The Chief Executive Officer of Manulife, Phil Witherington, receives a target total annual compensation package valued at approximately CAD $9.16 million (roughly equivalent to US $9.7 million). This executive remuneration structure is composed of a fixed base salary (making up about 11.5% of the total compensation) alongside performance-based short-term incentives, long-term equity options, and company share awards designed to align executive leadership performance directly with sustainable corporate growth, strong financial results, and shareholder value.
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