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$12.74M. 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 percentage | 12.3% |
| CEO tenure | 6.1yrs |
| CEO ownership | 0.2% |
| Management average tenure | 6.1yrs |
| Board average tenure | 5.3yrs |
Recent management updates
Recent updates
What You Can Learn From Veren Inc.'s (TSE:VRN) P/E
May 22
Shareholders Would Not Be Objecting To Crescent Point Energy Corp.'s (TSE:CPG) CEO Compensation And Here's Why
May 04Is There An Opportunity With Crescent Point Energy Corp.'s (TSE:CPG) 42% Undervaluation?
Apr 12Is Crescent Point Energy (TSE:CPG) Using Too Much Debt?
Mar 26Crescent Point Energy (TSE:CPG) Has Announced That It Will Be Increasing Its Dividend To CA$0.115
Mar 08Getting In Cheap On Crescent Point Energy Corp. (TSE:CPG) Is Unlikely
Dec 25News Flash: Analysts Just Made A Dazzling Upgrade To Their Crescent Point Energy Corp. (TSE:CPG) Forecasts
Nov 20Here's Why Crescent Point Energy (TSE:CPG) Has A Meaningful Debt Burden
Oct 18Estimating The Intrinsic Value Of Crescent Point Energy Corp. (TSE:CPG)
May 04Analysts' Revenue Estimates For Crescent Point Energy Corp. (TSE:CPG) Are Surging Higher
Mar 30Crescent Point Energy's (TSE:CPG) Upcoming Dividend Will Be Larger Than Last Year's
Mar 10Crescent Point Energy's (TSE:CPG) Upcoming Dividend Will Be Larger Than Last Year's
Feb 11Does Crescent Point Energy (TSE:CPG) Have A Healthy Balance Sheet?
Feb 09Crescent Point Energy (TSE:CPG) Has Announced That It Will Be Increasing Its Dividend To CA$0.10
Jan 12Crescent Point Energy (TSE:CPG) Is Increasing Its Dividend To CA$0.10
Dec 25Crescent Point Energy (TSE:CPG) Is Increasing Its Dividend To CA$0.08
Dec 11CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | CA$216m |
| Dec 31 2023 | CA$5m | CA$600k | CA$799m |
| Sep 30 2023 | n/a | n/a | CA$256m |
| Jun 30 2023 | n/a | n/a | CA$537m |
| Mar 31 2023 | n/a | n/a | CA$148m |
| Dec 31 2022 | CA$5m | CA$575k | CA$1b |
| Sep 30 2022 | n/a | n/a | CA$2b |
| Jun 30 2022 | n/a | n/a | CA$2b |
| Mar 31 2022 | n/a | n/a | CA$4b |
| Dec 31 2021 | CA$4m | CA$500k | 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$174m |
| Dec 31 2020 | CA$4m | CA$450k | -CA$3b |
| Sep 30 2020 | n/a | n/a | -CA$3b |
| Jun 30 2020 | n/a | n/a | -CA$4b |
| Mar 31 2020 | n/a | n/a | -CA$3b |
| Dec 31 2019 | CA$4m | CA$477k | -CA$1b |
| Sep 30 2019 | n/a | n/a | -CA$2b |
| Jun 30 2019 | n/a | n/a | -CA$2b |
| Mar 31 2019 | n/a | n/a | -CA$3b |
| Dec 31 2018 | CA$3m | CA$353k | -CA$3b |
| Sep 30 2018 | n/a | n/a | -CA$283m |
| Jun 30 2018 | n/a | n/a | -CA$584m |
| Mar 31 2018 | n/a | n/a | -CA$334m |
| Dec 31 2017 | CA$1m | CA$223k | -CA$124m |
Compensation vs Market: Craig's total compensation ($USD3.54M) is about average for companies of similar size in the Canadian market ($USD3.40M).
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 6.1yrs | CA$4.86m | 0.20% CA$ 12.7m | |
| Chief Financial Officer | 8.4yrs | CA$2.75m | 0.12% CA$ 7.5m | |
| Chief Operating Officer | 6yrs | CA$2.64m | 0.11% CA$ 7.2m | |
| Senior VP | 20.4yrs | CA$1.75m | 0.041% CA$ 2.6m | |
| Senior Vice President of Corporate Development | no data | CA$1.69m | no data | |
| Manager of Investor Relations | no data | no data | no data | |
| Senior Vice President of Business Development | 2.4yrs | no data | 0.042% CA$ 2.7m | |
| Senior Vice President of Finance & Treasurer | no data | no data | no data |
6.1yrs
Average Tenure
Experienced Management: VRN's management team is seasoned and experienced (6.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 6.1yrs | CA$4.86m | 0.20% CA$ 12.7m | |
| Independent Director | 7.6yrs | CA$221.00k | 0.013% CA$ 849.9k | |
| Independent Director | 6.1yrs | CA$223.00k | 0.00025% CA$ 15.8k | |
| Independent Director | 5.3yrs | CA$215.00k | 0.028% CA$ 1.8m | |
| Independent Director | 3.9yrs | CA$222.00k | 0.012% CA$ 737.3k | |
| Independent Chair of the Board | 8.3yrs | CA$330.00k | 0.015% CA$ 924.6k | |
| Independent Director | 5yrs | CA$248.00k | no data | |
| Independent Director | 5yrs | CA$217.00k | 0.0016% CA$ 102.5k | |
| Independent Director | 2.1yrs | CA$211.00k | no data |
5.3yrs
Average Tenure
62yo
Average Age
Experienced Board: VRN's board of directors are considered experienced (5.3 years average tenure).