Teck Resources Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Jonathan Price

Chief executive officer

CA$11.4m

Total compensation

CEO salary percentage	12.8%
CEO tenure	1.7yrs
CEO ownership	n/a
Management average tenure	1.8yrs
Board average tenure	5.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jonathan Price's remuneration changed compared to Teck Resources's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	CA$2b
Dec 31 2023	CA$11m	CA$1m	CA$2b
Sep 30 2023	n/a	n/a	CA$2b
Jun 30 2023	n/a	n/a	CA$3b
Mar 31 2023	n/a	n/a	CA$4b
Dec 31 2022	CA$6m	CA$937k	CA$4b
Sep 30 2022	n/a	n/a	CA$6b
Jun 30 2022	n/a	n/a	CA$6b
Mar 31 2022	n/a	n/a	CA$4b
Dec 31 2021	CA$3m	CA$747k	CA$3b
Sep 30 2021	n/a	n/a	CA$917m
Jun 30 2021	n/a	n/a	CA$162m
Mar 31 2021	n/a	n/a	-CA$247m
Dec 31 2020	CA$3m	CA$181k	-CA$864m

Compensation vs Market: Jonathan's total compensation ($USD8.29M) is about average for companies of similar size in the Canadian market ($USD8.28M).

Compensation vs Earnings: Jonathan's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Jonathan Price (46 yo)

1.7yrs

Tenure

CA$11,400,025

Compensation

Mr. Jonathan H. Price, MEng (Hons), MBA, is Chief Executive Officer of Teck Resources Limited since September 30, 2022 and serves as its Director since July 2022 and serves as its President since November...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Jonathan Price	President	1.7yrs	CA$11.40m	no data
Crystal Prystai	Senior VP & CFO	1.8yrs	CA$2.91m	0.000060% CA$ 21.1k
Charlene Ripley	Senior VP & General Counsel	1.3yrs	CA$2.98m	no data
Nicholas Peter Hooper	Senior Vice President of Corporate Development & Exploration	3.7yrs	CA$3.05m	no data
Greg Brouwer	Senior Vice President of Technical	1.4yrs	no data	no data
Justin Webb	VP & Chief Information Officer	1.5yrs	no data	no data
H. Phillips	Senior Vice President of Investor Relations & Strategic Analysis	7.2yrs	no data	no data
Chris Stannell	Public Relations Manager	no data	no data	no data
Dean Winsor	Senior VP & Chief Human Resources Officer	11.5yrs	no data	no data
Michael Han	Chief Economist	no data	no data	no data
Sherhzad Bharmal	Senior Vice President of Base Metals	no data	no data	no data
C. Hanman	Senior Vice President of Sustainability & External Affairs	1.8yrs	no data	no data

1.8yrs

Average Tenure

53.5yo

Average Age

Experienced Management: TECK.A's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Jonathan Price	President	1.8yrs	CA$11.40m	no data
Timothy Snider	Independent Director	9.1yrs	CA$429.40k	0.0025% CA$ 889.4k
Edward Dowling	Independent Director	11.7yrs	CA$434.53k	0.0019% CA$ 650.4k
Norman Keevil	Chairman Emeritus	5.6yrs	CA$825.44k	0.077% CA$ 27.1m
Una Power	Independent Director	7.1yrs	CA$398.31k	0.0022% CA$ 776.9k
Norman Keevil	Vice Chairman	27.1yrs	CA$417.46k	0.0021% CA$ 745.3k
Sheila Murray	Independent Chair of the Board	6.1yrs	CA$674.93k	0.0019% CA$ 678.5k
Sarah Strunk	Independent Director	2.3yrs	CA$335.37k	0.00089% CA$ 312.9k
Arnoud Balhuizen	Independent Director	1.1yrs	CA$253.94k	0.00096% CA$ 337.5k
Paul Schiodtz	Independent Director	2.3yrs	CA$296.64k	0.0031% CA$ 1.1m
Yu Yamato	Independent Director	less than a year	no data	no data

5.6yrs

Average Tenure

61yo

Average Age

Experienced Board: TECK.A's board of directors are considered experienced (5.6 years average tenure).

Teck Resources Management

Management criteria checks 2/4

Key information

Recent management updates

Teck Resources Limited, Annual General Meeting, Apr 25, 2024

Teck Resources Limited Announces Management Changes

Teck Resources Limited Appoints Nick Marach as Corporate Controller

Teck Resources Limited Announces Executive Changes

Teck Resources Limited Appoints Charlene Ripley as Senior Vice President and General Counsel

Teck Resources Limited Appoints Greg Brouwer as Senior Vice President, Technology and Innovation

Recent updates

Teck Resources Limited Announces Dividend, Payable on June 28, 2024

Teck Resources Limited, Annual General Meeting, Apr 25, 2024

Teck Resources Limited Reiterates Production Guidance for the Year 2024; Provides Sales Guidance for the First Quarter of 2024

Teck Resources Limited Provides Production Guidance for the Years 2024, 2025, 2026, 2027 and Sales Guidance Fore the First Quarter of 2024

Teck Resources Limited Announces Dividend, Payable on December 29, 2023

Glencore plc (LSE:GLEN) entered into a binding agreement to acquire 77% stake in Elk Valley Resources Ltd. from Teck Resources Limited (TSX:TECK.B) for $6.93 billion.

