TC Energy Management

Management criteria checks 2/4

TC Energy's CEO is Francois Poirier, appointed in Jan 2021, has a tenure of 3.5 years. total yearly compensation is CA$13.29M, comprised of 8.9% salary and 91.1% bonuses, including company stock and options. directly owns 0.011% of the company’s shares, worth €4.09M. The average tenure of the management team and the board of directors is 2.7 years and 4.2 years respectively.

Key information

Francois Poirier

Chief executive officer

CA$13.3m

Total compensation

CEO salary percentage8.9%
CEO tenure3.5yrs
CEO ownership0.01%
Management average tenure2.7yrs
Board average tenure4.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Francois Poirier's remuneration changed compared to TC Energy's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2024n/an/a

CA$3b

Dec 31 2023CA$13mCA$1m

CA$3b

Sep 30 2023n/an/a

-CA$81m

Jun 30 2023n/an/a

CA$957m

Mar 31 2023n/an/a

CA$2b

Dec 31 2022CA$11mCA$1m

CA$641m

Sep 30 2022n/an/a

CA$3b

Jun 30 2022n/an/a

CA$3b

Mar 31 2022n/an/a

CA$3b

Dec 31 2021CA$10mCA$1m

CA$2b

Sep 30 2021n/an/a

CA$2b

Jun 30 2021n/an/a

CA$2b

Mar 31 2021n/an/a

CA$2b

Dec 31 2020CA$6mCA$800k

CA$4b

Sep 30 2020n/an/a

CA$4b

Jun 30 2020n/an/a

CA$4b

Mar 31 2020n/an/a

CA$4b

Dec 31 2019CA$3mCA$546k

CA$4b

Sep 30 2019n/an/a

CA$4b

Jun 30 2019n/an/a

CA$4b

Mar 31 2019n/an/a

CA$4b

Dec 31 2018CA$3mCA$515k

CA$4b

Sep 30 2018n/an/a

CA$3b

Jun 30 2018n/an/a

CA$3b

Mar 31 2018n/an/a

CA$3b

Dec 31 2017CA$2mCA$413k

CA$3b

Compensation vs Market: Francois's total compensation ($USD9.71M) is above average for companies of similar size in the German market ($USD4.76M).

Compensation vs Earnings: Francois's compensation has increased by more than 20% in the past year.


CEO

Francois Poirier (58 yo)

3.5yrs

Tenure

CA$13,290,831

Compensation

Mr. Francois Lionel Poirier has been President, Chief Executive Officer and Director of TC Energy Corporation since January 1, 2021. Mr. Poirier had been President of Power & Storage and Mexico at TC Energ...


Leadership Team

NamePositionTenureCompensationOwnership
Francois Poirier
CEO, President & Director3.5yrsCA$13.29m0.011%
€ 4.1m
Annesley Wallace
Executive VP of Strategy1.2yrsCA$6.35m0%
€ 0
Stanley Chapman
Executive VP & COO of Natural Gas Pipelinesno dataCA$7.29m0.0052%
€ 2.0m
Bevin Wirzba
Executive VP & President of Liquids Pipelines1.5yrsCA$4.46m0.0019%
€ 712.0k
Sean O'Donnell
Executive VP & CFOless than a yearno data0.0013%
€ 488.6k
Gavin Wylie
Vice-President of Investor Relationsno datano data0.00051%
€ 193.2k
Patrick Keys
Executive VP5.2yrsno data0.0033%
€ 1.3m
Richard Prior
President of Liquids Pipelines.no datano data0.0018%
€ 689.3k
Dawn de Lima
Executive Vice-President of Corporate Services3.6yrsno data0.0014%
€ 511.3k
Patrick Muttart
Senior Vice President of External Relations2.7yrsno data0.0014%
€ 537.8k
Greg Grant
President of Canadian Natural Gas Pipelinesno datano data0.0015%
€ 587.1k
Tina Faraca
Executive VP & President of U.S. Natural Gas Pipelinesno datano data0.00093%
€ 352.2k

2.7yrs

Average Tenure

58yo

Average Age

Experienced Management: TRS's management team is considered experienced (2.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Francois Poirier
CEO, President & Director3.5yrsCA$13.29m0.011%
€ 4.1m
William Johnson
Independent Director3.1yrsCA$366.88kno data
John Lowe
Independent Chair of the Board8.8yrsCA$403.64k0.0029%
€ 1.1m
Una Power
Independent Director5.2yrsCA$404.30k0.00061%
€ 231.0k
Harold Kvisle
Chair of the Liquids Pipelines Companyless than a yearCA$6.10mno data
Siim Vanaselja
Directorless than a yearCA$662.95k0.0050%
€ 1.9m
Michael Culbert
Independent Director4.2yrsCA$349.86k0.0010%
€ 382.5k
Thierry Vandal
Independent Director6.7yrsCA$378.65k0.000030%
€ 11.4k
Indira Samarasekera
Independent Director8.3yrsCA$351.89kno data
David MacNaughton
Directorless than a yearCA$349.86kno data
Mary Salomone
Independent Director11.4yrsCA$378.65k0.00043%
€ 162.9k
Susan Jones
Independent Director4.2yrsCA$364.85k0.0014%
€ 518.9k

4.2yrs

Average Tenure

66yo

Average Age

Experienced Board: TRS's board of directors are considered experienced (4.2 years average tenure).