David LeGresley - Equitable Independent Chairman of the Board

EQB Stock  CAD 109.84  1.96  1.75%   

Chairman

Mr. David M. Balfour LeGresley is Independent Chairman of the Board of Equitable Group Inc. He is a Corporationrationrate Director, is Chair of the Board of both the Company and the Bank. He has over 30 years of experience in the financial services industry. Mr. LeGresley is a former executive of National Bank Financial holding positions in the area of corporate and investment banking and most recently serving as Vice Chairman from 2006 to 2008. He currently serves as a Director and Chair of the Audit Committee of Pembina Pipeline Corporation since 2016.
Age 60
Tenure 8 years
Professional MarksMBA
Address Equitable Bank Tower, Toronto, ON, Canada, M4V 3A1
Phone416 515 7000
Webhttps://eqb.investorroom.com
LeGresley received a Bachelor of Applied Science degree in Engineering from the University of Toronto and a MBA degree from Harvard Business School. He is a member of the Institute of Corporationrationrationrate Directors with the ICD.D designation.

Equitable Management Efficiency

As of the 4th of December 2024, Return On Tangible Assets is likely to grow to 0.01. Also, Return On Capital Employed is likely to grow to 0.04. At this time, Equitable's Intangible Assets are very stable compared to the past year. As of the 4th of December 2024, Earning Assets is likely to grow to about 2 B, while Net Tangible Assets are likely to drop about 1.3 B. Equitable's management efficiency ratios could be used to measure how well Equitable manages its routine affairs as well as how well it operates its assets and liabilities.
Equitable Group has accumulated 17.37 B in total debt with debt to equity ratio (D/E) of 0.38, which is about average as compared to similar companies. Debt can assist Equitable until it has trouble settling it off, either with new capital or with free cash flow. So, Equitable'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 Equitable Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Equitable to invest in growth at high rates of return. When we think about Equitable's use of debt, we should always consider it together with cash and equity.

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Equitable Group Inc., through its subsidiary, Equitable Bank, provides various financial services to retail and commercial customers in Canada. Equitable Group Inc. was founded in 1970 and is headquartered in Toronto, Canada. EQUITABLE GROUP operates under Mortgage Finance classification in Canada and is traded on Toronto Stock Exchange. It employs 882 people. Equitable Group (EQB) is traded on Toronto Exchange in Canada and employs 1,849 people. Equitable is listed under Regional Banks category by Fama And French industry classification.

Management Performance

Equitable Group Leadership Team

Elected by the shareholders, the Equitable's board of directors comprises two types of representatives: Equitable inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Equitable. The board's role is to monitor Equitable's management team and ensure that shareholders' interests are well served. Equitable'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, Equitable's outside directors are responsible for providing unbiased perspectives on the board's policies.
Timothy Wilson, Vice-President and Chief Financial Officer of the Company and Equitable Bank
Michael Stramaglia, Independent Director
Lynn McDonald, Independent Director
Dan Dickinson, Vice-President - Digital Banking of Company and Bank
Jody Sperling, Vice President of Human Resources of Company and Bank
Mahima Poddar, Senior Vice President - Digital Banking and Strategy
Michael Mignardi, VP Counsel
Tim Charron, VP Treasurer
Kishore Kapoor, Independent Director
Marlene Lenarduzzi, Senior Officer
Lisa Cinelli, VP Officer
Brian Leland, Vice President - Residential Credit of Company and Bank
Darren CFA, Senior Banking
Michael Emory, Independent Director
Daniel Broten, Senior Officer
Vincenza Sera, Independent Director
Susan Ericksen, Independent Director
Darren Lorimer, Vice President - Commercial Lending of Company and Bank
Richard Gill, Sr Relations
David LeGresley, Independent Chairman of the Board
Sandie Douville, Vice Strategy
Kimberly Kukulowicz, Vice President - Residential Sales and Partner Relations of Company and Bank
Eric Beutel, Independent Director
Alex Prokoudine, VicePresident Markets
Gavin Stanley, Senior Officer
Ronald Tratch, Senior Vice President, Chief Risk Officer of Company and Bank
CFA MBA, Managing Relations
Rowan Saunders, Independent Director
Andrew Moor, President, Chief Executive Officer and Director of the Company and Equitable Bank
Chadwick Westlake, Senior CFO

Equitable 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 Equitable 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.

Other Information on Investing in Equitable Stock

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