Ovintiv Management

Management criteria checks 4/4

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 $7.32M. 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 percentage9.2%
CEO tenure3.9yrs
CEO ownership0.07%
Management average tenure4.2yrs
Board average tenure5.8yrs

Recent management updates

Ovintiv Inc.'s (NYSE:OVV) CEO Looks Like They Deserve Their Pay Packet

Apr 26
Ovintiv Inc.'s (NYSE:OVV) CEO Looks Like They Deserve Their Pay Packet

Recent updates

Insufficient Growth At Ovintiv Inc. (NYSE:OVV) Hampers Share Price

Oct 28
Insufficient Growth At Ovintiv Inc. (NYSE:OVV) Hampers Share Price

Investors Will Want Ovintiv's (NYSE:OVV) Growth In ROCE To Persist

Sep 30
Investors Will Want Ovintiv's (NYSE:OVV) Growth In ROCE To Persist

Ovintiv (NYSE:OVV) Will Pay A Dividend Of $0.30

Aug 20
Ovintiv (NYSE:OVV) Will Pay A Dividend Of $0.30

Ovintiv: 2024 Production Guidance Increase, Multi-Frac Technology, And Cheap

Aug 06

Ovintiv (NYSE:OVV) Is Due To Pay A Dividend Of $0.30

Aug 05
Ovintiv (NYSE:OVV) Is Due To Pay A Dividend Of $0.30

Ovintiv (NYSE:OVV) Takes On Some Risk With Its Use Of Debt

Jul 31
Ovintiv (NYSE:OVV) Takes On Some Risk With Its Use Of Debt

Why Investors Shouldn't Be Surprised By Ovintiv Inc.'s (NYSE:OVV) Low P/E

Jul 17
Why Investors Shouldn't Be Surprised By Ovintiv Inc.'s (NYSE:OVV) Low P/E

Ovintiv: Increased Full-Year Production Guidance After Its Q1 2024 Results

Jun 13

Ovintiv Inc. (NYSE:OVV) Shares Could Be 24% Below Their Intrinsic Value Estimate

Jun 06
Ovintiv Inc. (NYSE:OVV) Shares Could Be 24% Below Their Intrinsic Value Estimate

Ovintiv's (NYSE:OVV) Dividend Will Be $0.30

May 24
Ovintiv's (NYSE:OVV) Dividend Will Be $0.30

Ovintiv: Better Choices Available In Oil And Gas Sector (Rating Downgrade)

May 23

Ovintiv Inc.'s (NYSE:OVV) CEO Looks Like They Deserve Their Pay Packet

Apr 26
Ovintiv Inc.'s (NYSE:OVV) CEO Looks Like They Deserve Their Pay Packet

We Think Ovintiv (NYSE:OVV) Is Taking Some Risk With Its Debt

Apr 19
We Think Ovintiv (NYSE:OVV) Is Taking Some Risk With Its Debt

Ovintiv Inc.'s (NYSE:OVV) Price Is Right But Growth Is Lacking

Apr 05
Ovintiv Inc.'s (NYSE:OVV) Price Is Right But Growth Is Lacking

Ovintiv: Projecting 2024 FCF At Around $1.8 Billion To $1.9 Billion

Mar 22

Ovintiv (NYSE:OVV) Is Doing The Right Things To Multiply Its Share Price

Mar 21
Ovintiv (NYSE:OVV) Is Doing The Right Things To Multiply Its Share Price

Ovintiv: Still Light On Oil Reserves

Mar 03

Ovintiv Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Mar 01
Ovintiv Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Estimating The Intrinsic Value Of Ovintiv Inc. (NYSE:OVV)

Feb 25
Estimating The Intrinsic Value Of Ovintiv Inc. (NYSE:OVV)

Ovintiv: A Wait-And-See Opportunity With Long-Term Upside

Jan 11

Ovintiv: Operational Improvement But Debt Reduction A Headwind (Rating Downgrade)

Nov 09

Ovintiv May Generate Around $3 Billion In Free Cash Flow By The End Of 2024

Sep 27

Ovintiv Maintains Enhanced Prospects With Strong Assets And Core Midland Acquisition

Jul 24

CEO Compensation Analysis

How has Brendan McCracken's remuneration changed compared to Ovintiv's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

US$2b

Mar 31 2024n/an/a

US$2b

Dec 31 2023US$12mUS$1m

US$2b

Sep 30 2023n/an/a

US$3b

Jun 30 2023n/an/a

US$3b

Mar 31 2023n/an/a

US$4b

Dec 31 2022US$10mUS$1m

US$4b

Sep 30 2022n/an/a

US$4b

Jun 30 2022n/an/a

US$2b

Mar 31 2022n/an/a

US$866m

Dec 31 2021US$9mUS$703k

US$1b

Sep 30 2021n/an/a

-US$582m

Jun 30 2021n/an/a

-US$2b

Mar 31 2021n/an/a

-US$6b

Dec 31 2020US$2mUS$350k

-US$6b

Sep 30 2020n/an/a

-US$5b

Jun 30 2020n/an/a

-US$4b

Mar 31 2020n/an/a

US$900m

Dec 31 2019US$1mUS$298k

US$234m

Compensation vs Market: Brendan's total compensation ($USD11.78M) is about average for companies of similar size in the US market ($USD12.88M).

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

NamePositionTenureCompensationOwnership
Brendan McCracken
President3.9yrsUS$11.78m0.070%
$ 7.3m
Corey Code
Executive VP & CFO5.5yrsUS$3.93m0.062%
$ 6.5m
Gregory Givens
Executive VP & COO5.2yrsUS$5.04m0.072%
$ 7.5m
Meghan Eilers
Executive VP of Midstream & Marketing and General Counselless than a yearUS$2.71m0.012%
$ 1.3m
Renee Zemljak
Senior Advisorless than a yearUS$3.18m0.011%
$ 1.2m
Stephen Campbell
Senior Vice President of Investor Relationsno datano datano data
Rachel Moore
Executive Vice President of Corporate Services4.4yrsUS$1.96m0.030%
$ 3.1m

4.2yrs

Average Tenure

50yo

Average Age

Experienced Management: OVV's management team is considered experienced (4.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Brendan McCracken
President3.3yrsUS$11.78m0.070%
$ 7.3m
George Pita
Independent Director3.3yrsUS$310.43k0.0068%
$ 703.0k
Peter Dea
Independent Chairman14.5yrsUS$465.43k0.029%
$ 3.0m
Thomas Ricks
Independent Director5.8yrsUS$305.43k0.073%
$ 7.6m
Brian Shaw
Independent Director11.8yrsUS$289.94k0.016%
$ 1.6m
Steven Nance
Independent Director5.8yrsUS$300.43k0.014%
$ 1.5m
Ralph Izzo
Independent Director2.2yrsUS$290.43k0.0044%
$ 459.7k
Suzanne Nimocks
Independent Director14.8yrsUS$305.43k0.022%
$ 2.2m
Meg Gentle
Independent Director3.9yrsUS$290.43k0.0089%
$ 925.6k
Howard Mayson
Independent Director10.4yrsUS$300.43k0.017%
$ 1.8m
Sippy Chhina
Independent Directorless than a yearno data0.0014%
$ 145.6k

5.8yrs

Average Tenure

66yo

Average Age

Experienced Board: OVV's board of directors are considered experienced (5.8 years average tenure).