Teck Resources Limited to Report Fiscal Year 2023 Results on Feb 22, 2024

Teck Resources Limited Announces Management Changes

JFE Steel Reportedly Eyes Stake in Teck Resources' Coal Business

Teck Resources Limited to Report Q3, 2023 Results on Oct 24, 2023

JSW Steel Reportedly Slows Stake Buy in Teck's Coal Unit Amid India-Canada Diplomatic Row

JSW Steel Reportedly May Pick Majority Stake in Teck Coal Unit

Teck Resources Limited Provides Production Guidance for the Year 2023

Teck Resources Limited Announces Dividend, Payable on September 29, 2023

JSW Steel Reportedly Considering Bid for Stake in Teck Coal Unit

Teck Resources Limited Receives $10 Million in Funding Support from the Government of B.C.'s CleanBC Industry Fund to Progress the Advancement of Its Carbon Capture Utilization and Storage Pilot Project

Teck Resources Limited Appoints Nick Marach as Corporate Controller

Sun Summit Minerals Corp. (TSXV:SMN) completed the acquisition of CR Property from Teck Resources Limited (TSX:TECK.B)

Teck Resources Attracts Interest in Its Coal Business

Glencore Prepares Improved Offer for Teck Resources to Break Deadlock

Teck Resources Limited Announces Executive Changes

Teck Resources Limited Announces Regulatory Approval for the Zafranal Project

Total E&P Canada Ltd. completed the acquisition of an additional 6.65% stake in Fort Hills Energy Limited Partnership from Teck Resources Limited (TSX:TECK.B).

Teck Resources Limited Provides Production Guidance for the Year 2023

Total E&P Canada Ltd. entered into an agreement to acquire Fort Hills Energy Limited Partnership from Teck Resources Limited for approximately CAD 310 million.

Teck Resources Limited Appoints Charlene Ripley as Senior Vice President and General Counsel

Conuma Resources Limited agreed to acquire All the Assets and Liabilities of the Quintette Steelmaking Coal Mine in north-eastern British Colum from Teck Resources Limited (TSX:TECK.B) for CAD 120 million.

Teck Resources Limited Appoints Greg Brouwer as Senior Vice President, Technology and Innovation

Teck Resources Limited Announces Management Changes

Teck Resources Limited Declares Dividend, Payable on December 30, 2022

Teck Resources Limited to Report Q2, 2023 Results on Jul 27, 2023

Suncor Energy Inc. (TSX:SU) agreed to acquire additional 21.3% equity stake in Fort Hills Energy Limited Partnership from Teck Resources Limited (TSX:TECK.B) for approximately CAD 1 billion.

Teck Resources Limited Reports Asset Impairment for the Third Quarter Ended September 30, 2022

Teck Resources Limited Provides Production Guidance for the Year 2022

Teck Resources Limited to Report Q3, 2022 Results on Oct 27, 2022

Thompson Rivers University and Teck Partner to Enhance Health and Safety on Campus Using Antimicrobial Copper

Teck Resources Limited to Report Q4, 2022 Results on Feb 23, 2023

Teck Resources Limited Declares Dividend, Payable on September 29, 2022

Teck Resources Limited Announces Senior Vice President Appointments

Teck Resources Limited to Report Q2, 2022 Results on Jul 27, 2022

Trailbreaker Resources Ltd. (TSXV:TBK) agreed to acquire Eagle Lake Property in South-Central BC from Teck Resources Limited (TSX:TECK.B) for approximately CAD 0.03 million.

Teck Resources Limited Launches Zinc Satellite to Surface Value from Portfolio of Zinc Assets

Teck Resources Limited Provides Production Guidance for the Year 2022 and Sales Guidance for the Second Quarter of 2022

Teck Resources Limited Announces Dividend, Payable on June 30, 2022

Teck Resources Limited to Report Q1, 2022 Results on Apr 27, 2022

Teck Resources Limited Provides Production Guidance for the Year 2022

Teck Resources Limited to Pilot Electric Transport Truck at Highland Valley Copper Operations

Teck Resources Limited, Annual General Meeting, Apr 27, 2022

Teck Resources Limited to Report Q4, 2021 Results on Feb 24, 2022

Teck Resources Limited Updates Production Guidance for Year of 2021

Teck Resources Limited Reports Resumption of Production At Trail Operations

Conquest Resources Limited (TSXV:CQR) completed the acquisition of a 100% interest in DGC Ni-Cu-PGE property located in Afton Township, Ontario from Teck Resources Limited (TSX:TECK.B).

Teck Resources Limited to Pay an Eligible Dividend on June 30, 2021

Conquest Resources Limited (TSXV:CQR) entered into a Purchase and Sale Agreement to acquire a 100% interest in DGC Ni-Cu-PGE property located in Afton Township, Ontario from Teck Resources Limited (TSX:TECK.B) for CAD 0.36 million.

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age