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United Kingdom

Laurentian Bank of Canada (LB.TO)

LB.TO on Toronto Stock Exchange

44.70CAD
20 Sep 2018
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Summary

Name Age Since Current Position

Isabelle Courville

55 2013 Independent Chairman of the Board

Francois Desjardins

47 2015 President, Chief Executive Officer, Director

Francois Laurin

2015 Chief Financial Officer, Executive Vice President

Deborah Rose

2018 Chief Operating Officer, Chief Information Officer

Liam Mason

2018 Executive Vice President, Chief Risk Officer

Craig Backman

2018 Executive Vice President - Personal Digital Banking Laurentian Bank Financial Group

Stephane Therrien

2015 Executive Vice-President, Personal & Commercial Banking, Laurentian Bank and President and Chief Executive Officer, LBC Financial Services

Michel Trudeau

67 2011 Executive Vice-President, Capital Markets, Laurentian Bank and President and Chief Executive Officer, Laurentian Bank Securities Inc.

Lise Bastarache

54 2006 Independent Director

Sonia Baxendale

55 2016 Independent Director

Michael Boychuk

62 2013 Independent Director

Gordon Campbell

70 2016 Independent Director

Michel Labonte

72 2009 Independent Director

A. Michel Lavigne

67 2013 Independent Director

David Morris

63 2017 Independent Director

Michelle Savoy

58 2012 Independent Director

Susan Wolburgh Jenah

62 2014 Independent Director

Biographies

Name Description

Isabelle Courville

Ms. Isabelle Courville serves as Independent Chairman of the Board of Laurentian Bank Of Canada. Ms. Courville is a corporate director. Ms. Courville holds a Bachelor’s degree in Engineering Physics from the École Polytechnique de Montréal and a Bachelor’s degree in Civil Law from McGill University. From 2007 to 2013, she was successively President of HydroQuébec Distribution and Hydro-Québec TransÉnergie. Previously, Ms. Courville was active for 20 years in the Canadian telecommunications industry where she served as President of Bell Canada’s Enterprise Group and as President and Chief Executive Officer of Bell Nordiq Group. She sits on the Board of Directors of the Institute of Corporate Directors (ICD) and the Board of Directors of the Institute for Governance of private and public organizations (IGOPP).

Francois Desjardins

Mr. Francois Desjardins serves as President, Chief Executive Officer, Director of Laurentian Bank of Canada. He is a Member of the Executive Committee since 2007 and with the Bank since 1991, Mr. Desjardins holds a Bachelor’s degree in Business Administration. He has held several positions with Retail Services and B2B Bank throughout his career. As President and Chief Executive Officer of B2B Bank, Mr. Desjardins was responsible for financial services offered through independent financial advisors and mortgage brokers throughout Canada. As Executive Vice-President, Retail Services, he was responsible for the Retail Services sector. He was named Chief Operating Officer of the Bank on February 28, 2015 and became President and Chief Executive Officer on November 1, 2015.

Francois Laurin

Mr. Francois Laurin serves as Chief Financial Officer, Executive Vice President of the Company, since August 2015. He is responsible for the Bank’s activities in the areas of finance, accounting, treasury, taxation, investor relations, mergers and acquisitions, and internal audit. He has held this role since August 2015. With 30 years of experience in corporate financing and financial accounting, François Laurin has worked at a number of large organizations operating within the finance, mining and telecommunications sectors. Mr. François Laurin was, from January 2015 to August 2015, Chief Financial Officer of Bio Amber Inc. Prior to January 2015, he was Chief Financial Officer of Alderon Iron Ore Corp., and prior to June 2013, he was acting as Director and President and Chief Executive Officer of Cap-Ex Iron Ore Ltd.

