Paula Madoff - Great-West Lifeco Independent Director

GWO Stock  CAD 53.74  0.33  0.62%   

Director

Ms. Paula B. Madoff is Independent Director of the Company. Ms. Madoff, Corporationrationrate Director, has served as an Advisory Director at Goldman Sachs, a global investment banking, securities and investment management firm, since August, 2017. She spent 24 years at Goldman Sachs where she most recently was a Partner and Head of Sales and Distribution for Interest Rate Products and Mortgages from 2006 until her retirement in 2017. Ms. Madoff also held several additional leadership positions including CoChair of the Retirement Committee overseeing 401k and pension plan assets, Chief Executive Officer of Goldman Sachs Mitsui Marine Derivatives Products, L.P., and was a member of its Securities Division Operating Committee and Firmwide New Activity Committee. She has 30 years of experience in investing, risk management, and capital markets activities. Ms. Madoff is a director of GreatWest Life, London Life and Canada Life. She also serves as a director of KKR Real Estate Finance Trust Inc. and ICE Benchmark Administration, where she is also Chair of the ICE LIBOR Oversight Committee since 2018.
Age 51
Tenure 7 years
Address 100 Osborne Street North, Winnipeg, MB, Canada, R3C 1V3
Phone204 946 1190
Webhttps://www.greatwestlifeco.com
Madoff is a 2018 David Rockefeller Fellow, a director of Hudson River Park Friends, a member of the Harvard Women’s Leadership Board and an advisory board member of the NYU Hospital Child Study Center. She received a Masters in Business Administration from Harvard Business School and a Bachelor of Arts degree in Economics from Lafayette College.

Great-West Lifeco Management Efficiency

As of the 1st of March 2025, Return On Equity is likely to grow to 0.15, while Return On Tangible Assets are likely to drop 0. At this time, Great-West Lifeco's Total Assets are very stable compared to the past year. As of the 1st of March 2025, Non Current Assets Total is likely to grow to about 852.7 B, though Other Assets are likely to grow to (19.8 B). Great-West Lifeco's management efficiency ratios could be used to measure how well Great-West Lifeco manages its routine affairs as well as how well it operates its assets and liabilities.
Great West Lifeco has accumulated 523 M in total debt with debt to equity ratio (D/E) of 0.32, which is about average as compared to similar companies. Great West Lifeco has a current ratio of 25.48, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Great-West Lifeco until it has trouble settling it off, either with new capital or with free cash flow. So, Great-West Lifeco'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 Great West Lifeco sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Great-West to invest in growth at high rates of return. When we think about Great-West Lifeco's use of debt, we should always consider it together with cash and equity.

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Great-West Lifeco Inc., a financial services holding company, engages in the life and health insurance, retirement and investment services, asset management, and reinsurance businesses in Canada, the United States, and Europe. Great-West Lifeco Inc. operates as a subsidiary of Power Financial Corporation. GREAT WEST operates under Insurance - Life And Health classification in Canada and is traded on Toronto Stock Exchange. It employs 28000 people. Great West Lifeco (GWO) is traded on Toronto Exchange in Canada and employs 33,250 people. Great-West Lifeco is listed under Life & Health Insurance category by Fama And French industry classification.

Management Performance

Great West Lifeco Leadership Team

Elected by the shareholders, the Great-West Lifeco's board of directors comprises two types of representatives: Great-West Lifeco inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Great-West. The board's role is to monitor Great-West Lifeco's management team and ensure that shareholders' interests are well served. Great-West Lifeco'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, Great-West Lifeco's outside directors are responsible for providing unbiased perspectives on the board's policies.
Colleen Moffitt, Executive Officer
Deborah Barrett, Independent Director
Robert Reynolds, President LLC
Nancy Russell, Senior Vice-President and Chief Internal Auditor of Lifeco, GreatWest, London Life and Canada Life
Jeffrey Macoun, Pres Canada
Dervla Tomlin, Executive Vice-President Chief Actuary of Lifeco, Great-West, London Life and Canada Life
R Orr, Independent Chairman of the Board
Andre Desmarais, Independent Director
Claude Genereux, Independent Director
Raman CFA, Executive Officer
Elizabeth Lempres, Independent Director
Garry MacNicholas, Executive Vice-President, Chief Financial Officer of Lifeco, Great-West, London Life and Canada Life
Gary Doer, Independent Director
James Singh, Independent Director
Paul Mahon, CEO and President Director and Member of Executive Committee
Nancy Hudson, Senior Auditor
Paul Desmarais, Independent Director
Edmund Murphy, President and Chief Executive Officer of U.S
David Simmonds, Senior Officer
Graham Bird, Executive Vice-President Chief Risk Officer of Lifeco, Great-West, London Life and Canada Life
Raman Srivastava, Executive Vice-President and Global Chief Investment Officer, Lifeco, Great-West, London Life and Canada Life
David Harney, COO President
Steven Rullo, Executive Officer
Douglas Tkach, Senior Vice-President and Chief Internal Auditor
Heather Conway, Independent Director
Edmund III, President Retirement
Jeremy Trickett, Senior Vice-President Corporate Secretary and Chief Governance Officer of Lifeco, Great-West Life, London Life and Canada Life
Gordon Menzie, Senior Treasury
Shubha Khan, SVP Relations
Philip Armstrong, Executive Vice-President and Global Chief Information Officer
Ross Petersmeyer, Senior Vice-President, Regulatory Affairs of Lifeco, Great-West, London Life and Canada Life
Gregory Tretiak, Independent Director
Brian Walsh, Independent Director
Sharon Geraghty, Executive Vice-President and Global Chief Investment Officer, Lifeco, Great-West Life, London Life and Canada Life
Siim Vanaselja, Independent Director
Anne Sonnen, Senior Vice-President Chief Compliance Officer of Lifeco, GreatWest, London Life and Canada Life
Paula Madoff, Independent Director
Grace Palombo, Executive Vice-President, Chief Human Resources Officer of Lifeco, Great-West, London Life and Canada Life
Susan McArthur, Independent Director
Jeff Macoun, President and Chief Operating Officer, Canada
Andrew Conrad, Senior Treasury
Arshil Jamal, President and Chief Operating Officer - Europe of Lifeco, Great-West, London Life and Canada Life
T Ryan, Independent Director
Michael Dibden, Executive Officer
Michael Amend, Independent Director
Amy Metzger, Senior Officer
Donald Raymond, Independent Director
Marcel Coutu, Independent Director
Jerome Selitto, Independent Director
Jon Nielsen, Executive Officer
J Jackson, Independent Director
David Fuller, Independent Director

Great-West 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 Great-West Lifeco 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 Great-West Lifeco

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 Great-West Lifeco 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 Great-West Lifeco will appreciate offsetting losses from the drop in the long position's value.

Moving against Great-West Stock

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

Great-West Lifeco financial ratios help investors to determine whether Great-West 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 Great-West with respect to the benefits of owning Great-West Lifeco security.