TELUS Management

Management criteria checks 2/4

TELUS' CEO is Darren Entwistle, appointed in Jan 2000, has a tenure of 24.25 years. total yearly compensation is CA$21.06M, comprised of 7.6% salary and 92.4% bonuses, including company stock and options. directly owns 0.054% of the company’s shares, worth €12.01M. The average tenure of the management team and the board of directors is 5.5 years and 8.5 years respectively.

Key information

Darren Entwistle

Chief executive officer

CA$21.1m

Total compensation

CEO salary percentage	7.6%
CEO tenure	24.3yrs
CEO ownership	0.05%
Management average tenure	5.5yrs
Board average tenure	8.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Darren Entwistle's remuneration changed compared to TELUS's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	CA$21m	CA$2m	CA$841m
Sep 30 2023	n/a	n/a	CA$801m
Jun 30 2023	n/a	n/a	CA$1b
Mar 31 2023	n/a	n/a	CA$1b
Dec 31 2022	CA$17m	CA$2m	CA$2b
Sep 30 2022	n/a	n/a	CA$2b
Jun 30 2022	n/a	n/a	CA$2b
Mar 31 2022	n/a	n/a	CA$2b
Dec 31 2021	CA$20m	CA$2m	CA$2b
Sep 30 2021	n/a	n/a	CA$1b
Jun 30 2021	n/a	n/a	CA$1b
Mar 31 2021	n/a	n/a	CA$1b
Dec 31 2020	CA$13m	CA$1m	CA$1b
Sep 30 2020	n/a	n/a	CA$1b
Jun 30 2020	n/a	n/a	CA$1b
Mar 31 2020	n/a	n/a	CA$2b
Dec 31 2019	CA$13m	CA$1m	CA$2b
Sep 30 2019	n/a	n/a	CA$2b
Jun 30 2019	n/a	n/a	CA$2b
Mar 31 2019	n/a	n/a	CA$2b
Dec 31 2018	CA$13m	CA$1m	CA$2b
Sep 30 2018	n/a	n/a	CA$2b
Jun 30 2018	n/a	n/a	CA$2b
Mar 31 2018	n/a	n/a	CA$2b
Dec 31 2017	CA$12m	CA$1m	CA$2b

Compensation vs Market: Darren's total compensation ($USD15.39M) is above average for companies of similar size in the German market ($USD5.58M).

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

CEO

Darren Entwistle (59 yo)

24.3yrs

Tenure

CA$21,064,289

Compensation

Mr. Darren Entwistle, B.A., M.B.A., LLD, has been the Chief Executive Officer and President of TELUS Corporation since August 2015. He served as an Independent Chair of the Board at TELUS International (Cd...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Darren Entwistle	President	24.3yrs	CA$21.06m	0.054% CA$ 12.0m
Douglas French	Executive VP & CFO	8.3yrs	CA$5.49m	0.0082% CA$ 1.8m
Tony Geheran	COO & EVP	no data	CA$5.46m	0.013% CA$ 2.9m
Navin Arora	Executive VP & President of Business Solutions	no data	CA$6.10m	0.013% CA$ 2.9m
Zainul Mawji	EVP & President of Telus Consumer Solutions	5.5yrs	CA$6.18m	0.010% CA$ 2.3m
Robert Mitchell	Head of Investor Relations	4.2yrs	no data	no data
Andrea Wood	Executive VP and Chief Legal & Governance Officer	no data	no data	0.0057% CA$ 1.3m
Jill Schnarr	Chief Communications & Brand Officer	no data	no data	no data
Sandy McIntosh	Executive VP of People & Culture and Chief Human Resources Officer	no data	no data	0.010% CA$ 2.2m
Francois Cote	Executive Vice President	no data	CA$2.05m	no data
Jim Senko	EVP & Chief Product Officer of Consumer Solutions	5.5yrs	no data	0% CA$ 0
Michael Dingle	Chief Operating Officer of TELUS Health	no data	no data	no data

