People: First National Financial Corp (FN.TO)

FN.TO on Toronto Stock Exchange

20 Sep 2019
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$0.45 (+1.19%)
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Smith, Stephen 

Mr. Stephen J.R. Smith is Chairman of the Board, President, Chief Executive Officer of First National Financial Corp. He is one of Canada’s leading financial services entrepreneurs, is the Chairman, Chief Executive Officer and Co-Founder of First National Financial Corporation. He has been an innovator in the development and utilization of various securitization techniques to finance mortgage assets as well as a leader in the development and application of information technology in the mortgage industry. Mr. Smith is Chairman of Canada Guaranty Mortgage Insurance Company, which he owns in partnership with Ontario Teachers’ Pension Plan. He is the largest shareholder in Equitable Bank, one of Canada’s leading alternative lenders and the country’s ninth largest bank. Mr. Smith is a member of the Board of Governors of the Royal Ontario Museum, the Board of Directors of the C.D. Howe Institute and the Empire Life Insurance Company. He is also Chairman of Historica Canada, producer of the Heritage Minutes and publisher of The Canadian Encyclopaedia. In 2012, Mr Smith received the Queen Elizabeth II Diamond Jubilee Medal for contributions to Canada. In 2015, Queen's University announced the naming of The Stephen J.R. Smith School of Business at Queen's University in honour of Mr. Smith and his historic $50-million donation to the school. Mr. Smith holds a B.Sc (Hons.) in Electrical Engineering from Queen’s University and a M.Sc. in Economics from the London School of Economics.

Basic Compensation

Total Annual Compensation, CAD 750,000
Restricted Stock Award, CAD --
Long-Term Incentive Plans, CAD --
All Other, CAD 12,983
Fiscal Year Total, CAD 762,983

Options Compensation

  Quantity Market Value
Exercisable -- --
Unexercisable -- --
Exercised -- --