Veren Management

Management criteria checks 4/4

Veren's CEO is Craig Bryksa, appointed in May 2018, has a tenure of 6.08 years. total yearly compensation is CA$4.86M, comprised of 12.3% salary and 87.7% bonuses, including company stock and options. directly owns 0.2% of the company’s shares, worth CA$13.08M. The average tenure of the management team and the board of directors is 6.1 years and 5.3 years respectively.

Key information

Craig Bryksa

Chief executive officer

CA$4.9m

Total compensation

CEO salary percentage12.3%
CEO tenure6.1yrs
CEO ownership0.2%
Management average tenure6.1yrs
Board average tenure5.3yrs

Recent management updates

Shareholders Would Not Be Objecting To Crescent Point Energy Corp.'s (TSE:CPG) CEO Compensation And Here's Why

May 04
Shareholders Would Not Be Objecting To Crescent Point Energy Corp.'s (TSE:CPG) CEO Compensation And Here's Why

Recent updates

What You Can Learn From Veren Inc.'s (TSE:VRN) P/E

May 22
What You Can Learn From Veren Inc.'s (TSE:VRN) P/E

Shareholders Would Not Be Objecting To Crescent Point Energy Corp.'s (TSE:CPG) CEO Compensation And Here's Why

May 04
Shareholders Would Not Be Objecting To Crescent Point Energy Corp.'s (TSE:CPG) CEO Compensation And Here's Why

Is There An Opportunity With Crescent Point Energy Corp.'s (TSE:CPG) 42% Undervaluation?

Apr 12
Is There An Opportunity With Crescent Point Energy Corp.'s (TSE:CPG) 42% Undervaluation?

Is Crescent Point Energy (TSE:CPG) Using Too Much Debt?

Mar 26
Is Crescent Point Energy (TSE:CPG) Using Too Much Debt?

Crescent Point Energy (TSE:CPG) Has Announced That It Will Be Increasing Its Dividend To CA$0.115

Mar 08
Crescent Point Energy (TSE:CPG) Has Announced That It Will Be Increasing Its Dividend To CA$0.115

Getting In Cheap On Crescent Point Energy Corp. (TSE:CPG) Is Unlikely

Dec 25
Getting In Cheap On Crescent Point Energy Corp. (TSE:CPG) Is Unlikely

News Flash: Analysts Just Made A Dazzling Upgrade To Their Crescent Point Energy Corp. (TSE:CPG) Forecasts

Nov 20
News Flash: Analysts Just Made A Dazzling Upgrade To Their Crescent Point Energy Corp. (TSE:CPG) Forecasts

Here's Why Crescent Point Energy (TSE:CPG) Has A Meaningful Debt Burden

Oct 18
Here's Why Crescent Point Energy (TSE:CPG) Has A Meaningful Debt Burden

Estimating The Intrinsic Value Of Crescent Point Energy Corp. (TSE:CPG)

May 04
Estimating The Intrinsic Value Of Crescent Point Energy Corp. (TSE:CPG)

Analysts' Revenue Estimates For Crescent Point Energy Corp. (TSE:CPG) Are Surging Higher

Mar 30
Analysts' Revenue Estimates For Crescent Point Energy Corp. (TSE:CPG) Are Surging Higher

Crescent Point Energy's (TSE:CPG) Upcoming Dividend Will Be Larger Than Last Year's

Mar 10
Crescent Point Energy's (TSE:CPG) Upcoming Dividend Will Be Larger Than Last Year's

Crescent Point Energy's (TSE:CPG) Upcoming Dividend Will Be Larger Than Last Year's

Feb 11
Crescent Point Energy's (TSE:CPG) Upcoming Dividend Will Be Larger Than Last Year's

Does Crescent Point Energy (TSE:CPG) Have A Healthy Balance Sheet?

Feb 09
Does Crescent Point Energy (TSE:CPG) Have A Healthy Balance Sheet?

