Ovintiv Management

Management criteria checks 3/4

Ovintiv's CEO is Brendan McCracken, appointed in Dec 2020, has a tenure of 3.25 years. total yearly compensation is $11.78M, comprised of 9.2% salary and 90.8% bonuses, including company stock and options. directly owns 0.068% of the company’s shares, worth CA$12.91M. The average tenure of the management team and the board of directors is 4.5 years and 5.1 years respectively.

Key information

Brendan McCracken

Chief executive officer

US$11.8m

Total compensation

CEO salary percentage9.2%
CEO tenure3.3yrs
CEO ownership0.07%
Management average tenure4.5yrs
Board average tenure5.1yrs

Recent management updates

Recent updates

Estimating The Intrinsic Value Of Ovintiv Inc. (TSE:OVV)

Feb 20
Estimating The Intrinsic Value Of Ovintiv Inc. (TSE:OVV)

Ovintiv Inc. (TSE:OVV) Shares Could Be 28% Below Their Intrinsic Value Estimate

Nov 08
Ovintiv Inc. (TSE:OVV) Shares Could Be 28% Below Their Intrinsic Value Estimate

Here's Why Ovintiv (TSE:OVV) Can Manage Its Debt Responsibly

Aug 03
Here's Why Ovintiv (TSE:OVV) Can Manage Its Debt Responsibly

An Intrinsic Calculation For Ovintiv Inc. (TSE:OVV) Suggests It's 45% Undervalued

Jul 19
An Intrinsic Calculation For Ovintiv Inc. (TSE:OVV) Suggests It's 45% Undervalued

Here's Why We Think Ovintiv (TSE:OVV) Might Deserve Your Attention Today

Jul 05
Here's Why We Think Ovintiv (TSE:OVV) Might Deserve Your Attention Today

Ovintiv (TSE:OVV) Has A Pretty Healthy Balance Sheet

Apr 22
Ovintiv (TSE:OVV) Has A Pretty Healthy Balance Sheet

Ovintiv Inc. (TSE:OVV) Shares Could Be 39% Below Their Intrinsic Value Estimate

Apr 06
Ovintiv Inc. (TSE:OVV) Shares Could Be 39% Below Their Intrinsic Value Estimate

Here's Why Ovintiv (TSE:OVV) Has Caught The Eye Of Investors

Mar 01
Here's Why Ovintiv (TSE:OVV) Has Caught The Eye Of Investors

A Look At The Intrinsic Value Of Ovintiv Inc. (TSE:OVV)

Jan 03
A Look At The Intrinsic Value Of Ovintiv Inc. (TSE:OVV)

Here's Why Ovintiv (TSE:OVV) Can Manage Its Debt Responsibly

Dec 12
Here's Why Ovintiv (TSE:OVV) Can Manage Its Debt Responsibly

Ovintiv Inc. (TSE:OVV) Shares Could Be 43% Below Their Intrinsic Value Estimate

Sep 19
Ovintiv Inc. (TSE:OVV) Shares Could Be 43% Below Their Intrinsic Value Estimate

Does Ovintiv (TSE:OVV) Have A Healthy Balance Sheet?

Aug 29
Does Ovintiv (TSE:OVV) Have A Healthy Balance Sheet?

Broker Revenue Forecasts For Ovintiv Inc. (TSE:OVV) Are Surging Higher

Aug 07
Broker Revenue Forecasts For Ovintiv Inc. (TSE:OVV) Are Surging Higher

CEO Compensation Analysis

How has Brendan McCracken's remuneration changed compared to Ovintiv's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023US$12mUS$1m

US$2b

Sep 30 2023n/an/a

US$3b

Jun 30 2023n/an/a

US$3b

Mar 31 2023n/an/a

US$4b

Dec 31 2022US$10mUS$1m

US$4b

Sep 30 2022n/an/a

US$4b

Jun 30 2022n/an/a

US$2b

Mar 31 2022n/an/a

US$866m

Dec 31 2021US$9mUS$703k

US$1b

Sep 30 2021n/an/a

-US$582m

Jun 30 2021n/an/a

-US$2b

Mar 31 2021n/an/a

-US$6b

Dec 31 2020US$2mUS$350k

-US$6b

Sep 30 2020n/an/a

-US$5b

Jun 30 2020n/an/a

-US$4b

Mar 31 2020n/an/a

US$900m

Dec 31 2019US$1mUS$298k

US$234m

Compensation vs Market: Brendan's total compensation ($USD11.78M) is above average for companies of similar size in the Canadian market ($USD8.04M).

Compensation vs Earnings: Brendan's compensation has been consistent with company performance over the past year.


CEO

Brendan McCracken (47 yo)

3.3yrs

Tenure

US$11,783,939

Compensation

Mr. Brendan Michael McCracken serves as President of Ovintiv Inc. since December 2020 and serves as its Chief Executive Officer and Director since August 1, 2021 and served as Executive Vice President of C...


Leadership Team

NamePositionTenureCompensationOwnership
Brendan McCracken
President3.3yrsUS$11.78m0.068%
$ 12.9m
Corey Code
Executive VP & CFO4.8yrsUS$3.93m0.060%
$ 11.4m
Gregory Givens
Executive VP & COO4.5yrsUS$5.04m0.069%
$ 13.1m
Meghan Eilers
Executive VPno dataUS$2.71m0.012%
$ 2.2m
Renee Zemljak
Executive Vice President of Midstream14.3yrsUS$3.18m0.011%
$ 2.0m
Stephen Campbell
Senior Vice President of Investor Relationsno datano datano data
Rachel Moore
Executive Vice President of Corporate Services3.8yrsUS$1.96m0.029%
$ 5.4m

4.5yrs

Average Tenure

49yo

Average Age

Experienced Management: OVV's management team is considered experienced (4.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Brendan McCracken
President2.6yrsUS$11.78m0.068%
$ 12.9m
George Pita
Independent Director2.7yrsUS$303.60k0.0039%
$ 742.8k
Peter Dea
Independent Chairman13.8yrsUS$465.41k0.028%
$ 5.3m
Thomas Ricks
Independent Director5.1yrsUS$305.43k0.069%
$ 13.1m
Brian Shaw
Independent Director11.1yrsUS$289.37k0.014%
$ 2.7m
Steven Nance
Independent Director5.1yrsUS$300.42k0.020%
$ 3.7m
Ralph Izzo
Independent Director1.5yrsUS$290.43k0.0027%
$ 512.2k
Lee McIntire
Independent Director9.3yrsUS$290.42k0.020%
$ 3.8m
Suzanne Nimocks
Independent Director14.2yrsUS$305.43k0.019%
$ 3.7m
Meg Gentle
Independent Director3.3yrsUS$290.43k0.0070%
$ 1.3m
Howard Mayson
Independent Director9.8yrsUS$300.43k0.017%
$ 3.2m
Sippy Chhina
Independent Directorless than a yearno datano data

5.1yrs

Average Tenure

65.5yo

Average Age

Experienced Board: OVV's board of directors are considered experienced (5.1 years average tenure).


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