MEG Energy Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

Derek Evans

Chief executive officer

CA$5.4m

Total compensation

CEO salary percentage12.2%
CEO tenure5.7yrs
CEO ownershipn/a
Management average tenure2.6yrs
Board average tenure7.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Derek Evans's remuneration changed compared to MEG Energy's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023CA$5mCA$652k

CA$569m

Sep 30 2023n/an/a

CA$625m

Jun 30 2023n/an/a

CA$532m

Mar 31 2023n/an/a

CA$621m

Dec 31 2022CA$5mCA$616k

CA$902m

Sep 30 2022n/an/a

CA$921m

Jun 30 2022n/an/a

CA$819m

Mar 31 2022n/an/a

CA$662m

Dec 31 2021CA$4mCA$600k

CA$283m

Sep 30 2021n/an/a

CA$121m

Jun 30 2021n/an/a

CA$58m

Mar 31 2021n/an/a

-CA$90m

Dec 31 2020CA$4mCA$525k

-CA$357m

Sep 30 2020n/an/a

-CA$348m

Jun 30 2020n/an/a

-CA$315m

Mar 31 2020n/an/a

-CA$298m

Dec 31 2019CA$4mCA$600k

-CA$62m

Sep 30 2019n/an/a

-CA$286m

Jun 30 2019n/an/a

-CA$192m

Mar 31 2019n/an/a

-CA$308m

Dec 31 2018CA$3mCA$234k

-CA$119m

Compensation vs Market: Derek's total compensation ($USD3.92M) is about average for companies of similar size in the German market ($USD3.42M).

Compensation vs Earnings: Derek's compensation has been consistent with company performance over the past year.


CEO

Derek Evans (66 yo)

5.7yrs

Tenure

CA$5,354,731

Compensation

Mr. Derek W. Evans, B.Sc, has been the President, Chief Executive Officer and Director at MEG Energy Corporation since August 10, 2018. Mr. Evans has been an Independent Director of Franco-Nevada Corporati...


Leadership Team

NamePositionTenureCompensationOwnership
Derek Evans
President5.7yrsCA$5.35mno data
Ryan Kubik
CFO & Head of IR Group1.7yrsCA$2.32m0.0049%
CA$ 290.8k
Darlene Gates
Chief Operating Officer2.6yrsCA$3.07m0.028%
CA$ 1.7m
Lyle Yuzdepski
Senior VP of Legal4.3yrsCA$1.66m0.011%
CA$ 664.4k
Thomas Gear
Vice President of Operations1.8yrsCA$1.48mno data
David Granger
Senior Vice President of Human Resourcesno datano data0.011%
CA$ 659.6k

2.6yrs

Average Tenure

55yo

Average Age

Experienced Management: ME7's management team is considered experienced (2.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Derek Evans
President5.7yrsCA$5.35mno data
Robert Hodgins
Independent Director13.6yrsCA$227.00k0.0064%
CA$ 384.9k
James McFarland
Independent Chair13.8yrsCA$241.17k0.0015%
CA$ 88.1k
Jeffrey McCaig
Independent Director10.1yrsCA$219.33k0.26%
CA$ 15.4m
Susan MacKenzie
Independent Director3.8yrsCA$225.00k0.015%
CA$ 879.6k
Kim Lynch Proctor
Independent Director1.9yrsCA$217.00k0.0077%
CA$ 461.7k
Diana McQueen
Independent Director8.5yrsCA$222.00k0.015%
CA$ 876.0k
Gary Bosgoed
Independent Director1.8yrsCA$214.00k0.00033%
CA$ 19.8k

7.1yrs

Average Tenure

65yo

Average Age

Experienced Board: ME7's board of directors are considered experienced (7.1 years average tenure).


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