Emera Management
Management criteria checks 4/4
Emera's CEO is Scott Balfour, appointed in Mar 2018, has a tenure of 6.67 years. total yearly compensation is CA$8.57M, comprised of 13.2% salary and 86.8% bonuses, including company stock and options. directly owns 0.038% of the company’s shares, worth CA$5.76M. The average tenure of the management team and the board of directors is 5.1 years and 6.3 years respectively.
Key information
Scott Balfour
Chief executive officer
CA$8.6m
Total compensation
| CEO salary percentage | 13.2% |
| CEO tenure | 6.7yrs |
| CEO ownership | 0.04% |
| Management average tenure | 5.1yrs |
| Board average tenure | 6.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | CA$629m |
| Jun 30 2024 | n/a | n/a | CA$726m |
| Mar 31 2024 | n/a | n/a | CA$625m |
| Dec 31 2023 | CA$9m | CA$1m | CA$978m |
| Sep 30 2023 | n/a | n/a | CA$1b |
| Jun 30 2023 | n/a | n/a | CA$1b |
| Mar 31 2023 | n/a | n/a | CA$1b |
| Dec 31 2022 | CA$8m | CA$1m | CA$945m |
| Sep 30 2022 | n/a | n/a | CA$787m |
| Jun 30 2022 | n/a | n/a | CA$550m |
| Mar 31 2022 | n/a | n/a | CA$600m |
| Dec 31 2021 | CA$8m | CA$1m | CA$511m |
| Sep 30 2021 | n/a | n/a | CA$458m |
| Jun 30 2021 | n/a | n/a | CA$613m |
| Mar 31 2021 | n/a | n/a | CA$688m |
| Dec 31 2020 | CA$8m | CA$1m | CA$938m |
| Sep 30 2020 | n/a | n/a | CA$858m |
| Jun 30 2020 | n/a | n/a | CA$829m |
| Mar 31 2020 | n/a | n/a | CA$874m |
| Dec 31 2019 | CA$7m | CA$1m | CA$663m |
| Sep 30 2019 | n/a | n/a | CA$701m |
| Jun 30 2019 | n/a | n/a | CA$764m |
| Mar 31 2019 | n/a | n/a | CA$750m |
| Dec 31 2018 | CA$6m | CA$987k | CA$710m |
| Sep 30 2018 | n/a | n/a | CA$251m |
| Jun 30 2018 | n/a | n/a | CA$214m |
| Mar 31 2018 | n/a | n/a | CA$225m |
| Dec 31 2017 | CA$3m | CA$727k | CA$266m |
Compensation vs Market: Scott's total compensation ($USD6.13M) is about average for companies of similar size in the Canadian market ($USD7.94M).
Compensation vs Earnings: Scott's compensation has been consistent with company performance over the past year.
CEO
Scott Balfour (60 yo)
6.7yrs
Tenure
CA$8,572,784
Compensation
Mr. Scott Carlyle Balfour has been Chief Executive Officer, President and Director of Emera Incorporated since March 29, 2018. He served as Chief Operating Officer of Emera Incorporated since November 18,...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 6.7yrs | CA$8.57m | 0.038% CA$ 5.8m | |
| Chief Financial Officer | 8.7yrs | CA$2.68m | 0.00099% CA$ 150.6k | |
| Chief Risk & Sustainability Officer | 2.4yrs | CA$1.98m | no data | |
| Executive Vice President of Business Development & Strategy | 5.1yrs | CA$2.01m | 0.00075% CA$ 114.1k | |
| President & CEO of Tampa Electric | 3.8yrs | CA$2.71m | 0.0041% CA$ 620.5k | |
| Vice President of Investor Relations & Pensions | no data | no data | no data | |
| Executive VP | 2.3yrs | no data | 0.00092% CA$ 139.9k | |
| Chief Human Resources Officer | 9.9yrs | no data | 0.00098% CA$ 149.0k | |
| Executive Vice President of Project Development & Operations Support | 11.8yrs | no data | 0.0030% CA$ 456.3k | |
| Chief Digital Officer | 4.8yrs | no data | no data | |
| Managing Director of Barbados Light & Power Company | 4.6yrs | no data | no data | |
| President & COO of Emera Energy Inc | 12.1yrs | CA$974.95k | 0.00012% CA$ 18.3k |
5.1yrs
Average Tenure
60yo
Average Age
Experienced Management: EMA.PRH's management team is seasoned and experienced (5.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 6.7yrs | CA$8.57m | 0.038% CA$ 5.8m | |
| Independent Chair of the Board | 15.8yrs | CA$460.00k | 0.0041% CA$ 620.5k | |
| Independent Director | 2.8yrs | CA$330.09k | no data | |
| Independent Director | less than a year | no data | 0.0051% CA$ 778.7k | |
| Independent Director | 10.2yrs | CA$295.50k | 0.00062% CA$ 94.3k | |
| Independent Director | 7yrs | CA$358.63k | no data | |
| Independent Director | 3.8yrs | CA$286.78k | 0.0010% CA$ 155.1k | |
| Independent Director | 2.8yrs | CA$285.50k | 0.011% CA$ 1.7m | |
| Independent Director | 6.3yrs | CA$295.50k | 0.0048% CA$ 736.1k | |
| Independent Director | 6.3yrs | CA$306.00k | no data | |
| Independent Director | 11.8yrs | CA$296.00k | 0.0015% CA$ 232.7k | |
| Director | less than a year | no data | no data |
6.3yrs
Average Tenure
65yo
Average Age
Experienced Board: EMA.PRH's board of directors are considered experienced (6.3 years average tenure).