TC Energy Management
Management criteria checks 3/4
TC Energy's CEO is Francois Poirier, appointed in Jan 2021, has a tenure of 3.25 years. total yearly compensation is CA$13.29M, comprised of 8.9% salary and 91.1% bonuses, including company stock and options. directly owns 0.011% of the company’s shares, worth CA$5.55M. The average tenure of the management team and the board of directors is 2.7 years and 3.9 years respectively.
Key information
Francois Poirier
Chief executive officer
CA$13.3m
Total compensation
| CEO salary percentage | 8.9% |
| CEO tenure | 3.3yrs |
| CEO ownership | 0.01% |
| Management average tenure | 2.7yrs |
| Board average tenure | 3.9yrs |
Recent management updates
Recent updates
Slowing Rates Of Return At TC Energy (TSE:TRP) Leave Little Room For Excitement
Mar 31
TC Energy (TSE:TRP) Will Pay A Larger Dividend Than Last Year At CA$0.96
Mar 15TC Energy (TSE:TRP) Use Of Debt Could Be Considered Risky
Jan 27Calculating The Fair Value Of TC Energy Corporation (TSE:TRP)
Jan 09TC Energy Corporation's (TSE:TRP) Shareholders Might Be Looking For Exit
Dec 22Returns On Capital At TC Energy (TSE:TRP) Have Hit The Brakes
Oct 19TC Energy (TSE:TRP) Has No Shortage Of Debt
Sep 22Calculating The Fair Value Of TC Energy Corporation (TSE:TRP)
Aug 09Returns On Capital At TC Energy (TSE:TRP) Have Stalled
Jul 09Does TC Energy (TSE:TRP) Have A Healthy Balance Sheet?
Jun 21TC Energy's (TSE:TRP) Shareholders Will Receive A Bigger Dividend Than Last Year
May 16TC Energy's (TSE:TRP) Dividend Will Be Increased To CA$0.93
May 02Returns On Capital At TC Energy (TSE:TRP) Have Stalled
Mar 25These 4 Measures Indicate That TC Energy (TSE:TRP) Is Using Debt In A Risky Way
Mar 07TC Energy's (TSE:TRP) Dividend Will Be Increased To CA$0.93
Feb 17Returns At TC Energy (TSE:TRP) Appear To Be Weighed Down
Dec 14Here's Why TC Energy (TSE:TRP) Is Weighed Down By Its Debt Load
Nov 16Calculating The Fair Value Of TC Energy Corporation (TSE:TRP)
Oct 12TC Energy Corporation's (TSE:TRP) Intrinsic Value Is Potentially 43% Above Its Share Price
Jul 11Does TC Energy (TSE:TRP) Have A Healthy Balance Sheet?
May 30CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | CA$13m | CA$1m | CA$3b |
| Sep 30 2023 | n/a | n/a | -CA$81m |
| Jun 30 2023 | n/a | n/a | CA$957m |
| Mar 31 2023 | n/a | n/a | CA$2b |
| Dec 31 2022 | CA$11m | CA$1m | CA$641m |
| Sep 30 2022 | n/a | n/a | CA$3b |
| Jun 30 2022 | n/a | n/a | CA$3b |
| Mar 31 2022 | n/a | n/a | CA$3b |
| Dec 31 2021 | CA$10m | CA$1m | CA$2b |
| Sep 30 2021 | n/a | n/a | CA$2b |
| Jun 30 2021 | n/a | n/a | CA$2b |
| Mar 31 2021 | n/a | n/a | CA$2b |
| Dec 31 2020 | CA$6m | CA$800k | CA$4b |
| Sep 30 2020 | n/a | n/a | CA$4b |
| Jun 30 2020 | n/a | n/a | CA$4b |
| Mar 31 2020 | n/a | n/a | CA$4b |
| Dec 31 2019 | CA$3m | CA$546k | CA$4b |
| Sep 30 2019 | n/a | n/a | CA$4b |
| Jun 30 2019 | n/a | n/a | CA$4b |
| Mar 31 2019 | n/a | n/a | CA$4b |
| Dec 31 2018 | CA$3m | CA$515k | CA$4b |
| Sep 30 2018 | n/a | n/a | CA$3b |
| Jun 30 2018 | n/a | n/a | CA$3b |
| Mar 31 2018 | n/a | n/a | CA$3b |
| Dec 31 2017 | CA$2m | CA$413k | CA$3b |
Compensation vs Market: Francois's total compensation ($USD9.71M) is about average for companies of similar size in the Canadian market ($USD8.25M).
Compensation vs Earnings: Francois's compensation has increased by more than 20% in the past year.
CEO
Francois Poirier (57 yo)
3.3yrs
Tenure
CA$13,290,831
Compensation
Mr. Francois Lionel Poirier has been President, Chief Executive Officer and Director of TC Energy Corporation since January 1, 2021. Mr. Poirier had been President of Power & Storage and Mexico at TC Energ...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 3.3yrs | CA$13.29m | 0.011% CA$ 5.5m | |
| Executive VP & CFO | 2.7yrs | CA$3.42m | 0.0034% CA$ 1.7m | |
| Executive VP of Strategy | less than a year | CA$6.35m | 0% CA$ 0 | |
| Executive VP & COO of Natural Gas Pipelines | no data | CA$7.29m | 0.0052% CA$ 2.6m | |
| Executive VP & President of Liquids Pipelines | 1.3yrs | CA$4.46m | 0.0019% CA$ 959.0k | |
| Vice-President of Investor Relations | no data | no data | 0.00051% CA$ 260.2k | |
| Executive VP | 4.9yrs | no data | 0.0033% CA$ 1.7m | |
| President of Liquids Pipelines. | no data | no data | 0.0023% CA$ 1.2m | |
| Executive Vice-President of Corporate Services | 3.3yrs | no data | 0.0014% CA$ 688.7k | |
| Senior Vice President of External Relations | 2.4yrs | no data | 0.0014% CA$ 704.0k | |
| President of Canadian Natural Gas Pipelines | no data | no data | 0.0015% CA$ 790.7k | |
| Executive VP & President of U.S. Natural Gas Pipelines | no data | no data | 0.00093% CA$ 474.4k |
2.7yrs
Average Tenure
57yo
Average Age
Experienced Management: TRP's management team is considered experienced (2.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 3.3yrs | CA$13.29m | 0.011% CA$ 5.5m | |
| Independent Director | 2.8yrs | CA$366.88k | no data | |
| Independent Chair of the Board | 8.6yrs | CA$403.64k | 0.0029% CA$ 1.5m | |
| Independent Director | 4.9yrs | CA$404.30k | 0.00061% CA$ 311.2k | |
| Chair of the Liquids Pipelines Company | less than a year | CA$6.10m | no data | |
| Independent Director | 3.9yrs | CA$349.86k | 0.0010% CA$ 515.2k | |
| Independent Director | 6.4yrs | CA$378.65k | 0.000030% CA$ 15.3k | |
| Independent Director | 8yrs | CA$351.89k | no data | |
| Independent Director | 2yrs | CA$366.88k | 0.0078% CA$ 4.0m | |
| Independent Director | 11.2yrs | CA$378.42k | 0.00043% CA$ 219.4k | |
| Independent Director | 3.9yrs | CA$364.85k | 0.0014% CA$ 698.9k | |
| Independent Director | 1.8yrs | CA$351.89k | 0.00055% CA$ 280.6k |
3.9yrs
Average Tenure
63yo
Average Age
Experienced Board: TRP's board of directors are considered experienced (3.9 years average tenure).