5.5yrs

Average Tenure

59yo

Average Age

Experienced Management: BCZ's management team is seasoned and experienced (5.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Darren Entwistle	President	24.3yrs	CA$21.06m	0.054% CA$ 12.0m
Christine Magee	Independent Director	5.7yrs	CA$271.82k	no data
Brian Canfield	Chairman Emeritus	9.9yrs	CA$255.63k	no data
Lisa de Wilde	Independent Director	9.2yrs	CA$322.17k	no data
David Mowat	Independent Director	7.9yrs	CA$326.17k	0.00081% CA$ 179.7k
Raymond Chan	Independent Director	10.8yrs	CA$312.62k	0.0062% CA$ 1.4m
John Manley	Independent Chairman	12.3yrs	CA$510.93k	0.00038% CA$ 84.3k
Mary Haddad	Independent Director	9.9yrs	CA$325.21k	no data
Marc Parent	Independent Director	6.4yrs	CA$278.83k	0.00030% CA$ 66.6k
Thomas Flynn	Independent Director	3.9yrs	CA$275.68k	0.00078% CA$ 173.0k
Denise Pickett	Independent Director	5.4yrs	CA$278.36k	no data
W. Willy	Independent Director	2.9yrs	CA$280.06k	no data

8.5yrs

Average Tenure

65yo

Average Age

Experienced Board: BCZ's board of directors are considered experienced (8.5 years average tenure).

TELUS Management

Management criteria checks 2/4

Key information

Recent management updates

TELUS Corporation, Annual General Meeting, May 09, 2024

President recently bought €1.1m worth of stock

President recently bought €2.1m worth of stock

President recently bought €2.7m worth of stock

TELUS Corporation Announces Board Changes, Effective in Early May 2023

TELUS Health Apoints Sid Kosaraju as President

Recent updates

Upcoming dividend of CA$0.38 per share

Full year 2023 earnings released: EPS: CA$0.58 (vs CA$1.16 in FY 2022)

Fourth quarter dividend of CA$0.38 announced

TELUS Corporation, Annual General Meeting, May 09, 2024

TELUS Corporation Declares Quarterly Cash Dividend, Payable on April 1, 2024

TELUS Corporation Introduces New Stream+ Bundle

Telus Expands Its Lineup of French-Language Entertainment with Content from Club Illico

Upcoming dividend of CA$0.38 per share at 6.2% yield

New minor risk - Shareholder dilution

TELUS Health Launches Next-Generation Medical Alert System to Support Aging in Place Across Canada

New minor risk - Earnings quality

TELUS Corporation Reiterates Consolidated Earnings Guidance for the Full Year 2023

Third quarter 2023 earnings released: EPS: CA$0.094 (vs CA$0.37 in 3Q 2022)

TELUS Corporation, TerreStar Solutions, Inc. and Skylo Technologies, Inc. Demonstrate Canada's First Two-Way Communication Between Smartphones and Satellite

TELUS to Offer All-New iPhone 15, iPhone 15 Plus, iPhone 15 Pro, iPhone 15 and Pro Max with USB-C

Upcoming dividend of CA$0.36 per share at 6.1% yield

President recently bought €1.1m worth of stock

President recently bought €2.1m worth of stock

New minor risk - Profit margin trend

Telus Corporation Declares Quarterly Dividend, Payable on October 2, 2023

Second quarter 2023 earnings released: EPS: CA$0.14 (vs CA$0.34 in 2Q 2022)

TELUS Launches HomePro™ to Solve All The Connected Home Needs

TELUS Corporation to Report Q2, 2023 Results on Aug 04, 2023

TELUS Announces the Return of the TELUS Esports Series Powered by TELUS Arena

Upcoming dividend of CA$0.36 per share at 5.7% yield

Telus Health Launches Total Mental Health with Continuous Coordinated Access to Mental Health Support for Organizations Across the United States

