Whitecap Resources Management
Management criteria checks 4/4
Whitecap Resources' CEO is Grant Fagerheim, appointed in Jun 2008, has a tenure of 15.83 years. total yearly compensation is CA$5.04M, comprised of 11.7% salary and 88.3% bonuses, including company stock and options. directly owns 0.59% of the company’s shares, worth CA$38.07M. The average tenure of the management team and the board of directors is 13.9 years and 9.8 years respectively.
Key information
Grant Fagerheim
Chief executive officer
CA$5.0m
Total compensation
| CEO salary percentage | 11.7% |
| CEO tenure | 15.8yrs |
| CEO ownership | 0.6% |
| Management average tenure | 13.9yrs |
| Board average tenure | 9.8yrs |
Recent management updates
Recent updates
Whitecap Resources (TSE:WCP) Has A Somewhat Strained Balance Sheet
Mar 21
Is There An Opportunity With Whitecap Resources Inc.'s (TSE:WCP) 46% Undervaluation?
Feb 24There Is A Reason Whitecap Resources Inc.'s (TSE:WCP) Price Is Undemanding
Feb 02Is Whitecap Resources (TSE:WCP) Using Too Much Debt?
Dec 09Whitecap Resources' (TSE:WCP) Dividend Will Be Increased To CA$0.0608
Oct 20Whitecap Resources Inc.'s (TSE:WCP) Intrinsic Value Is Potentially 70% Above Its Share Price
Oct 12Here's Why Whitecap Resources (TSE:WCP) Has A Meaningful Debt Burden
Aug 18Whitecap Resources (TSE:WCP) Takes On Some Risk With Its Use Of Debt
May 17Is Whitecap Resources Inc. (TSE:WCP) Trading At A 37% Discount?
Mar 09Here's Why Whitecap Resources (TSE:WCP) Has A Meaningful Debt Burden
Feb 15Whitecap Resources' (TSE:WCP) Shareholders Will Receive A Bigger Dividend Than Last Year
Jan 21Is There An Opportunity With Whitecap Resources Inc.'s (TSE:WCP) 25% Undervaluation?
Nov 18Whitecap Resources (TSE:WCP) Has A Pretty Healthy Balance Sheet
Oct 17We Ran A Stock Scan For Earnings Growth And Whitecap Resources (TSE:WCP) Passed With Ease
Aug 23Whitecap Resources Inc. (TSE:WCP) Shares Could Be 43% Below Their Intrinsic Value Estimate
Aug 01CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | CA$686m |
| Dec 31 2023 | CA$5m | CA$590k | CA$889m |
| Sep 30 2023 | n/a | n/a | CA$909m |
| Jun 30 2023 | n/a | n/a | CA$1b |
| Mar 31 2023 | n/a | n/a | CA$1b |
| Dec 31 2022 | CA$5m | CA$515k | CA$2b |
| Sep 30 2022 | n/a | n/a | CA$2b |
| Jun 30 2022 | n/a | n/a | CA$3b |
| Mar 31 2022 | n/a | n/a | CA$2b |
| Dec 31 2021 | CA$3m | CA$458k | CA$2b |
| Sep 30 2021 | n/a | n/a | CA$2b |
| Jun 30 2021 | n/a | n/a | CA$383m |
| Mar 31 2021 | n/a | n/a | CA$286m |
| Dec 31 2020 | CA$2m | CA$397k | -CA$2b |
| Sep 30 2020 | n/a | n/a | -CA$2b |
| Jun 30 2020 | n/a | n/a | -CA$2b |
| Mar 31 2020 | n/a | n/a | -CA$2b |
| Dec 31 2019 | CA$3m | CA$425k | -CA$156m |
| Sep 30 2019 | n/a | n/a | CA$55m |
| Jun 30 2019 | n/a | n/a | CA$82m |
| Mar 31 2019 | n/a | n/a | CA$20m |
| Dec 31 2018 | CA$4m | CA$425k | CA$65m |
| Sep 30 2018 | n/a | n/a | -CA$174m |
| Jun 30 2018 | n/a | n/a | -CA$239m |
| Mar 31 2018 | n/a | n/a | -CA$191m |
| Dec 31 2017 | CA$4m | CA$297k | -CA$124m |
Compensation vs Market: Grant's total compensation ($USD3.69M) is about average for companies of similar size in the Canadian market ($USD3.53M).
Compensation vs Earnings: Grant's compensation has been consistent with company performance over the past year.
CEO
Grant Fagerheim (64 yo)
15.8yrs
Tenure
CA$5,039,998
Compensation
Mr. Grant Bradley Fagerheim has been Chief Executive Officer and President of Whitecap Resources Inc. since June 2008 and was its Chairman of the Board since June 2008. Mr. Fagerheim has extensive experien...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 15.8yrs | CA$5.04m | 0.59% CA$ 38.1m | |
| Senior VP & CFO | 14.6yrs | CA$2.72m | 0.13% CA$ 8.2m | |
| Senior Vice President of Production & Operations | 13.9yrs | CA$1.84m | 0.061% CA$ 4.0m | |
| Senior Vice President of Business Development & IT | 2.9yrs | CA$1.84m | 0.19% CA$ 12.4m | |
| General Counsel | no data | no data | no data | |
| VP of Finance & Controller | 13.1yrs | no data | no data |
13.9yrs
Average Tenure
58yo
Average Age
Experienced Management: WCP's management team is seasoned and experienced (13.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 15.8yrs | CA$5.04m | 0.59% CA$ 38.1m | |
| Independent Chairman of the Board | 10.8yrs | CA$318.27k | 0.019% CA$ 1.2m | |
| Independent Director | 15.8yrs | CA$233.00k | 0.11% CA$ 7.4m | |
| Independent Director | 3.2yrs | CA$229.21k | 0.011% CA$ 706.6k | |
| Independent Director | 14.7yrs | CA$242.00k | 0.022% CA$ 1.4m | |
| Independent Director | 13.6yrs | CA$248.00k | 0.022% CA$ 1.5m | |
| Independent Director | 8.8yrs | CA$234.54k | 0.022% CA$ 1.4m | |
| Independent Director | 1.9yrs | CA$244.17k | 0.010% CA$ 652.0k | |
| Independent Director | 4.8yrs | CA$225.60k | 0.00031% CA$ 20.2k | |
| Independent Director | less than a year | CA$214.89k | 0.0059% CA$ 384.2k |
9.8yrs
Average Tenure
63.5yo
Average Age
Experienced Board: WCP's board of directors are considered experienced (9.8 years average tenure).