Deborah Rose

Ms. Deborah Rose is Chief Operating Officer, Chief Information Officer of the Company. Ms. Deborah Rose was appointed President and Chief Executive Officer of B2B Bank. Deborah Rose joined B2B Bank in 2011. In 2015, she was appointed President and Chief Executive Officer of B2B Bank and Chief Information Officer of Laurentian Bank, where she oversees the development and management of information technologies. Prior to joining B2B Bank, Deborah Rose was Senior Vice-President, Business Operations at International Financial Data Services. Her career in financial services spans over 20 years.

Liam Mason

Mr. Liam Mason has been appointed Executive Vice President and Chief Risk Officer of the Company. Since 2016, Liam held the position of Managing Director in a Lead Supervisor role at OSFI. Previously, he spent eighteen years in various senior roles at CIBC, most notably Senior Vice-President, Head of Asset-Liability Management and Senior Vice President, Risk Management. Before joining CIBC, Liam spent ten years with JP Morgan in New York in the Treasury and Capital Markets areas. Liam is a graduate of the University of Toronto, where he received his B.Sc. and M.Sc. in Mathematics and Statistics. He also holds an MBA degree from Cornell University's Johnson Graduate School of Management.

Craig Backman

Mr. Craig Backman is Executive Vice President - Personal Digital Banking of the Laurentian Bank Financial Group., a subsidiary of the Company. A seasoned executive, Engineer and MBA in Marketing and Entrepreneurial studies, Craig started his career in 1984 with Procter & Gamble where he built his expertise in marketing and brand management. He joined RBC in 1997 and, for the next ten years, progressed through several marketing roles, ultimately serving as Vice President, Marketing Strategy. In this role, he also led RBC's first incursion in online and digital. After spending four years at a marketing agency where he redirected the marketing strategy to align with digital, he returned to the banking industry in 2012 as Vice President, Digital for the Wealth Business at TD Bank. Prior to joining LBCFG, he was responsible for all digital strategy across the Canadian lines of business and successfully championed the digital agenda across TD Bank.

Stephane Therrien

Mr. Stephane Therrien serves as Executive Vice-President, Personal & Commercial Banking, Laurentian Bank and President and Chief Executive Officer, LBC Financial Services of Laurentian Bank of Canada. Mr. Stéphane Therrien has led the Business Services unit since 2012, the year he joined Laurentian Bank. In 2015, he was also appointed to head the Bank’s Retail Services unit. He is a seasoned manager with almost 30 years of experience in the financing sector. He previously worked for 18 years at GE Capital where he successfully held various senior management positions including seven years as Chief Commercial Officer, Canada. On June 4, 2015, Mr. Stéphane Therrien took over the Personal Banking unit, thus becoming Executive Vice-President, Personal and Commercial Banking.

Michel Trudeau

Mr. Michel C. Trudeau serves as Executive Vice-President, Capital Markets, Laurentian Bank and President and Chief Executive Officer, Laurentian Bank Securities Inc., the subsidiary of the Company. With the Bank since 1999, Mr. Trudeau joined Laurentian Bank Securities in 1999 and has served as President and Chief Executive Officer since 2003. In 2009, his role was expanded to include overseeing Laurentian Bank’s activities related to capital markets. Michel Trudeau has previously worked for more than 15 years within the institutional and fixed income sectors, including 10 years at Merrill Lynch where he successively occupied various senior management positions.

Lise Bastarache

Mrs. Lise Bastarache is Independent Director of Laurentian Bank Of Canada. She is an economist and a corporate director. Ms. Bastarache holds a master’s degree and has pursued doctoral studies in Economics. From 2001 to 2005, she was Quebec Regional Vice-President, Private Banking at RBC Financial Group. From 2004 to 2007, Ms. Bastarache sat on NB Power’s Board of Directors. She was also a member of the Board of Governors of the Université de Moncton and Chair of its Finance Committee from 2004 to 2013.

