AltaGas Management
Management criteria checks 2/4
AltaGas' CEO is Vern Yu, appointed in Jul 2023, has a tenure of less than a year. total yearly compensation is CA$12.85M, comprised of 4.1% salary and 95.9% bonuses, including company stock and options. directly owns 0.031% of the company’s shares, worth CA$2.66M. The average tenure of the management team and the board of directors is 7.3 years and 5.8 years respectively.
Key information
Vern Yu
Chief executive officer
CA$12.8m
Total compensation
| CEO salary percentage | 4.1% |
| CEO tenure | less than a year |
| CEO ownership | 0.03% |
| Management average tenure | 7.3yrs |
| Board average tenure | 5.8yrs |
Recent management updates
Recent updates
Is It Too Late To Consider Buying AltaGas Ltd. (TSE:ALA)?
Mar 29
AltaGas (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 09AltaGas' (TSE:ALA) Upcoming Dividend Will Be Larger Than Last Year's
Jan 23Investors Still Waiting For A Pull Back In AltaGas Ltd. (TSE:ALA)
Jan 17AltaGas' (TSE:ALA) Dividend Will Be Increased To CA$0.2975
Dec 27AltaGas (TSE:ALA) Will Pay A Dividend Of CA$0.28
Dec 13Need To Know: Analysts Are Much More Bullish On AltaGas Ltd. (TSE:ALA) Revenues
Dec 07Here's Why We Think AltaGas (TSE:ALA) Might Deserve Your Attention Today
Nov 27Is AltaGas Ltd. (TSE:ALA) Potentially Undervalued?
Nov 09AltaGas (TSE:ALA) Seems To Be Using A Lot Of Debt
Sep 13Should You Be Adding AltaGas (TSE:ALA) To Your Watchlist Today?
Aug 23The AltaGas Ltd. (TSE:ALA) Analysts Have Been Trimming Their Sales Forecasts
Aug 01Is It Too Late To Consider Buying AltaGas Ltd. (TSE:ALA)?
Jul 20These 4 Measures Indicate That AltaGas (TSE:ALA) Is Using Debt In A Risky Way
Jun 14Is AltaGas Ltd. (TSE:ALA) Trading At A 46% Discount?
May 27AltaGas (TSE:ALA) Has Announced That It Will Be Increasing Its Dividend To CA$0.28
May 09What Does AltaGas Ltd.'s (TSE:ALA) Share Price Indicate?
Apr 14These 4 Measures Indicate That AltaGas (TSE:ALA) Is Using Debt In A Risky Way
Mar 02AltaGas (TSE:ALA) Is Increasing Its Dividend To CA$0.28
Feb 09Should You Think About Buying AltaGas Ltd. (TSE:ALA) Now?
Jan 10Growth Investors: Industry Analysts Just Upgraded Their AltaGas Ltd. (TSE:ALA) Revenue Forecasts By 11%
Dec 15Industry Analysts Just Made A Substantial Upgrade To Their AltaGas Ltd. (TSE:ALA) Revenue Forecasts
Oct 31AltaGas (TSE:ALA) Seems To Be Using A Lot Of Debt
Oct 08Is There Now An Opportunity In AltaGas Ltd. (TSE:ALA)?
Aug 25AltaGas (TSE:ALA) Use Of Debt Could Be Considered Risky
Jul 09Is It Time To Consider Buying AltaGas Ltd. (TSE:ALA)?
May 27CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | CA$13m | CA$529k | CA$641m |
Compensation vs Market: Vern's total compensation ($USD9.34M) is above average for companies of similar size in the Canadian market ($USD4.40M).
Compensation vs Earnings: Insufficient data to compare Vern's compensation with company performance.
CEO
Vern Yu (56 yo)
less than a year
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 | less than a year | CA$12.85m | 0.031% CA$ 2.7m | |
| Executive VP & CFO | 4.8yrs | CA$4.39m | 0.017% CA$ 1.5m | |
| Executive VP & Chief Administrative Officer | 7.3yrs | CA$3.37m | 0.0073% CA$ 634.2k | |
| Executive VP & President of Midstream | 11.3yrs | CA$2.89m | 0.11% CA$ 9.7m | |
| Executive VP & President of Utilities | 4.3yrs | CA$5.35m | 0.013% CA$ 1.1m | |
| Senior Vice President of Investor Relations & Corporate Development | no data | no data | no data | |
| Executive VP & Chief Legal Officer | 8.9yrs | CA$2.05m | 0.0054% CA$ 463.7k | |
| Senior Vice President of Organizational Development | 7.3yrs | CA$991.41k | no data | |
| Senior Vice President of Corporate Environmental Health & Safety | no data | no data | no data | |
| Corporate Secretary | no data | no data | no data |
7.3yrs
Average Tenure
51.5yo
Average Age
Experienced Management: ALA's management team is seasoned and experienced (7.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | less than a year | CA$12.85m | 0.031% CA$ 2.7m | |
| Independent Director | 19.1yrs | CA$311.93k | 0.0057% CA$ 495.8k | |
| Independent Director | 30yrs | CA$276.95k | 0.55% CA$ 47.2m | |
| Independent Director | 4.3yrs | CA$322.02k | 0.0022% CA$ 191.2k | |
| Independent Chairman of the Board | 5.8yrs | CA$466.93k | 0.0057% CA$ 497.5k | |
| Independent Director | 8.4yrs | CA$321.93k | 0.0077% CA$ 666.2k | |
| Independent Director | 5.8yrs | CA$292.35k | 0.0020% CA$ 175.6k | |
| Independent Director | 4.3yrs | CA$295.00k | 0% CA$ 0 | |
| Independent Director | less than a year | CA$90.86k | 0.0010% CA$ 87.4k | |
| Independent Director | 3.2yrs | CA$280.00k | no data | |
| Independent Director | 8.4yrs | CA$284.85k | 0.0026% CA$ 223.2k |
5.8yrs
Average Tenure
63yo
Average Age
Experienced Board: ALA's board of directors are considered experienced (5.8 years average tenure).