Peyto Exploration & Development Management
Management criteria checks 3/4
Peyto Exploration & Development's CEO is JP Lachance, appointed in Dec 2022, has a tenure of less than a year. total yearly compensation is CA$2.45M, comprised of 12.2% salary and 87.8% bonuses, including company stock and options. directly owns 0.23% of the company’s shares, worth CA$5.81M. The average tenure of the management team and the board of directors is 12.3 years and 10.6 years respectively.
Key information
JP Lachance
Chief executive officer
CA$2.5m
Total compensation
| CEO salary percentage | 12.2% |
| CEO tenure | less than a year |
| CEO ownership | 0.2% |
| Management average tenure | 12.3yrs |
| Board average tenure | 10.6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2023 | n/a | n/a | CA$346m |
| Mar 31 2023 | n/a | n/a | CA$383m |
| Dec 31 2022 | CA$2m | CA$300k | CA$391m |
| Sep 30 2022 | n/a | n/a | CA$349m |
| Jun 30 2022 | n/a | n/a | CA$293m |
| Mar 31 2022 | n/a | n/a | CA$212m |
| Dec 31 2021 | CA$1m | CA$272k | CA$152m |
| Sep 30 2021 | n/a | n/a | CA$146m |
| Jun 30 2021 | n/a | n/a | CA$106m |
| Mar 31 2021 | n/a | n/a | CA$71m |
| Dec 31 2020 | CA$739k | CA$254k | -CA$36m |
| Sep 30 2020 | n/a | n/a | -CA$98m |
| Jun 30 2020 | n/a | n/a | -CA$80m |
| Mar 31 2020 | n/a | n/a | CA$41m |
| Dec 31 2019 | CA$1m | CA$250k | CA$133m |
| Sep 30 2019 | n/a | n/a | CA$151m |
| Jun 30 2019 | n/a | n/a | CA$175m |
| Mar 31 2019 | n/a | n/a | CA$106m |
| Dec 31 2018 | CA$2m | CA$248k | CA$129m |
| Sep 30 2018 | n/a | n/a | CA$159m |
| Jun 30 2018 | n/a | n/a | CA$175m |
| Mar 31 2018 | n/a | n/a | CA$184m |
| Dec 31 2017 | CA$2m | CA$230k | CA$177m |
| Sep 30 2017 | n/a | n/a | CA$164m |
| Jun 30 2017 | n/a | n/a | CA$142m |
| Mar 31 2017 | n/a | n/a | CA$111m |
| Dec 31 2016 | CA$2m | CA$230k | CA$112m |
Compensation vs Market: JP's total compensation ($USD1.79M) is about average for companies of similar size in the Canadian market ($USD2.41M).
Compensation vs Earnings: JP's compensation has increased by more than 20% in the past year.
CEO
JP Lachance (56 yo)
less than a year
Tenure
CA$2,453,125
Compensation
Mr. Jean-Paul H. Lachance, also known as JP, has been Chief Executive Officer of Peyto Exploration & Development Corp. since December 31, 2022. He is President and Director of Peyto Exploration & Developme...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | less than a year | CA$2.45m | 0.23% CA$ 5.8m | |
| VP & CFO | 15.9yrs | CA$1.91m | 0.094% CA$ 2.4m | |
| Vice President of Drilling & Completions | 8.8yrs | CA$1.95m | 0.20% CA$ 4.9m | |
| Manager of Human Resources | no data | no data | no data | |
| Corporate Secretary | 23.8yrs | CA$33.60k | 0.32% CA$ 8.1m | |
| Vice President of Engineering | no data | no data | 0.044% CA$ 1.1m | |
| Vice President of Finance | no data | no data | 0.0054% CA$ 137.6k |
12.3yrs
Average Tenure
56yo
Average Age
Experienced Management: PEY.R's management team is seasoned and experienced (12.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | less than a year | CA$2.45m | 0.23% CA$ 5.8m | |
| Independent Chairman of the Board | 25yrs | CA$188.12k | 0.73% CA$ 18.6m | |
| Director | 16.8yrs | CA$730.90k | 1.34% CA$ 33.8m | |
| Lead Independent Director | 20.3yrs | CA$148.13k | 0.062% CA$ 1.6m | |
| Independent Director | 4.4yrs | CA$138.13k | 0.061% CA$ 1.5m | |
| Independent Director | 17.2yrs | CA$138.13k | 0.12% CA$ 3.1m | |
| Independent Director | less than a year | CA$28.12k | 0.0026% CA$ 64.9k | |
| Independent Director | less than a year | no data | 0.0036% CA$ 90.7k |
10.6yrs
Average Tenure
56.5yo
Average Age
Experienced Board: PEY.R's board of directors are seasoned and experienced ( 10.6 years average tenure).