Great-West Lifeco Inc. Announces Leadership Transition and Upcoming Financial Results

Great-West Lifeco Inc., a prominent financial services holding company with interests in life insurance, health insurance, investment and retirement savings, and reinsurance, has announced a significant leadership transition. The company, which operates in Canada and the United States, will see its current President and CEO, Paul Mahon, retire effective July 1, 2025. The Board has appointed David Harney as the new President and CEO of both Great-West Lifeco and The Canada Life Assurance Company, effective the same date.

The announcement was made on May 1, 2025, and was reported by multiple financial news sources, including Seeking Alpha, FinanzNachrichten, and Finanzen.net. This leadership change marks a new chapter for the company, which has a market capitalization of CAD 49.43 billion and trades on the Toronto Stock Exchange under the ticker symbol GWO. As of April 29, 2025, the company’s close price was CAD 53.61, with a 52-week high of CAD 57.61 and a low of CAD 38.44.

In addition to the leadership transition, Great-West Lifeco is set to release its first quarter 2025 financial results on May 7, 2025. The earnings conference call and webcast will follow the release, providing further insights into the company’s performance. The annual meetings and earnings conference call are scheduled for May 8, 2025.

This period of transition and upcoming financial disclosures are pivotal for stakeholders, as they will offer a glimpse into the company’s strategic direction under new leadership and its financial health in the first quarter of 2025.