Canadian Utilities Limited

TSX:CU.X Stock Report

Market Cap: CA$8.6b

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Canadian Utilities Management

Management criteria checks 3/4

Canadian Utilities' CEO is Nancy Southern, appointed in Jul 2021, has a tenure of 2.42 years. total yearly compensation is CA$4.67M, comprised of 19% salary and 81% bonuses, including company stock and options. directly owns 0.09% of the company’s shares, worth CA$7.80M. The average tenure of the management team and the board of directors is 3.4 years and 9.6 years respectively.

Key information

Nancy Southern

Chief executive officer

CA$4.7m

Total compensation

CEO salary percentage19.04%
CEO tenure2.4yrs
CEO ownership0.09%
Management average tenure3.4yrs
Board average tenure9.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Nancy Southern's remuneration changed compared to Canadian Utilities's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2023n/an/a

CA$589m

Jun 30 2023n/an/a

CA$573m

Mar 31 2023n/an/a

CA$621m

Dec 31 2022CA$5mCA$890k

CA$557m

Sep 30 2022n/an/a

CA$592m

Jun 30 2022n/an/a

CA$558m

Mar 31 2022n/an/a

CA$413m

Dec 31 2021CA$3mCA$890k

CA$328m

Sep 30 2021n/an/a

CA$255m

Jun 30 2021n/an/a

CA$274m

Mar 31 2021n/an/a

CA$341m

Dec 31 2020CA$5mCA$638k

CA$360m

Sep 30 2020n/an/a

CA$407m

Jun 30 2020n/an/a

CA$600m

Mar 31 2020n/an/a

CA$827m

Dec 31 2019CA$831kCA$899k

CA$884m

Sep 30 2019n/an/a

CA$989m

Jun 30 2019n/an/a

CA$907m

Mar 31 2019n/an/a

CA$605m

Dec 31 2018CA$3mCA$875k

CA$567m

Sep 30 2018n/an/a

CA$413m

Jun 30 2018n/an/a

CA$306m

Mar 31 2018n/an/a

CA$398m

Dec 31 2017CA$4mCA$881k

CA$447m

Sep 30 2017n/an/a

CA$541m

Jun 30 2017n/an/a

CA$570m

Mar 31 2017n/an/a

CA$588m

Dec 31 2016CA$4mCA$868k

CA$552m

Compensation vs Market: Nancy's total compensation ($USD3.50M) is about average for companies of similar size in the Canadian market ($USD3.97M).

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

CEO

Nancy Southern (66 yo)

2.4yrs
Tenure
CA$4,674,814
Compensation

Ms. Nancy C. Southern has been Executive Chairman at CU Inc. and serves as its Chief Executive Officer. She serves as Chief Executive Officer of ATCO Ltd. since January 2000.Ms. Southern served as the Chi...

Leadership Team

NamePositionTenureCompensationOwnership
Nancy Southern
Executive Chair & CEO2.4yrsCA$4.67m0.090%
CA$ 7.8m
Brian Shkrobot
Executive VP & CFOno dataCA$1.44m0.0042%
CA$ 363.2k
Robert Myles
Chief Operating Officer of ATCO EnPowerless than a yearCA$1.47m0.0013%
CA$ 115.0k
Rebecca Penrice
Executive Vice President of Corporate Services3.9yrsCA$1.29m0.00099%
CA$ 85.6k
Melanie Bayley
President of ATCO Electric Ltd2.9yrsCA$1.36m0.0049%
CA$ 421.1k
Alan Skiffington
VP & Chief Information Officerno datano datano data
Myles Dougan
Director of Investor Relations & External Reportingno datano datano data
Kurt Kadatz
Senior Communications Managerno datano datano data
Lisa Cooke
Senior VP & Chief Marketing Officer1.3yrsno datano data
Deanna Girard
Vice President of Human Resources5.5yrsno datano data
Brian Bale
Special Advisor to the CEO and Senior VP of IT & Real Estate6.5yrsCA$500.73kno data
J.D. Creaghan
Managing Director for Australia6.6yrsno datano data
3.4yrs
Average Tenure
54yo
Average Age

Experienced Management: CU.X's management team is considered experienced (3.4 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Nancy Southern
Executive Chair & CEO33.9yrsCA$4.67m0.090%
CA$ 7.8m
Roger Urwin
Independent Lead Director3.6yrsCA$563.57k0.0082%
CA$ 711.7k
Robert Routs
Independent Directorless than a yearCA$125.01k0.0040%
CA$ 349.4k
Alexander Pourbaix
Independent Director4.1yrsCA$270.00k0.0071%
CA$ 615.7k
Robert Normand
Independent Director15.6yrsCA$307.70k0.011%
CA$ 919.2k
Linda Southern-Heathcott
Vice Chair of the Board23.9yrsCA$228.00k0.0095%
CA$ 825.9k
Laura Reed
Independent Director9.6yrsCA$284.24k0.0077%
CA$ 664.1k
Loraine Charlton
Independent Director17.6yrsCA$297.70k0.018%
CA$ 1.6m
Robert J. Hanf
Independent Director2.3yrsCA$352.91k0.011%
CA$ 983.2k
Matthias Bichsel
Independent Director9.6yrsCA$220.00k0.0094%
CA$ 815.5k
Hector Rangel
Independent Director9.6yrsCA$244.02k0.011%
CA$ 991.0k
Wayne Wouters
Independent Director4.9yrsCA$220.00k0.0059%
CA$ 505.9k
9.6yrs
Average Tenure
67.5yo
Average Age

Experienced Board: CU.X's board of directors are considered experienced (9.6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/12/21 17:26
End of Day Share Price 2023/12/19 00:00
Earnings2023/09/30
Annual Earnings2022/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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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Learn about the world class team who designed and built the Simply Wall St analysis model.

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

Canadian Utilities Limited is covered by 14 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ross FowlerBarclays
Benjamin PhamBMO Capital Markets Equity Research
Robert HastingsCanaccord Genuity