Sonia Baxendale

Ms. Sonia A. Baxendale is Independent Director of the Company. Ms. Baxendale is a corporate director. Ms. Baxendale holds a B.A. degree from the University of Toronto and, in 2014, received the ICD.D Director designation from the Institute of Corporate Directors. Ms. Baxendale was President, CIBC Retail Banking and Wealth Management and Senior Executive Vice-President, from 2005 to 2011. From 1992 to 2005, Ms. Baxendale held various leadership roles at CIBC, including Senior Executive Vice-President, CIBC Wealth Management, Executive Vice-President, Asset Management, Card Products and Collections, Executive Vice-President, Global Private Banking & Investment Management Services and Managing Director, CIBC Wood Gundy. Prior to her executive positions with CIBC, Ms. Baxendale held increasingly senior positions with Amex Bank of Canada and Saatchi & Saatchi Compton Hayhurst. Ms. Baxendale is a member of the Board of Directors and Chair of the Human Capital and Governance Committee and member of the Risk Committee of Foresters Insurance. She is also a member of the Board of Directors and Chair of the Audit and Finance Committee of both The Hospital for Sick Kids Foundation and The Toronto French School.

Michael Boychuk

Mr. Michael T. Boychuk is Independent Director of Laurentian Bank Of Canada. Mr. Boychuk is a corporate director. A chartered professional accountant since 1979, Mr. Boychuk became a Fellow of the Ordre des comptables professionnels agréés du Québec in 2012. From July 2009 until his retirement in June 2015, he was President of Bimcor Inc., the pension fund investment manager for the BCE Inc./Bell Canada group of companies. From 1999 to 2009, he was Senior Vice-President and Treasurer of BCE Inc./Bell Canada, responsible for all treasury, corporate security as well as environment and sustainability activities, and for the BCE Group of companies’ pension plans. Mr. Boychuk is a member of the Board of Governors and Chair of McGill University’s Audit Committee. He also serves on the International Advisory Committee of McGill University’s Faculty of Management. Mr. Boychuk is a member of the Board of Directors of The Cadillac Fairview Corporation Limited. He is an Advisory Board Member of Fengate Capital Management and also sits on the Investment Committee of the J.W. McConnell Family Foundation and the Nunavut Trust.

Gordon Campbell

Mr. Gordon Campbell is Independent Director of the Company. Mr. Campbell is a corporate director. Mr. Campbell holds a B.A. in English and Urban Studies and a Masters of Business Administration. Mr. Campbell was Canada’s High Commissioner to the United Kingdom and Northern Ireland from September 2011 to September 2016. Prior to that appointment, he was Premier of the Province of British Columbia for almost 10 years. He also served as leader of the Opposition in British Columbia from 1994 to 2001. Prior to that, Mr. Campbell was the Mayor of Vancouver for 7 years and the Chairperson of the Greater Vancouver Regional District (now called Metro Vancouver) from 1990 to 1993. Before his election as Mayor, he ran his own development company, Citycore Development Corporation. He was also General Manager of Development for Marathon British Columbia where he worked from 1976 to 1981. Mr. Campbell sits on the Board of Directors of Brit Insurance Holding B.V. as an independent director and on the Board of Directors of Grosvenor America as a non-executive Director and Chair of the Human Resources Committee and member of the Audit Committee.

Michel Labonte

Mr. Michel Labonte serves as Independent Director of Laurentian Bank Of Canada. He is a corporate director. Mr. Labonté was involved for over 13 years with National Bank of Canada, including as Senior Vice-President, Finance and Control (1993-2002). In 2002, he was appointed Senior Vice-President, Finance and Technology and named to the Executive Committee. In 2003, he was promoted to Senior Vice-President, Finance, Technology and Corporate Affairs, a position he held until 2005. From 2005 to his retirement in 2006, Mr. Labonté served as an executive advisor, and from March 2007 until November 2008, he acted as a financial consultant. Mr. Labonté holds the ICD.D designation of the Institute of Corporate Directors. He serves on the Board of Otéra Capital, a subsidiary of the Caisse de dépôt et placement du Québec, chairs its Audit Committee and is a member of its Risk Management Committee.

