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Brookfield Asset Management Ltd
Symbol BAM
Shares Issued 443,049,121
Close 2025-01-16 C$ 79.28
Market Cap C$ 35,124,934,313
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Globe says BAM, Bloomberg, Stripe lose blue-chip Carney

2025-01-17 07:23 ET - In the News

The Globe and Mail reports in its Friday edition that Mark Carney resigned from Brookfield Asset Management and a number of business roles on Thursday as he launched a bid to lead the federal Liberal Party. The Globe's James Bradshaw and Carrie Tait write that as Mr. Carney was Brookfield's chairman and head of transition investing, he helped raise more than $25-billion (U.S.) for two funds that are among the world's largest pools of private capital earmarked for funding the transition to net zero. The former governor of the Bank of Canada and the Bank of England also said he stepped down as chair of the board of Bloomberg LP; the board of payments processor Stripe Inc.; an advisory board position for Pimco; and as UN special envoy for climate change and co-chair of the Glasgow Financial Alliance for Net Zero, or GFANZ, a once-promising effort to marshal the world's largest financial institutions to shift to a low-carbon economy that has recently been unravelling. Brookfield does not publish Mr. Carney's compensation, and he does not hold Brookfield shares outright. But he has 41,357 of what are called deferred share units, each of which represents a Brookfield share. They are currently worth more than $3.2-million.

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