Mr. Raymond is a director of GreatWest Life, London Life and Canada Life. He is Chair of the board of trustees of Queens University and is also an Adjunct Professor of Finance and Chair Emeritus of the International Centre for Pension Management at the University of Torontos Rotman School of Management. He is also a member of the Investment and Risk Advisory Panel of the Monetary Authority of Singapore since 2017.
| Age | 57 |
| Tenure | 7 years |
| Professional Marks | Ph.D |
| Address | 100 Osborne Street North, Winnipeg, MB, Canada, R3C 1V3 |
| Phone | 204 946 1190 |
| Web | https://www.greatwestlifeco.com |
Great West Management Efficiency
As of the 26th of November 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 Fixed Asset Turnover is very stable compared to the past year. 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.Similar Executives
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Management Performance
| Return On Equity | 0.13 | ||||
| Return On Asset | 0.0071 |
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.
| Deborah Barrett, Independent Director | ||
| Robert Reynolds, President LLC | ||
| Nancy Russell, Senior Vice-President and Chief Internal Auditor of Lifeco, GreatWest, London Life and Canada Life | ||
| Jeffrey Macoun, Pres Canada | ||
| Dervla Tomlin, Executive Vice-President Chief Actuary of Lifeco, Great-West, London Life and Canada Life | ||
| R Orr, Independent Chairman of the Board | ||
| Andre Desmarais, Independent Director | ||
| Claude Genereux, Independent Director | ||
| Raman CFA, Executive Officer | ||
| 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 | ||
| Paul Desmarais, Independent Director | ||
| Edmund Murphy, President and Chief Executive Officer of U.S | ||
| David Simmonds, Senior Officer | ||
| Graham Bird, Executive Vice-President Chief Risk Officer of Lifeco, Great-West, London Life and Canada Life | ||
| Raman Srivastava, Executive Vice-President and Global Chief Investment Officer, Lifeco, Great-West, London Life and Canada Life | ||
| Steven Rullo, Executive Officer | ||
| Douglas Tkach, Senior Vice-President and Chief Internal Auditor | ||
| Heather Conway, Independent Director | ||
| 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 | ||
| Shubha Khan, SVP Relations | ||
| Philip Armstrong, Executive Vice-President and Global Chief Information Officer | ||
| Ross Petersmeyer, Senior Vice-President, Regulatory Affairs of Lifeco, Great-West, London Life and Canada Life | ||
| Gregory Tretiak, Independent Director | ||
| 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 | ||
| Susan McArthur, Independent Director | ||
| Jeff Macoun, President and Chief Operating Officer, Canada | ||
| Andrew Conrad, Senior Treasury | ||
| Arshil Jamal, President and Chief Operating Officer - Europe of Lifeco, Great-West, London Life and Canada Life | ||
| T Ryan, Independent Director | ||
| Michael Dibden, Executive Officer | ||
| Michael Amend, Independent Director | ||
| Amy Metzger, Senior Officer | ||
| Donald Raymond, Independent Director | ||
| Marcel Coutu, Independent Director | ||
| Jerome Selitto, Independent Director | ||
| Jon Nielsen, Executive Officer | ||
| J Jackson, Independent Director | ||
| David Fuller, Independent Director |
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.
| Return On Equity | 0.13 | ||||
| Return On Asset | 0.0071 | ||||
| Profit Margin | 0.11 % | ||||
| Operating Margin | 0.15 % | ||||
| Current Valuation | 49.31 B | ||||
| Shares Outstanding | 931.2 M | ||||
| Shares Owned By Insiders | 70.69 % | ||||
| Shares Owned By Institutions | 11.79 % | ||||
| Number Of Shares Shorted | 10.47 M | ||||
| Price To Earning | 10.16 X |
Pair Trading with Great West
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 Great West 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 Great West will appreciate offsetting losses from the drop in the long position's value.Moving together with Great Stock
The ability to find closely correlated positions to Great West could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Great West 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 Great West - 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 Great West Lifeco to buy it.
The correlation of Great West 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 Great West moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Great West Lifeco 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 Great West 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.Other Information on Investing in Great Stock
Great West financial ratios help investors to determine whether Great 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 Great with respect to the benefits of owning Great West security.