As the Russia-Ukraine war continues to hamper supply chains, Canada may be in a prime position to circumvent those disruptions.
Speaking from the G20 Summit last month, Canadian Prime Minister Justin Trudeau touted the country as a critical player in shifting supply chains, adding that the ongoing geopolitical conflicts make it imperative to find new channels of transport with a better focus on environmental issues.
Chief executives of Canada’s top companies agree — and say technology is key to shaping that change.
“Companies with the most successful supply chains are the ones challenging the old, slow, siloed, and sequential way of supply chain planning and instead embracing a new era of concurrency, where every function, every person, and every piece of data is continuously aligned in real-time,” said John Sicard of Kinaxis, a software company specializing in the industry. “That is how companies will gain the supply chain agility and resilience they need to not just survive but thrive in the face of whatever the future holds.”
Sicard is among the six chief executives who ranked No. 1 in their sector in Institutional Investor’s 2023 All-Canada Executive Team, based on a June survey of 210 money managers and 39 sell-side researchers. This year the participants nominated a total of 134 companies across several key sectors.
To select the members of Institutional Investor’s 2023 Canada Executive Team, we surveyed buy-side analysts, money managers and sell-side researchers at securities firms and financial institutions that cover the region, including those who cast and received votes in this year’s 2022 Canada Research Team survey. We asked voters to name the best chief executive officers, chief financial officers, and investor relations professionals at the companies in their coverage universes. 210 money managers and buy-side analysts and 39 sell-side researchers provided their candid feedback.
All votes are weighted by rating (five, four, three, two and one). We also asked them to rate the companies’ IR programs on the following eight performance attributes: in Services & Communication, “Authority & Credibility,” “Responsiveness,” “Earnings Calls,” “Business & Market Knowledge,” and “Virtual Meetings/Presentations”; and in Financial Disclosure: “Consistency,” “Granularity,” and “Timing to Market.” These ratings were aggregated to produce an overall IR Program rank for each company. Nominations for Company Board, ESG, and Investor/Analyst Event were also solicited from the voters as a separate distinction.
The overall rankings in each rankings category are based on combined buy- and sell-side votes. Separate rosters (buy side, sell side) are also available for each award classification.
To earn the designation of Most Honored Company, a company must achieve a weighted score of at least 24 for its published positions in the Best CEO, CFO, IRO, IR Program, Investor/Analyst Event, ESG, and Company Board categories. Each first-place position is worth three points; second place, two; and third place, one. In the 2023 Canada Executive Survey, 134 companies were nominated across 7 sectors.
To be eligible for inclusion on the 2023 Canada Executive Team, a company must be headquartered or have operational or executive headquarters in the region. We keep confidential the identities of the survey respondents to ensure their continuing cooperation. Voters must meet eligibility requirements, and winners must achieve a minimum vote count.
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