Crescent Point Energy (TSE:CPG) Has Announced That It Will Be Increasing Its Dividend To CA$0.10

Jan 12
Crescent Point Energy (TSE:CPG) Has Announced That It Will Be Increasing Its Dividend To CA$0.10

Crescent Point Energy (TSE:CPG) Is Increasing Its Dividend To CA$0.10

Dec 25
Crescent Point Energy (TSE:CPG) Is Increasing Its Dividend To CA$0.10

Crescent Point Energy (TSE:CPG) Is Increasing Its Dividend To CA$0.08

Dec 11
Crescent Point Energy (TSE:CPG) Is Increasing Its Dividend To CA$0.08

CEO Compensation Analysis

How has Craig Bryksa's remuneration changed compared to Veren's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2024n/an/a

CA$216m

Dec 31 2023CA$5mCA$600k

CA$799m

Sep 30 2023n/an/a

CA$256m

Jun 30 2023n/an/a

CA$537m

Mar 31 2023n/an/a

CA$148m

Dec 31 2022CA$5mCA$575k

CA$1b

Sep 30 2022n/an/a

CA$2b

Jun 30 2022n/an/a

CA$2b

Mar 31 2022n/an/a

CA$4b

Dec 31 2021CA$4mCA$500k

CA$2b

Sep 30 2021n/an/a

CA$2b

Jun 30 2021n/an/a

CA$2b

Mar 31 2021n/an/a

-CA$174m

Dec 31 2020CA$4mCA$450k

-CA$3b

Sep 30 2020n/an/a

-CA$3b

Jun 30 2020n/an/a

-CA$4b

Mar 31 2020n/an/a

-CA$3b

Dec 31 2019CA$4mCA$477k

-CA$1b

Sep 30 2019n/an/a

-CA$2b

Jun 30 2019n/an/a

-CA$2b

Mar 31 2019n/an/a

-CA$3b

Dec 31 2018CA$3mCA$353k

-CA$3b

Sep 30 2018n/an/a

-CA$283m

Jun 30 2018n/an/a

-CA$584m

Mar 31 2018n/an/a

-CA$334m

Dec 31 2017CA$1mCA$223k

-CA$124m

Compensation vs Market: Craig's total compensation ($USD3.54M) is about average for companies of similar size in the Canadian market ($USD3.33M).

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


CEO

Craig Bryksa (47 yo)

6.1yrs

Tenure

CA$4,864,229

Compensation

Mr. Craig Bryksa served as Chair of the Board of Governors of Canadian Association of Petroleum Producers and serves as its Director. He has been President and Chief Executive Officer at Crescent Point Ene...


Leadership Team

NamePositionTenureCompensationOwnership
Craig Bryksa
President6.1yrsCA$4.86m0.20%
CA$ 13.1m
Kenneth Lamont
Chief Financial Officer8.4yrsCA$2.75m0.12%
CA$ 7.6m
Ryan Chad Gritzfeldt
Chief Operating Officer6yrsCA$2.64m0.11%
CA$ 7.3m
Mark Eade
Senior VP20.4yrsCA$1.75m0.041%
CA$ 2.7m
Garret Holt
Senior Vice President of Corporate Developmentno dataCA$1.69mno data
Sarfraz Somani
Manager of Investor Relationsno datano datano data
Shelly Witwer
Senior Vice President of Business Development2.4yrsno data0.042%
CA$ 2.8m
Michael Politeski
Senior Vice President of Finance & Treasurerno datano datano data

6.1yrs

Average Tenure

Experienced Management: VRN's management team is seasoned and experienced (6.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Craig Bryksa
President6.1yrsCA$4.86m0.20%
CA$ 13.1m
Mike Jackson
Independent Director7.6yrsCA$221.00k0.013%
CA$ 872.3k
Francois Langlois
Independent Director6.1yrsCA$223.00k0.00025%
CA$ 16.2k
John Dielwart
Independent Director5.3yrsCA$215.00k0.028%
CA$ 1.8m
Myron Stadnyk
Independent Director3.9yrsCA$222.00k0.012%
CA$ 756.7k
Barbara Munroe
Independent Chair of the Board8.3yrsCA$330.00k0.015%
CA$ 949.0k
James Craddock
Independent Director5yrsCA$248.00kno data
Jennifer Koury
Independent Director5yrsCA$217.00k0.0016%
CA$ 105.2k
Mindy Wight
Independent Director2.1yrsCA$211.00kno data

5.3yrs

Average Tenure

62yo

Average Age

Experienced Board: VRN's board of directors are considered experienced (5.3 years average tenure).


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