A. Michel Lavigne

Mr. A. Michel (Lavigne) Lavigne, FCPA, FCA, serves as Independent Director of Laurentian Bank of Canada. Mr. Lavigne is a corporate director. He is a Fellow of the Ordre des comptables professionnels agréés du Québec and member of the Canadian Institute of Chartered Accountants, Mr. Lavigne was partner from 1986 to 2005 at Raymond Chabot Grant Thornton, of which he was President and Chief Executive Officer from 2001 to 2005. Mr. Lavigne sits on the Board of Directors of Canada Post Corporation and he is Chair of the Pension Committee and a member of the Audit Committee. He served on the following Boards of Directors: Quebecor Media Inc. (was member of the Audit Committee and Chair of the Compensation Committee), and Videotron Ltd (was member of the Audit Committee). Mr. Lavigne also served on the Board of Directors and was a member of the Audit Committee of the Caisse de dépôt et placement du Québec from 2005 to 2013 and Chair of said committee from 2009 to 2013; he was also a member of the Caisse’s Risk Management Committee from 2009 to 2013.

David Morris

Mr. David Morris is Independent Director of the Company. Mr. Morris is a corporate director and Chartered professional accountant since 1975. Mr. Morris is a member of the Canadian Institute of Chartered Accountants. Mr. Morris recently retired as a senior audit partner at Deloitte LLP after serving over 41 years with the firm. He graduated from McGill University. Mr. Morris was an audit partner serving large global financial institutions in the Banking and Insurance industries. Since 2016, he sits on the Board of Directors of ECN Capital Corp. and chairs it Audit Committee.

Michelle Savoy

Ms. Michelle R. Savoy serves as Independent Director of Laurentian Bank Of Canada. Ms. Savoy is a corporate director. Ms. Savoy is the former President of Capital Guardian Canada, a subsidiary of The Capital Group of Companies, a global investment management organization. During her 27 year career in financial services, Ms. Savoy held numerous senior global executive roles in the investment management and capital markets industries with responsibilities in strategic planning, marketing, recruiting, client relationship management, business development and information technology. She currently serves as Director of Nav Canada (Chair of the Pension committee and member of the Governance committee), and a director of Ontario Public Service Pension Board (member of the audit and investment committees). Since October 2017, Ms. Savoy is a member of the Investment Committee of the Toronto General & Western Hospital Foundation. Ms. Savoy holds a Bachelor of Business Administration from University of Ottawa and received the ICD.D Director designation from the Institute of Corporate Directors, including completion of the Director's Education Program at the Rotman Business School of the University of Toronto.

Susan Wolburgh Jenah

Ms. Susan Wolburgh Jenah serves as Independent Director of Laurentian Bank Of Canada. She is a corporate director and lawyer by training. She brings over 30 years of domestic and international regulatory experience and capital markets and financial services industry knowledge. She was recognized with the Osgoode Hall Alumni Award for Achievement in 2011 and received her ICD.D designation from the Institute of Corporate Directors in 2004. Until October 2014, Ms. Wolburgh Jenah served as the inaugural President and CEO of the Investment Industry Regulatory Organization of Canada (IIROC), the national self-regulatory body that regulates all investment dealers and oversees trading on the Canadian debt and equity markets. She joined the Investment Dealers Association (IDA) in early 2007 as President and CEO and successfully merged the IDA and Market Regulation Services Inc. to create IIROC in 2008. Prior to this, she had an accomplished career with the Ontario Securities Commission from 1983 to 2007. Ms. Wolburgh Jenah is a member of the Board of Governors and Regulatory Policy Committee of the U.S. Financial Industry Regulatory Authority (FINRA) and Chair of its Regulatory Operations Oversight Committee; Chair of the Board, Chair of the Nomination and Governance Committee and member of the Regulatory Oversight Committee of Aequitas Neo Exchange and member of the Aequitas Innovations parent company Board; and member of the Independent Review Committee of Vanguard Investments Canada Inc. Ms. Wolburgh Jenah serves on the Humber River Hospital Board.

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