The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Sun Life Financial CEO Dean Connor, speaks to the media during a press conference at the company's Toronto office on Thursday, March 8, 2012.
Sun Life Financial CEO Dean Connor, speaks to the media during a press conference at the company's Toronto office on Thursday, March 8, 2012.
(Michelle Siu for The Globe and Mail/Michelle Siu for The Globe and Mail)

Subscribers Only

Sun Life CEO’s pay rises to $8-million

Chief executive of Sun Life Financial Inc., Dean Connor, took home nearly $8-million in 2012 -- his second year on the job -- compared to $5.1-million a year earlier.

This compensation package comes after Sun Life rebounded to annual profits of $1.6-billion last year, up from a reported loss of $370-million in 2011. Mr. Connor called 2012 a “transformational” year in the company’s most recent earning release after the company sold its U.S. annuities and life insurance business and moved to reduce its risk profile.