Cenovus Energy Management
Management criteria checks 2/4
We currently do not have sufficient information about the CEO.
Key information
Jon McKenzie
Chief executive officer
CA$8.7m
Total compensation
CEO salary percentage | 11.4% |
CEO tenure | less than a year |
CEO ownership | 0.04% |
Management average tenure | less than a year |
Board average tenure | 4.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Dec 31 2023 | CA$9m | CA$989k | CA$4b |
Sep 30 2023 | n/a | n/a | CA$4b |
Jun 30 2023 | n/a | n/a | CA$4b |
Mar 31 2023 | n/a | n/a | CA$5b |
Dec 31 2022 | CA$5m | CA$750k | CA$6b |
Sep 30 2022 | n/a | n/a | CA$5b |
Jun 30 2022 | n/a | n/a | CA$4b |
Mar 31 2022 | n/a | n/a | CA$2b |
Dec 31 2021 | CA$6m | CA$700k | CA$553m |
Sep 30 2021 | n/a | n/a | CA$816m |
Jun 30 2021 | n/a | n/a | CA$80m |
Mar 31 2021 | n/a | n/a | -CA$371m |
Dec 31 2020 | CA$4m | CA$588k | -CA$2b |
Sep 30 2020 | n/a | n/a | -CA$2b |
Jun 30 2020 | n/a | n/a | -CA$2b |
Mar 31 2020 | n/a | n/a | CA$287m |
Dec 31 2019 | CA$4m | CA$625k | CA$2b |
Sep 30 2019 | n/a | n/a | CA$731m |
Jun 30 2019 | n/a | n/a | CA$302m |
Mar 31 2019 | n/a | n/a | -CA$2b |
Dec 31 2018 | CA$5m | CA$461k | -CA$3b |
Compensation vs Market: Jon's total compensation ($USD6.35M) is about average for companies of similar size in the German market ($USD5.66M).
Compensation vs Earnings: Jon's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Jon McKenzie (55 yo)
less than a year
Tenure
CA$8,671,098
Compensation
Mr. Jonathan M. McKenzie, also known as Jon, CA, is Vice-Chair of Canadian Association of Petroleum Producers from November 2023. He serves as President, CEO & Non-Independent Director at Cenovus Energy In...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Executive Chair | 6.4yrs | CA$8.11m | 0% CA$ 0 | |
President | less than a year | CA$8.67m | 0.042% CA$ 15.8m | |
Executive VP of Strategy & CFO | less than a year | CA$2.78m | 0.0061% CA$ 2.3m | |
Executive VP & COO | less than a year | CA$3.21m | 0.0072% CA$ 2.7m | |
Executive VP & Chief Commercial Officer | no data | CA$3.20m | 0.0067% CA$ 2.5m | |
Executive Vice President of Upstream – Thermal & Offshore | 4.3yrs | CA$2.68m | 0.0029% CA$ 1.1m | |
Executive Vice-President of Corporate & Operations Services | less than a year | CA$2.78m | 0.0027% CA$ 1.0m | |
Senior Vice President of Investor Relations | no data | no data | no data | |
Senior VP of Legal | 3.3yrs | no data | 0.0029% CA$ 1.1m | |
Senior VP of Corporate Development | less than a year | no data | no data | |
Senior Vice-President of People Services | 2.1yrs | no data | 0.00061% CA$ 227.7k | |
Chief Sustainability Officer & Executive VP of Stakeholder Engagement | 3.3yrs | no data | 0.0021% CA$ 798.9k |
1.0yrs
Average Tenure
55yo
Average Age
Experienced Management: CXD's management team is not considered experienced ( 1 years average tenure), which suggests a new team.
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Executive Chair | 6.4yrs | CA$8.11m | 0% CA$ 0 | |
President | less than a year | CA$8.67m | 0.042% CA$ 15.8m | |
Independent Director | 6yrs | CA$270.00k | 0% CA$ 0 | |
Lead Independent Director | 7.3yrs | CA$303.09k | 0% CA$ 0 | |
Independent Director | 3.3yrs | CA$256.21k | 0% CA$ 0 | |
Independent Director | 3.3yrs | CA$253.00k | 0% CA$ 0 | |
Independent Director | 8yrs | CA$278.00k | 0% CA$ 0 | |
Independent Director | 3.3yrs | CA$263.00k | 0% CA$ 0 | |
Independent Director | 8yrs | CA$274.50k | 0% CA$ 0 | |
Independent Director | 4yrs | CA$267.50k | 0% CA$ 0 | |
Independent Director | 1.3yrs | CA$266.00k | 0.000050% CA$ 18.7k | |
Independent Director | 5yrs | CA$281.13k | 0% CA$ 0 |
4.5yrs
Average Tenure
65yo
Average Age
Experienced Board: CXD's board of directors are considered experienced (4.5 years average tenure).