TELUS Corporation Declares Quarterly Dividend on the Issued and Outstanding Common Shares, Payable on July 4, 2023

First quarter 2023 earnings released: EPS: CA$0.15 (vs CA$0.28 in 1Q 2022)

President recently bought €2.7m worth of stock

Upcoming dividend of CA$0.35 per share at 5.2% yield

TELUS Corporation Announces Board Changes, Effective in Early May 2023

Full year 2022 earnings released: EPS: CA$1.16 (vs CA$1.23 in FY 2021)

TELUS Health Apoints Sid Kosaraju as President

Telus Corporation Appoints Jim Senko as Chief Product Officer

Upcoming dividend of CA$0.35 per share

Third quarter 2022 earnings released: EPS: CA$0.37 (vs CA$0.25 in 3Q 2021)

TELUS Corporation Update Earnings Guidance for the Year 2022

TELUS Business Launches New Online Platform to Support Entrepreneurs and Connect Consumers to Local Businesses

Insider recently sold €221k worth of stock

TELUS Corporation (TSX:T) completed the acquisition of LifeWorks Inc. (TSX:LWRK) from senior officers of LifeWorks Inc. and others.

Upcoming dividend of CA$0.34 per share

Second quarter 2022 earnings released: EPS: CA$0.34 (vs CA$0.25 in 2Q 2021)

TELUS Corporation Declares Quarterly Dividend, Payable on October 3, 2022

TELUS Purefibre Ultimate Gamer Bundle Brings Users an Unmatched Cloud Gaming Experience

TELUS Corporation (TSX:T) entered into a binding agreement to acquire LifeWorks Inc. (TSX:LWRK) from e directors and senior officers of LifeWorks Inc. and others for CAD 1.1 Billion.

TELUS Corporation (TSX:T) announces an Equity Buyback for 10,000,000 shares, representing 0.72% for CAD 250 million.

Upcoming dividend of CA$0.34 per share

COO & EVP recently sold €57k worth of stock

COO & EVP recently sold €140k worth of stock

TELUS Corporation Appoints Victor Dodig as Director

First quarter 2022 earnings released: EPS: CA$0.28 (vs CA$0.26 in 1Q 2021)

TELUS Launches Canada’s First Streaming Bundle: Stream+ Bundles Netflix Premium Plan, Apple Tv+ and Discovery+ on One Single Bill

Samsung and TELUS Equip Canada’s First Responders with New Mission Critical Technology to Keep Canadians Safer

Telus Launches New Wi-Fi 6 Access Point and Wi-Fi Plus Service to Deliver the Fastest Wi-Fi Speeds and Most Reliable Home Coverage in Western Canada

Upcoming dividend of CA$0.33 per share

Executive VP & CFO recently sold €212k worth of stock

TELUS Corporation, Annual General Meeting, May 06, 2022

TELUS Corporation (TSX:T) acquired FULLYMANAGED INC. for approximately $140 million.

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

TELUS Launches PureFibre X Across the Lower Mainland and Fraser Valley

Low-Income Seniors Can Get Telus High Speed Internet Starting At $9.95 Per Month Across British Columbia and Alberta

Dye & Durham Limited (TSX:DND) acquired financial solutions business and certain assets of TELUS Corporation (TSX:T) for CAD 500 million.

Upcoming dividend of CA$0.33 per share

Independent Director recently bought €181k worth of stock

Third quarter 2021 earnings released: EPS CA$0.25 (vs CA$0.24 in 3Q 2020)

Telus Will Offer the Best-Ever Lineup of Iphone and Ipad, Including the Innovative and Elegant Iphone 13 Pro, Iphone 13 Pro Max, Iphone 13, and Iphone 13 Mini, on the Fastest Network in Canada

Upcoming dividend of CA$0.32 per share

Second quarter 2021 earnings released: EPS CA$0.25 (vs CA$0.23 in 2Q 2020)

TELUS Launches New Cloud-Delivered Cybersecurity Service for Canadian Businesses