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Brookfield Corporation (BN)

NYSE - Nasdaq Real-time price. Currency in USD
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53.56+0.53 (+1.00%)
At close: 04:00PM EDT
53.97 +0.41 (+0.77%)
After hours: 07:58PM EDT

Brookfield Corporation

Brookfield Place
Suite 100 181 Bay Street
Toronto, ON M5J 2T3
Canada
416-363-9491
https://bn.brookfield.com

Sector(s)Financial Services
IndustryAsset Management
Full-time employees240,000

Key executives

NameTitlePayExercisedYear born
Mr. James Bruce FlattManaging Partner, CEO & Director375kN/A1965
Mr. Nicholas Howard Goodman C.A.President & CFO1.14MN/AN/A
Mr. Cyrus MadonMP & Executive Chair of Private Equity567.5kN/A1966
Mr. David James NowakManaging Partner of Private EquityN/AN/A1970
Mr. Pierre McNeilManaging Director of Private EquityN/AN/A1963
Ms. Lori Anne Pearson F.C.A., FCPAManaging Partner & COON/AN/A1961
Mr. Dominic DoddsManaging Director of TechnologyN/AN/AN/A
Ms. Linda T. NorthwoodDirector of Investor RelationsN/AN/AN/A
Mr. Ronald Fisher DaynManaging Partner of ComplianceN/AN/AN/A
Ms. Suzanne FlemingManaging Partner of Corporate Communications & Global Head of Corporate CommunicationsN/AN/AN/A
Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Brookfield Corporation is an alternative asset manager and REIT/Real Estate Investment Manager firm focuses on real estate, renewable power, infrastructure and venture capital and private equity assets. It manages a range of public and private investment products and services for institutional and retail clients. It typically makes investments in sizeable, premier assets across geographies and asset classes. It invests both its own capital as well as capital from other investors. Within private equity and venture capital, it focuses on acquisition, early ventures, control buyouts and financially distressed, buyouts and corporate carve-outs, recapitalizations, convertible, senior and mezzanine financings, operational and capital structure restructuring, strategic re-direction, turnaround, and under-performing midmarket companies. It invests in both public debt and equity markets. It invests in private equity sectors with focus on Business Services include infrastructure, healthcare, road fuel distribution and marketing, construction and real estate; Industrials include manufacturers of automotive batteries, graphite electrodes, returnable plastic packaging, and sanitation management and development; and Residential/ infrastructure services. It targets companies which likely possess underlying real assets, primarily in sectors such as industrial products, building materials, metals, mining, homebuilding, oil and gas, paper and packaging, manufacturing and forest product sectors. It invests globally with focus on North America including Brazil, the United States, Canada; Europe; and Australia; and Asia-Pacific. The firm considers equity investments in the range of $2 million to $500 million. It has a four-year investment period and a 10-year term with two one-year extensions. The firm prefers to take minority stake and majority stake. Brookfield Corporation was founded in 1997 and based in Toronto, Canada with additional offices across Northern America; South America; Europe; Middle East and Asia.

Corporate governance

Brookfield Corporation’s ISS governance QualityScore as of 1 October 2024 is 9. The pillar scores are Audit: 8; Board: 7; Shareholder rights: 10; Compensation: 7.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.