Peyto Exploration & Development Management
Management criteria checks 4/4
Peyto Exploration & Development's CEO is JP Lachance, appointed in Dec 2022, has a tenure of 1.33 years. total yearly compensation is CA$1.82M, comprised of 17.3% salary and 82.7% bonuses, including company stock and options. directly owns 0.24% of the company’s shares, worth CA$7.30M. The average tenure of the management team and the board of directors is 5.3 years and 4.9 years respectively.
Key information
JP Lachance
Chief executive officer
CA$1.8m
Total compensation
| CEO salary percentage | 17.3% |
| CEO tenure | 1.3yrs |
| CEO ownership | 0.2% |
| Management average tenure | 5.3yrs |
| Board average tenure | 4.9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | CA$2m | CA$315k | CA$293m |
| Sep 30 2023 | n/a | n/a | CA$318m |
| Jun 30 2023 | n/a | n/a | CA$346m |
| Mar 31 2023 | n/a | n/a | CA$383m |
| Dec 31 2022 | CA$2m | CA$300k | CA$391m |
| Sep 30 2022 | n/a | n/a | CA$349m |
| Jun 30 2022 | n/a | n/a | CA$293m |
| Mar 31 2022 | n/a | n/a | CA$212m |
| Dec 31 2021 | CA$1m | CA$272k | CA$152m |
| Sep 30 2021 | n/a | n/a | CA$146m |
| Jun 30 2021 | n/a | n/a | CA$106m |
| Mar 31 2021 | n/a | n/a | CA$71m |
| Dec 31 2020 | CA$739k | CA$254k | -CA$36m |
| Sep 30 2020 | n/a | n/a | -CA$98m |
| Jun 30 2020 | n/a | n/a | -CA$80m |
| Mar 31 2020 | n/a | n/a | CA$41m |
| Dec 31 2019 | CA$1m | CA$250k | CA$133m |
| Sep 30 2019 | n/a | n/a | CA$151m |
| Jun 30 2019 | n/a | n/a | CA$175m |
| Mar 31 2019 | n/a | n/a | CA$106m |
| Dec 31 2018 | CA$2m | CA$248k | CA$129m |
| Sep 30 2018 | n/a | n/a | CA$159m |
| Jun 30 2018 | n/a | n/a | CA$175m |
| Mar 31 2018 | n/a | n/a | CA$184m |
| Dec 31 2017 | CA$2m | CA$230k | CA$177m |
Compensation vs Market: JP's total compensation ($USD1.33M) is below average for companies of similar size in the UK market ($USD2.33M).
Compensation vs Earnings: JP's compensation has been consistent with company performance over the past year.
CEO
JP Lachance (56 yo)
1.3yrs
Tenure
CA$1,819,685
Compensation
Mr. Jean-Paul H. Lachance, also known as JP, has been Chief Executive Officer of Peyto Exploration & Development Corp. since December 31, 2022. He is President and Director of Peyto Exploration & Developme...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 1.3yrs | CA$1.82m | 0.24% CA$ 7.3m | |
| Vice President of Drilling & Completions | 9.3yrs | CA$1.46m | 0.19% CA$ 5.9m | |
| Vice President of Production | 9.3yrs | CA$1.30m | 0.083% CA$ 2.5m | |
| Vice President of Land & Business Development | no data | CA$1.18m | 0.037% CA$ 1.1m | |
| Chief Financial Officer | no data | no data | 0.012% CA$ 359.9k | |
| COO & VP of Engineering | less than a year | no data | 0.048% CA$ 1.5m | |
| Corporate Secretary | 24.3yrs | CA$33.60k | 0.32% CA$ 9.6m |
5.3yrs
Average Tenure
Experienced Management: 0VCO's management team is seasoned and experienced (5.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 1.3yrs | CA$1.82m | 0.24% CA$ 7.3m | |
| Independent Chairman of the Board | 25.5yrs | CA$219.38k | 0.66% CA$ 20.1m | |
| Director | 17.3yrs | CA$135.00k | 1.21% CA$ 36.6m | |
| Lead Independent Director | 20.8yrs | CA$171.88k | 0.059% CA$ 1.8m | |
| Independent Director | 4.9yrs | CA$161.88k | 0.074% CA$ 2.3m | |
| Independent Director | 17.7yrs | CA$161.88k | 0.11% CA$ 3.4m | |
| Independent Director | less than a year | CA$14.07k | no data | |
| Independent Director | 1.4yrs | CA$161.88k | 0.0049% CA$ 147.8k | |
| Independent Director | less than a year | CA$109.38k | 0.0065% CA$ 196.3k |
4.9yrs
Average Tenure
56yo
Average Age
Experienced Board: 0VCO's board of directors are considered experienced (4.9 years average tenure).