Ovintiv Management
Management criteria checks 4/4
Ovintiv's CEO is Brendan McCracken, appointed in Dec 2020, has a tenure of 3.42 years. total yearly compensation is $11.78M, comprised of 9.2% salary and 90.8% bonuses, including company stock and options. directly owns 0.069% of the company’s shares, worth $9.15M. The average tenure of the management team and the board of directors is 3.7 years and 5.3 years respectively.
Key information
Brendan McCracken
Chief executive officer
US$11.8m
Total compensation
| CEO salary percentage | 9.2% |
| CEO tenure | 3.4yrs |
| CEO ownership | 0.07% |
| Management average tenure | 3.7yrs |
| Board average tenure | 5.3yrs |
Recent management updates
Recent updates
Ovintiv Inc.'s (NYSE:OVV) CEO Looks Like They Deserve Their Pay Packet
Apr 26
We Think Ovintiv (NYSE:OVV) Is Taking Some Risk With Its Debt
Apr 19Ovintiv Inc.'s (NYSE:OVV) Price Is Right But Growth Is Lacking
Apr 05Ovintiv: Projecting 2024 FCF At Around $1.8 Billion To $1.9 Billion
Mar 22Ovintiv (NYSE:OVV) Is Doing The Right Things To Multiply Its Share Price
Mar 21Ovintiv: Still Light On Oil Reserves
Mar 03Ovintiv Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Mar 01Estimating The Intrinsic Value Of Ovintiv Inc. (NYSE:OVV)
Feb 25Ovintiv: A Wait-And-See Opportunity With Long-Term Upside
Jan 11Ovintiv: Operational Improvement But Debt Reduction A Headwind (Rating Downgrade)
Nov 09Ovintiv May Generate Around $3 Billion In Free Cash Flow By The End Of 2024
Sep 27Ovintiv Maintains Enhanced Prospects With Strong Assets And Core Midland Acquisition
Jul 24Ovintiv Q4 2022 Earnings Preview
Feb 26Credit Suisse expands 'Top of the Crop' list to five stocks
Jan 16Ovintiv: Hedges Will Roll In 2023, Priced At Approximately 4x FCF
Nov 16Ovintiv declares $0.25 dividend
Nov 08Having Paid Off Debt, Ovintiv Is Poised For Massive Share Repurchases
Oct 12Ovintiv renews its stock buyback program
Sep 28Ovintiv goes ex-dividend tomorrow
Sep 13Ovintiv Is A Cash Cow Now
Aug 26CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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 about average for companies of similar size in the US market ($USD13.58M).
Compensation vs Earnings: Brendan's compensation has been consistent with company performance over the past year.
CEO
Brendan McCracken (47 yo)
3.4yrs
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 | 3.4yrs | US$11.78m | 0.069% $ 9.2m | |
| Executive VP & CFO | 5yrs | US$3.93m | 0.061% $ 8.1m | |
| Executive VP & COO | 4.7yrs | US$5.04m | 0.070% $ 9.3m | |
| Executive VP of Midstream & Marketing and General Counsel | less than a year | US$2.71m | 0.012% $ 1.6m | |
| Senior Advisor | less than a year | US$3.18m | 0.011% $ 1.4m | |
| Senior Vice President of Investor Relations | no data | no data | no data | |
| Executive Vice President of Corporate Services | 3.9yrs | US$1.96m | 0.029% $ 3.8m |
3.7yrs
Average Tenure
49yo
Average Age
Experienced Management: OVV's management team is considered experienced (3.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.8yrs | US$11.78m | 0.069% $ 9.2m | |
| Independent Director | 2.8yrs | US$310.43k | 0.0040% $ 526.6k | |
| Independent Chairman | 14yrs | US$465.43k | 0.028% $ 3.7m | |
| Independent Director | 5.3yrs | US$305.43k | 0.070% $ 9.3m | |
| Independent Director | 11.3yrs | US$289.94k | 0.014% $ 1.9m | |
| Independent Director | 5.3yrs | US$300.43k | 0.015% $ 2.1m | |
| Independent Director | 1.7yrs | US$290.43k | 0.0027% $ 362.6k | |
| Independent Director | 14.3yrs | US$305.43k | 0.019% $ 2.6m | |
| Independent Director | 3.4yrs | US$290.43k | 0.0071% $ 945.2k | |
| Independent Director | 9.9yrs | US$300.43k | 0.017% $ 2.2m | |
| Independent Director | less than a year | no data | 0.00060% $ 80.0k |
5.3yrs
Average Tenure
65yo
Average Age
Experienced Board: OVV's board of directors are considered experienced (5.3 years average tenure).