Michael McCain - Royal Bank Independent Director

RY Stock  USD 125.09  3.30  2.71%   

Director

Mr. Michael H. McCain serves as an Independent Director of the Company. Mr. McCain is president and chief executive officer of Maple Leaf Foods Inc. . He is a director of McCain Capital Inc., Maple Leaf Foods Inc., the MaRS Discovery District Board and the Centre for Addiction and Mental Health Foundation. He is a member of the Business Council of Canada, serves as honorary chairman of the Maple Leaf Centre for Action on Food Security and is on the advisory board of the Richard Ivey School of Business at Western University since 2005.
Age 60
Tenure 19 years
Address Royal Bank Plaza, Toronto, ON, Canada, M5J 2J5
Phone888 212 5533
Webhttps://www.rbc.com
McCain holds a Bachelor of Business Administration from Western University.

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.

Similar Executives

Showing other executives

DIRECTOR Age

Thomas WoodsBank of America
68
Charles DallaraBank of Nova
70
Diana TaylorCitigroup
66
Maria MorrisWells Fargo
58
Denise RamosBank of America
64
Celeste ClarkWells Fargo
67
Brent BelzbergCanadian Imperial Bank
68
Mark ChancyWells Fargo
56
Theodore CraverWells Fargo
69
Stephen BurkeJPMorgan Chase Co
62
Amy BrinkleyToronto Dominion Bank
65
Ellen CostelloCitigroup
66
Mellody HobsonJPMorgan Chase Co
52
Luc DesjardinsCanadian Imperial Bank
68
Benita WarmboldBank of Nova
62
Pierre WeckBank of America
70
Robert YostBank of America
73
Irene MillerToronto Dominion Bank
68
Duncan HennesCitigroup
64
Sophie BrochuBank of Montreal
57
Michael WhiteBank of America
69
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
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

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 Royal Bank 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Royal Stock Analysis

When running Royal Bank's price analysis, check to measure Royal Bank'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 Royal Bank is operating at the current time. Most of Royal Bank's value examination focuses on studying past and present price action to predict the probability of Royal Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Royal Bank's price. Additionally, you may evaluate how the addition of Royal Bank to your portfolios can decrease your overall portfolio volatility.