Beth Wilson - IGM Financial Independent Director

IGM Stock  CAD 46.68  0.19  0.41%   

Director

Ms. Beth Wilson is Independent Director of the Company. Ms. Wilson is Dentons Canada LLPs Chief Executive Officer and a member of the global leadership team, serving on the Global Board and Global Management Committee. She has held this position since July 2017. Prior to this role, Ms. Wilson was an audit partner at KPMG from 2000 to 2016 and served as Managing Partner at KPMG in the Greater Toronto Area from 2009 to 2016. Between 2005 and 2016, Ms. Wilson also served as a member of KPMGs Management Committee in various leadership positions, including Canadian Managing Partner Community Leadership, Canadian Managing Partner Regions and Enterprise with responsibility for 24 regional offices across Canada and Chief Human Resources Officer. Ms. Wilson is currently a Trustee at The Hospital For Sick Children, a Governor and the Audit Committee Chair at Trinity College School, a Director at Woodgreen Foundation and a Director at Toronto CivicAction. She has previously been a Director and Chair of the Toronto Region Board of Trade, Director and ViceChair at the National Ballet of Canada, and a Trustee for the Ontario Science Centre. Ms. Wilson was appointed Fellow by the Ontario Institute of Chartered Accountants in 2004. She was awarded the Margot Franssen Leadership Award by MicroSkills in 2013, and the YWCA Women of Distinction Award in 2015. She was also named as one of WXN Top 100 Most Powerful Women in 2008 and 2011 and one of the top 25 Canadian Women of Influence in 2014. since 2018.
Age 50
Tenure 7 years
Address 447 Portage Avenue, Winnipeg, MB, Canada, R3B 3H5
Phone204 943 0361
Webhttps://www.igmfinancial.com

IGM Financial Management Efficiency

The company has return on total asset (ROA) of 0.0459 % which means that it generated a profit of $0.0459 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1265 %, meaning that it generated $0.1265 on every $100 dollars invested by stockholders. IGM Financial's management efficiency ratios could be used to measure how well IGM Financial manages its routine affairs as well as how well it operates its assets and liabilities. At this time, IGM Financial's Return On Tangible Assets are very stable compared to the past year. As of the 31st of January 2025, Return On Capital Employed is likely to grow to 0.14, while Return On Equity is likely to drop 0.19. At this time, IGM Financial's Return On Tangible Assets are very stable compared to the past year. As of the 31st of January 2025, Intangibles To Total Assets is likely to grow to 0.35, while Other Assets are likely to drop about 319.4 M.
IGM Financial has accumulated 7.26 B in total debt with debt to equity ratio (D/E) of 0.47, which is about average as compared to similar companies. IGM Financial has a current ratio of 3.12, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist IGM Financial until it has trouble settling it off, either with new capital or with free cash flow. So, IGM Financial'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 IGM Financial sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for IGM to invest in growth at high rates of return. When we think about IGM Financial's use of debt, we should always consider it together with cash and equity.

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IGM Financial Inc. operates as a wealth and asset management company in Canada. IGM Financial Inc. is a subsidiary of Power Financial Corporation. IGM FINANCIAL operates under Asset Management classification in Canada and is traded on Toronto Stock Exchange. It employs 3300 people. IGM Financial (IGM) is traded on Toronto Exchange in Canada and employs 38 people. IGM Financial is listed under Asset Management & Custody Banks category by Fama And French industry classification.

Management Performance

IGM Financial Leadership Team

Elected by the shareholders, the IGM Financial's board of directors comprises two types of representatives: IGM Financial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of IGM. The board's role is to monitor IGM Financial's management team and ensure that shareholders' interests are well served. IGM Financial'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, IGM Financial's outside directors are responsible for providing unbiased perspectives on the board's policies.
Cynthia Currie, Chief Human Resource Officer, Executive Vice President
Christopher Reynolds, Vice-Chairman, President and Chief Executive Officer - Investment Planning Counsel
Douglas Milne, Executive Vice President Chief Marketing and Strategy Officer
Herpreet Lamba, Senior Services
Sharon Hodgson, Independent Director
Todd Asman, Executive Vice-President, Products and Financial Planning, IG Wealth Management
Sharon MacLeod, Independent Director
Tony Elavia, Chief Investment Officer of Mackenzie Investments and Executive Vice-President of Mackenzie Investments
Gregory Tretiak, Independent Director
R Orr, Independent Chairman of the Board
Susan Doniz, Independent Director
Blaine Shewchuk, Executive Vice President, Chief Strategy & Corporate Development Officer, IGM Financial
Keith Potter, Executive CFO
Kristin Ashcroft, Executive Investments
Andre Desmarais, Independent Director
Susan McArthur, Independent Director
Claude Genereux, Independent Director
Jeffrey CFA, Advisor
Michael Dibden, Chief Operating Officer
Beth Wilson, Independent Director
Claude Paquin, President Quebec
Rhonda Goldberg, Senior Vice President - Client and Regulatory Affairs
Gary Doer, Independent Director
Luke CFA, President Investments
James OSullivan, CEO President
Paul Desmarais, Independent Director
John McCallum, Independent Director
Marcel Coutu, Independent Director
Marc Bibeau, Independent Director
Damon Murchison, Senior Vice President Head of Retail Distribution, Mackenzie Investments
Nancy McCuaig, Executive COO
Barry McInerney, President, Chief Executive Officer of Mackenzie Investments
Kelly Hepher, Executive Officer
Mark Kinzel, Executive Vice President - Financial Services of Investors Group Inc.
Luke Gould, Senior Vice-President - Finance and CFO, Investors Group Inc. and Mackenzie Inc.
Charles McDevitt, Executive Vice President - Strategy Execution Office
Jeffrey Carney, President, Chief Executive Officer, Director
Sam Burns, Executive Officer

IGM 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 IGM Financial 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 IGM Financial

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 IGM Financial 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 IGM Financial will appreciate offsetting losses from the drop in the long position's value.

Moving together with IGM Stock

  0.75RY Royal BankPairCorr
The ability to find closely correlated positions to IGM Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IGM Financial 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 IGM Financial - 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 IGM Financial to buy it.
The correlation of IGM Financial 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 IGM Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if IGM Financial 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 IGM Financial 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 IGM Stock

IGM Financial financial ratios help investors to determine whether IGM 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 IGM with respect to the benefits of owning IGM Financial security.