Ovintiv Management
Management criteria checks 3/4
Ovintiv's CEO is Brendan McCracken, appointed in Dec 2020, has a tenure of 3.92 years. total yearly compensation is $11.78M, comprised of 9.2% salary and 90.8% bonuses, including company stock and options. directly owns 0.07% of the company’s shares, worth MX$164.54M. The average tenure of the management team and the board of directors is 4.2 years and 5.8 years respectively.
Key information
Brendan McCracken
Chief executive officer
US$11.8m
Total compensation
| CEO salary percentage | 9.2% |
| CEO tenure | 3.9yrs |
| CEO ownership | 0.07% |
| Management average tenure | 4.2yrs |
| Board average tenure | 5.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$2b |
| Jun 30 2024 | n/a | n/a | US$2b |
| Mar 31 2024 | n/a | n/a | US$2b |
| Dec 31 2023 | US$12m | US$1m | US$2b |
| Sep 30 2023 | n/a | n/a | US$3b |
| Jun 30 2023 | n/a | n/a | US$3b |
| Mar 31 2023 | n/a | n/a | US$4b |
| Dec 31 2022 | US$10m | US$1m | US$4b |
| Sep 30 2022 | n/a | n/a | US$4b |
| Jun 30 2022 | n/a | n/a | US$2b |
| Mar 31 2022 | n/a | n/a | US$866m |
| Dec 31 2021 | US$9m | US$703k | US$1b |
| Sep 30 2021 | n/a | n/a | -US$582m |
| Jun 30 2021 | n/a | n/a | -US$2b |
| Mar 31 2021 | n/a | n/a | -US$6b |
| Dec 31 2020 | US$2m | US$350k | -US$6b |
| Sep 30 2020 | n/a | n/a | -US$5b |
| Jun 30 2020 | n/a | n/a | -US$4b |
| Mar 31 2020 | n/a | n/a | US$900m |
| Dec 31 2019 | US$1m | US$298k | US$234m |
Compensation vs Market: Brendan's total compensation ($USD11.78M) is above average for companies of similar size in the MX market ($USD5.73M).
Compensation vs Earnings: Brendan's compensation has been consistent with company performance over the past year.
CEO
Brendan McCracken (48 yo)
3.9yrs
Tenure
US$11,783,939
Compensation
Mr. Brendan Michael McCracken serves as President of Ovintiv Inc. since December 2020 and serves as its Chief Executive Officer and Director since August 1, 2021 and served as Executive Vice President of C...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.9yrs | US$11.78m | 0.070% MX$ 164.5m | |
| Executive VP & CFO | 5.5yrs | US$3.93m | 0.062% MX$ 145.8m | |
| Executive VP & COO | 5.2yrs | US$5.04m | 0.072% MX$ 167.7m | |
| Executive VP of Midstream & Marketing and General Counsel | less than a year | US$2.71m | 0.012% MX$ 28.7m | |
| Senior Advisor | less than a year | US$3.18m | 0.011% MX$ 25.9m | |
| Senior Vice President of Investor Relations | no data | no data | no data | |
| Executive Vice President of Corporate Services | 4.4yrs | US$1.96m | 0.030% MX$ 69.2m |
4.2yrs
Average Tenure
50yo
Average Age
Experienced Management: OVV *'s management team is considered experienced (4.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.3yrs | US$11.78m | 0.070% MX$ 164.5m | |
| Independent Director | 3.3yrs | US$310.43k | 0.0068% MX$ 15.8m | |
| Independent Chairman | 14.5yrs | US$465.43k | 0.029% MX$ 67.2m | |
| Independent Director | 5.8yrs | US$305.43k | 0.073% MX$ 171.6m | |
| Independent Director | 11.8yrs | US$289.94k | 0.016% MX$ 36.3m | |
| Independent Director | 5.8yrs | US$300.43k | 0.014% MX$ 32.9m | |
| Independent Director | 2.2yrs | US$290.43k | 0.0044% MX$ 10.3m | |
| Independent Director | 14.8yrs | US$305.43k | 0.022% MX$ 50.5m | |
| Independent Director | 3.9yrs | US$290.43k | 0.0089% MX$ 20.8m | |
| Independent Director | 10.4yrs | US$300.43k | 0.017% MX$ 40.6m | |
| Independent Director | less than a year | no data | 0.0014% MX$ 3.3m |
5.8yrs
Average Tenure
66yo
Average Age
Experienced Board: OVV *'s board of directors are considered experienced (5.8 years average tenure).