MEG Energy Management

How experienced are the management team and are they aligned to shareholders interests?

2.2yrs

Average management tenure


CEO

Derek Evans (65 yo)

4.42yrs

Tenure

CA$4,402,975

Compensation

Mr. Derek W. Evans, B.Sc, has been the President and Chief Executive Officer at MEG Energy Corporation since August 10, 2018. Mr. Evans has been an Independent Director of Franco-Nevada Corporation since A...


CEO Compensation Analysis

How has Derek Evans's remuneration changed compared to MEG Energy's earnings?
DateTotal Comp.SalaryCompany Earnings
Sep 30 2022n/an/a

CA$921m

Jun 30 2022n/an/a

CA$819m

Mar 31 2022n/an/a

CA$662m

Dec 31 2021CA$4mCA$600k

CA$283m

Sep 30 2021n/an/a

CA$121m

Jun 30 2021n/an/a

CA$58m

Mar 31 2021n/an/a

-CA$90m

Dec 31 2020CA$4mCA$525k

-CA$357m

Sep 30 2020n/an/a

-CA$348m

Jun 30 2020n/an/a

-CA$315m

Mar 31 2020n/an/a

-CA$298m

Dec 31 2019CA$4mCA$600k

-CA$62m

Sep 30 2019n/an/a

-CA$286m

Jun 30 2019n/an/a

-CA$192m

Mar 31 2019n/an/a

-CA$308m

Dec 31 2018CA$3mCA$234k

-CA$119m

Compensation vs Market: Derek's total compensation ($USD3.31M) is about average for companies of similar size in the Canadian market ($USD3.51M).

Compensation vs Earnings: Derek's compensation has increased by more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Derek Evans
President4.42yrsCA$4.40m0.23%
CA$ 14.0m
Darlene Gates
Chief Operating Officer1.33yrsCA$2.48m0.0044%
CA$ 268.3k
Lyle Yuzdepski
Senior VP of Legal3yrsCA$1.49m0.023%
CA$ 1.4m
Ryan Kubik
Chief Financial Officer0.42yrno datano data
Helen Kelly
Director of Investor Relationsno datano datano data
David Granger
Vice President Human Resourcesno datano data0.021%
CA$ 1.3m

2.2yrs

Average Tenure

Experienced Management: MEG's management team is considered experienced (2.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Derek Evans
President4.42yrsCA$4.40m0.23%
CA$ 14.0m
Robert Hodgins
Independent Director12.33yrsCA$227.00k0.0060%
CA$ 361.7k
James McFarland
Independent Director12.58yrsCA$225.00k0.0014%
CA$ 83.2k
Jeffrey McCaig
Independent Director8.83yrsCA$214.00k0.23%
CA$ 14.1m
Ian Bruce
Independent Chairman3.58yrsCA$315.00k0.046%
CA$ 2.8m
Susan MacKenzie
Independent Director2.58yrsCA$214.00k0.014%
CA$ 827.7k
Diana McQueen
Independent Director7.25yrsCA$222.00k0.013%
CA$ 789.1k
Gary Bosgoed
Independent Director0.50yrno datano data
Kim Proctor
Independent Director0.67yrno data0.0070%
CA$ 424.4k

4.4yrs

Average Tenure

68yo

Average Age

Experienced Board: MEG's board of directors are considered experienced (4.4 years average tenure).