Kiwetinohk Energy Management
Management criteria checks 3/4
Kiwetinohk Energy's CEO is Pat Carlson, appointed in Feb 2018, has a tenure of 6.17 years. total yearly compensation is CA$1.70M, comprised of 25.2% salary and 74.8% bonuses, including company stock and options. directly owns 2.31% of the company’s shares, worth CA$12.51M. The average tenure of the management team and the board of directors is 4.2 years and 2.6 years respectively.
Key information
Pat Carlson
Chief executive officer
CA$1.7m
Total compensation
| CEO salary percentage | 25.2% |
| CEO tenure | 6.2yrs |
| CEO ownership | 2.3% |
| Management average tenure | 4.2yrs |
| Board average tenure | 2.6yrs |
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | CA$2m | CA$427k | CA$112m |
| Sep 30 2023 | n/a | n/a | CA$179m |
| Jun 30 2023 | n/a | n/a | CA$246m |
| Mar 31 2023 | n/a | n/a | CA$269m |
| Dec 31 2022 | CA$1m | CA$1 | CA$191m |
| Sep 30 2022 | n/a | n/a | CA$101m |
| Jun 30 2022 | n/a | n/a | CA$11m |
| Mar 31 2022 | n/a | n/a | -CA$20m |
| Dec 31 2021 | CA$4m | CA$1 | -CA$42m |
| Sep 30 2021 | n/a | n/a | -CA$57m |
| Jun 30 2021 | n/a | n/a | -CA$26m |
| Mar 31 2021 | n/a | n/a | -CA$43m |
| Dec 31 2020 | CA$7k | CA$1 | -CA$5m |
| Dec 31 2019 | CA$7k | CA$1 | -CA$19m |
Compensation vs Market: Pat's total compensation ($USD1.24M) is about average for companies of similar size in the Canadian market ($USD1.29M).
Compensation vs Earnings: Pat's compensation has been consistent with company performance over the past year.
CEO
Pat Carlson (69 yo)
6.2yrs
Tenure
CA$1,697,606
Compensation
Mr. Patrick Carlson P.Eng., also known as Pat, serves Chief Executive Officer at Kiwetinohk Energy Corp. (alternate name Kiwetinohk Resources Corp.) since February 12, 2018 and also serves as its Director...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 6.2yrs | CA$1.70m | 2.31% CA$ 12.5m | |
| Chief Financial Officer | 5.3yrs | CA$922.35k | 0.062% CA$ 336.2k | |
| Chief Operating Officer of Upstream | 2.4yrs | CA$865.85k | 0.060% CA$ 323.7k | |
| Chief Sustainability Officer | 2.6yrs | CA$850.00k | 0.031% CA$ 169.0k | |
| Vice President of Projects | 2.3yrs | CA$769.62k | no data | |
| Director of Investor Relations | no data | no data | no data | |
| Executive Vice President of Land & Community Inclusion | 6.1yrs | CA$1.67m | 0.049% CA$ 262.0k | |
| Senior Vice President of Midstream & Market Development | 4.2yrs | CA$1.34m | 0.096% CA$ 517.2k | |
| Senior Vice President of Power & Green Energy Division | no data | no data | no data | |
| Senior Vice President of Business Systems | no data | no data | 0.23% CA$ 1.3m | |
| President of Power Division | less than a year | no data | 0.011% CA$ 61.8k | |
| Corporate Controller | 6.3yrs | no data | no data |
4.2yrs
Average Tenure
Experienced Management: KEC's management team is considered experienced (4.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 6.2yrs | CA$1.70m | 2.31% CA$ 12.5m | |
| Independent Director | 2.2yrs | CA$110.00k | 0.092% CA$ 494.4k | |
| Non-Independent Chairman of the Board | 5.3yrs | CA$150.00k | no data | |
| Independent Director | 2.6yrs | CA$117.50k | 0.046% CA$ 247.2k | |
| Independent Director | 5.7yrs | CA$117.50k | 0.071% CA$ 381.2k | |
| Independent Director | 5.7yrs | CA$117.50k | 0.23% CA$ 1.2m | |
| Independent Director | 2.2yrs | CA$114.95k | 0.021% CA$ 111.5k | |
| Independent Director | less than a year | CA$72.53k | no data | |
| Lead Independent Director | 2.6yrs | CA$157.50k | 0.021% CA$ 112.5k |
2.6yrs
Average Tenure
63yo
Average Age
Experienced Board: KEC's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.