David McKay - Royal Bank President, Chief Executive Officer, Director

RY Stock  USD 125.08  0.01  0.01%   

CEO

Mr. David I. McKay is President, Chief Executive Officer, Director of the Company. Prior to his appointment in 2014, he was group head, Personal Commercial Banking from 2012 to 2014 and group head, Canadian Banking from 2008 to 2012. Mr. McKay started his career at RBC in 1988 and has held progressively senior roles since then. He serves on the Board of Trustees for the Hospital for Sick Children and is a member of the Catalyst Canada advisory board and the Business Council of Canada. He is also industry cochair of the Business Higher Learning Roundtable since 2014.
Age 61
Tenure 10 years
Professional MarksMBA
Address Royal Bank Plaza, Toronto, ON, Canada, M5J 2J5
Phone888 212 5533
Webhttps://www.rbc.com
McKay holds an M.B.A. from the Richard Ivey School of Business at Western University and a Bachelor of Mathematics from the University of Waterloo.

Royal Bank Management Efficiency

At this time, Royal Bank's Return On Capital Employed is fairly stable compared to the past year. Return On Equity is likely to rise to 0.12 in 2024, whereas Return On Tangible Assets are likely to drop 0.01 in 2024. At this time, Royal Bank's Non Current Assets Total are fairly stable compared to the past year. Intangibles To Total Assets is likely to rise to 0.01 in 2024, whereas Total Assets are likely to drop slightly above 10.1 B in 2024. Royal Bank's management efficiency ratios could be used to measure how well Royal Bank manages its routine affairs as well as how well it operates its assets and liabilities.
Royal Bank of reports 439.35 B of total liabilities with total debt to equity ratio (D/E) of 15.61, which implies that the company may not be able to produce enough cash to satisfy its debt commitments. Note however, debt could still be an excellent tool for Royal to invest in growth at high rates of return.

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Royal Bank of Canada operates as a diversified financial service company worldwide. The company was founded in 1864 and is headquartered in Toronto, Canada. Royal Bank is traded on New York Stock Exchange in the United States. Royal Bank of (RY) is traded on New York Stock Exchange in USA. It is located in Royal Bank Plaza, Toronto, ON, Canada, M5J 2J5 and employs 96,165 people. Royal Bank is listed under Diversified Banks category by Fama And French industry classification.

Management Performance

Royal Bank Leadership Team

Elected by the shareholders, the Royal Bank's board of directors comprises two types of representatives: Royal Bank inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Royal. The board's role is to monitor Royal Bank's management team and ensure that shareholders' interests are well served. Royal Bank'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, Royal Bank's outside directors are responsible for providing unbiased perspectives on the board's policies.
Amy Cairncross, Senior Communications
Katherine Gibson, Interim Controller
Jacynthe Cote, Independent Director
Gay Mitchell, Deputy Management
Cynthia Devine, Independent Director
Bruce Ross, Group Head of Technology and Operations
Helena Gottschling, Chief Human Resource Officer
Andrew Chisholm, Independent Director
Matthew Stopnik, Head Banking
Wayne Bossert, Deputy Management
Kelly Bradley, Chief Officer
Maryann Turcke, Independent Director
Maria Douvas, Chief Legal Officer
Mark Preston, Head Europe
Michael Dobbins, Group Head - RBC Ventures and Corporate Development
Roberta Jamieson, Independent Director
Kelly Pereira, Chief Officer
David Denison, Independent Director
Derek CFA, Group Markets
Greg Grice, Executive Services
Thierry Vandal, Independent Director
Pierre Sigrist, Chief Management
Heather MunroeBlum, Independent Director
Kathleen Taylor, Non-Executive Chairman of the Board
Christoph Knoess, Chief Administrative Officer and Strategy Officer
Asim Imran, VP Relations
Jeffery Yabuki, Independent Director
Frank Vettese, Independent Director
Neil McLaughlin, Group Head - Personal, Commercial Banking and RBC Ventures
David McKay, President, Chief Executive Officer, Director
Nadine Ahn, Chief Financial Officer
Leslie Glass, Head Markets
Michael McCain, Independent Director
Rod Bolger, Executive Vice President - Finance, Controller
Douglas Guzman, Group Head, Wealth Management, Insurance and Investor & Treasury Services
Derek Neldner, Group Head and Chief Executive Officer - Capital Markets
Bridget Kralingen, Independent Director
Toos Daruvala, Independent Director
Alice Laberge, Independent Director
Graeme Hepworth, Deputy Chief Risk Officer

Royal Stock Performance Indicators

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