AltaGas Management
Management criteria checks 2/4
AltaGas' CEO is Vern Yu, appointed in Jul 2023, has a tenure of 1.58 years. total yearly compensation is CA$12.85M, comprised of 4.1% salary and 95.9% bonuses, including company stock and options. directly owns 0.042% of the company’s shares, worth CA$4.34M. The average tenure of the management team and the board of directors is 6.9 years and 6.6 years respectively.
Key information
Vern Yu
Chief executive officer
CA$12.8m
Total compensation
| CEO salary percentage | 4.1% |
| CEO tenure | 1.6yrs |
| CEO ownership | 0.04% |
| Management average tenure | 6.9yrs |
| Board average tenure | 6.6yrs |
Recent management updates
Recent updates
AltaGas Ltd.'s (TSE:ALA) Price In Tune With Earnings
Feb 07
AltaGas (TSE:ALA) Will Pay A Larger Dividend Than Last Year At CA$0.315
Jan 02Should You Investigate AltaGas Ltd. (TSE:ALA) At CA$32.57?
Dec 21AltaGas' (TSE:ALA) Dividend Will Be CA$0.2975
Dec 03AltaGas' (TSE:ALA) Problems Go Beyond Weak Profit
Nov 07Investors Appear Satisfied With AltaGas Ltd.'s (TSE:ALA) Prospects
Nov 05AltaGas (TSE:ALA) Has A Somewhat Strained Balance Sheet
Sep 29Is Now The Time To Look At Buying AltaGas Ltd. (TSE:ALA)?
Sep 10AltaGas (TSE:ALA) Hasn't Managed To Accelerate Its Returns
Aug 23What AltaGas Ltd.'s (TSE:ALA) P/E Is Not Telling You
Jul 26Here's Why AltaGas (TSE:ALA) Has Caught The Eye Of Investors
Jul 11Is AltaGas (TSE:ALA) A Risky Investment?
May 24AltaGas (TSE:ALA) Has Announced A Dividend Of CA$0.2975
May 07AltaGas Ltd.'s (TSE:ALA) Shareholders Might Be Looking For Exit
Apr 19Is It Too Late To Consider Buying AltaGas Ltd. (TSE:ALA)?
Mar 29AltaGas (TSE:ALA) Strong Profits May Be Masking Some Underlying Issues
Mar 14AltaGas' (TSE:ALA) Shareholders Will Receive A Bigger Dividend Than Last Year
Mar 08Is Now The Time To Put AltaGas (TSE:ALA) On Your Watchlist?
Feb 28AltaGas' (TSE:ALA) Dividend Will Be Increased To CA$0.2975
Feb 09CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | CA$488m |
| Jun 30 2024 | n/a | n/a | CA$429m |
| Mar 31 2024 | n/a | n/a | CA$604m |
| Dec 31 2023 | CA$13m | CA$529k | CA$641m |
Compensation vs Market: Vern's total compensation ($USD8.98M) is above average for companies of similar size in the Canadian market ($USD4.07M).
Compensation vs Earnings: Insufficient data to compare Vern's compensation with company performance.
CEO
Vern Yu (57 yo)
1.6yrs
Tenure
CA$12,847,701
Compensation
Mr. Vernon D. Yu, also known as Vern, serves as President, Chief Executive Officer and Non-Independent Director at AltaGas Ltd. since July 01, 2023. He serves as Chairman of Board Washington Gas Light Comp...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.6yrs | CA$12.85m | 0.042% CA$ 4.3m | |
| Executive VP & CFO | 5.7yrs | CA$4.39m | 0.018% CA$ 1.8m | |
| Executive VP & Chief Administrative Officer | 8.2yrs | CA$3.37m | 0.0085% CA$ 872.9k | |
| Executive VP & President of Midstream | 12.2yrs | CA$2.89m | 0.10% CA$ 10.6m | |
| Executive VP | 5.2yrs | CA$5.35m | 0.0084% CA$ 863.6k | |
| Senior Vice President of Investor Relations & Corporate Development | no data | no data | no data | |
| Executive VP & Chief Legal Officer | no data | no data | no data | |
| Senior Vice President of Organizational Development | 8.2yrs | CA$991.41k | no data | |
| Executive VP & Strategic Advisor | no data | CA$2.05m | 0.0061% CA$ 632.0k | |
| Senior Vice President of Corporate Environmental Health & Safety | no data | no data | no data | |
| Senior VP of Chief Safety | no data | no data | no data | |
| Corporate Secretary | no data | no data | no data |
6.9yrs
Average Tenure
52.5yo
Average Age
Experienced Management: ALA's management team is seasoned and experienced (6.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.6yrs | CA$12.85m | 0.042% CA$ 4.3m | |
| Independent Director | 19.9yrs | CA$311.93k | 0.0057% CA$ 585.7k | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 30.8yrs | CA$276.95k | 0.54% CA$ 55.8m | |
| Independent Director | 5.1yrs | CA$322.02k | 0.0022% CA$ 226.5k | |
| Independent Chairman of the Board | 6.6yrs | CA$466.93k | 0.0057% CA$ 587.8k | |
| Independent Director | 9.3yrs | CA$321.93k | 0.0076% CA$ 787.5k | |
| Independent Director | 6.6yrs | CA$292.35k | 0.0020% CA$ 206.9k | |
| Independent Director | 1.4yrs | CA$90.86k | 0.0024% CA$ 241.9k | |
| Independent Director | 4yrs | CA$280.00k | no data | |
| Independent Director | 9.3yrs | CA$284.85k | 0.0026% CA$ 263.5k |
6.6yrs
Average Tenure
67yo
Average Age
Experienced Board: ALA's board of directors are considered experienced (6.6 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/06 12:12 |
| End of Day Share Price | 2025/02/06 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
AltaGas Ltd. is covered by 25 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Nathan Heywood | ATB Capital Markets |
| Anthony Linton | Barclays |
| Benjamin Pham | BMO Capital Markets Equity Research |