John Cassaday - Manulife Financial Independent Chairman of the Board

MFC Stock  CAD 44.57  0.71  1.57%   

Chairman

Mr. John M. Cassaday is Independent Chairman of the Board of Manulife Financial Corporationration Mr. Cassaday was appointed as Chairman of the Board on May 4, 2018. Mr. Cassaday was previously President and Chief Executive Officer of Corus Entertainment Inc., a position he held since its inception in 1999 until his retirement on March 31, 2015. Prior to Corus, Mr. Cassaday was Executive Vice President of Shaw Communications, President and Chief Executive Officer of CTV Television Network and President of Campbell Soup Company in Canada and the United Kingdom. He also serves on the board of Irving Oil Ltd. since 2018.
Age 65
Tenure 6 years
Professional MarksMBA
Address 200 Bloor Street East, Toronto, ON, Canada, M4W 1E5
Phone416-926-3000
Webhttps://www.manulife.com
Cassaday has an MBA from the Rotman School of Management at the University of Toronto as well as an Honorary Doctor of Laws from the University of Toronto and is a Member of the Order of Canada.

Manulife Financial Management Efficiency

At this time, Manulife Financial's Return On Tangible Assets are very stable compared to the past year. As of the 11th of December 2024, Return On Capital Employed is likely to grow to 0.02, while Return On Equity is likely to drop 0.10. At this time, Manulife Financial's Debt To Assets are very stable compared to the past year. As of the 11th of December 2024, Return On Assets is likely to grow to 0.01, while Total Assets are likely to drop about 467.4 B. Manulife Financial's management efficiency ratios could be used to measure how well Manulife Financial manages its routine affairs as well as how well it operates its assets and liabilities.
Manulife Financial Corp has accumulated 12.74 B in total debt with debt to equity ratio (D/E) of 0.56, which is about average as compared to similar companies. Manulife Financial Corp has a current ratio of 159.16, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Manulife Financial until it has trouble settling it off, either with new capital or with free cash flow. So, Manulife Financial'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 Manulife Financial Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Manulife to invest in growth at high rates of return. When we think about Manulife Financial's use of debt, we should always consider it together with cash and equity.

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Manulife Financial Corporation, together with its subsidiaries, provides financial advice, insurance, and wealth and asset management solutions for individuals, groups, and institutions in Asia, Canada, the United States, and internationally. Manulife Financial Corporation was founded in 1887 and is headquartered in Toronto, Canada. MANULIFE FIN operates under InsuranceLife classification in Canada and is traded on Toronto Stock Exchange. It employs 35000 people. Manulife Financial Corp (MFC) is traded on Toronto Exchange in Canada and employs 38,000 people. Manulife Financial is listed under Life & Health Insurance category by Fama And French industry classification.

Management Performance

Manulife Financial Corp Leadership Team

Elected by the shareholders, the Manulife Financial's board of directors comprises two types of representatives: Manulife Financial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Manulife. The board's role is to monitor Manulife Financial's management team and ensure that shareholders' interests are well served. Manulife Financial'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, Manulife Financial's outside directors are responsible for providing unbiased perspectives on the board's policies.
CFA CFA, Chief Officer
CA CFA, Head Relations
Pamela Kimmet, Chief Human Resource Officer
Julie Dickson, Independent Director
Michael Dommermuth, Executive Asia
Karen Leggett, Chief Marketing Officer
Rahul Joshi, Chief Operations Officer
Michael Doughty, Executive Vice President and Interim General Manager, U.S. Division
Rocco Gori, Executive Vice President General Manager, Asia
Peter Wilkinson, Senior Affairs
John Cassaday, Independent Chairman of the Board
Andrea Rosen, Independent Director
Susan Dabarno, Independent Director
Paul Lorentz, President and Chief Executive Officer, Global Wealth and Asset Management
Shamus Weiland, Chief Information Officer
Scott CFA, Chief Officer
James JD, General Counsel
Lynda Sullivan, Executive Officer
Halina Hagen, Executive Vice President -Treasury and Capital Management
Guy Bainbridge, Independent Director
Anil Wadhwani, Senior Executive Vice President and Presidentident and CEO, Manulife Asia
Tsunyan Hsieh, Independent Director
Antonella Deo, Corporate Secretary
Claude Prieur, Independent Director
Marc Costantini, Global Management
Donald Lindsay, Independent Director
Ronalee Ambrose, Independent Director
Ivan Chan, Chief Limited
Colin Simpson, Chief Officer
Sheila Fraser, Independent Director
John Palmer, Independent Director
Naveed Irshad, Executive Vice President Head, North America Legacy Business
Scott Hartz, Executive Vice President - General Account Investments
Anne Hammer, Global Officer
Christopher CFA, Investment Management
Philip CPA, President Asia
Steven Finch, Executive Vice President Chief Actuary
Joseph Caron, Independent Director
Rahim Hirji, Chief Risk Officer, Executive Vice President
Philip Witherington, Executive Vice President
Aravind Srinivas, Chief Management
Alex Lucas, Chief Unit
Roy Gori, President, Chief Executive Officer, Director
Marianne Harrison, Senior Executive Vice President General Manager - Canadian Division
Nicole Arnaboldi, Director
Trevor Kreel, Chief Officer
James Gallagher, Executive Vice President Interim General Counsel
Robert Veloso, Global Analysis
Pankaj Banerjee, Chief Asia

Manulife 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 Manulife Financial 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 Manulife Financial

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 Manulife Financial 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 Manulife Financial will appreciate offsetting losses from the drop in the long position's value.

Moving against Manulife Stock

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The ability to find closely correlated positions to Manulife Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Manulife Financial 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 Manulife Financial - 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 Manulife Financial Corp to buy it.
The correlation of Manulife Financial 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 Manulife Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Manulife Financial Corp 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 Manulife Financial 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
When determining whether Manulife Financial Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Manulife Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Manulife Financial Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Manulife Financial Corp Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Manulife Financial Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Please note, there is a significant difference between Manulife Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Manulife Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Manulife Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.