Precision Drilling Corporation

NYSE:PDS Stock Report

Market Cap: US$1.0b

Precision Drilling Management

Management criteria checks 2/4

Precision Drilling's CEO is Kevin Neveu, appointed in Jan 2007, has a tenure of 17.25 years. total yearly compensation is CA$6.38M, comprised of 16.3% salary and 83.7% bonuses, including company stock and options. directly owns 1.9% of the company’s shares, worth $19.31M. The average tenure of the management team and the board of directors is 7.3 years and 7.8 years respectively.

Key information

Kevin Neveu

Chief executive officer

CA$6.4m

Total compensation

CEO salary percentage16.3%
CEO tenure17.3yrs
CEO ownership1.9%
Management average tenure7.3yrs
Board average tenure7.8yrs

Recent management updates

Recent updates

Precision Drilling: The Seagulls Are Missing A Bet

Mar 14

Precision Drilling: Put A Driller In Your Stocking

Dec 22

Precision Drilling Q4 2022 Earnings Preview

Feb 08

Precision Drilling Q3 2022 Earnings Preview

Oct 26

Precision Drilling receives TSX approval to renew normal course issuer bid

Aug 24

Precision Drilling Q2 2022 Earnings Preview

Jul 26

Beware Of The Risk Of Precision Drilling

Mar 28

Precision Drilling: Good Buying Opportunity

Dec 30

Take Advantage Of The Rally And Sell Precision Drilling

Oct 01

Precision Drilling: Medium-Term Margin Growth Remains The Key

Jul 18

Precision Drilling: Time To Shine

Nov 30

CEO Compensation Analysis

How has Kevin Neveu's remuneration changed compared to Precision Drilling's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2024n/an/a

CA$230m

Dec 31 2023n/an/a

CA$289m

Sep 30 2023n/an/a

CA$146m

Jun 30 2023n/an/a

CA$157m

Mar 31 2023n/an/a

CA$105m

Dec 31 2022CA$6mCA$1m

-CA$34m

Sep 30 2022n/an/a

-CA$65m

Jun 30 2022n/an/a

-CA$134m

Mar 31 2022n/an/a

-CA$185m

Dec 31 2021CA$5mCA$998k

-CA$177m

Sep 30 2021n/an/a

-CA$188m

Jun 30 2021n/an/a

-CA$178m

Mar 31 2021n/an/a

-CA$151m

Dec 31 2020CA$6mCA$957k

-CA$120m

Sep 30 2020n/an/a

-CA$84m

Jun 30 2020n/an/a

-CA$59m

Mar 31 2020n/an/a

-CA$24m

Dec 31 2019CA$7mCA$1m

CA$7m

Sep 30 2019n/an/a

-CA$191m

Jun 30 2019n/an/a

-CA$218m

Mar 31 2019n/an/a

-CA$251m

Dec 31 2018CA$7mCA$1m

-CA$294m

Sep 30 2018n/an/a

-CA$143m

Jun 30 2018n/an/a

-CA$139m

Mar 31 2018n/an/a

-CA$127m

Dec 31 2017CA$6mCA$976k

-CA$132m

Compensation vs Market: Kevin's total compensation ($USD4.64M) is above average for companies of similar size in the US market ($USD3.43M).

Compensation vs Earnings: Kevin's compensation has increased by more than 20% in the past year.

CEO

Kevin Neveu (62 yo)

17.3yrs

Tenure

CA$6,383,545

Compensation

Mr. Kevin A. Neveu B.Sc, P.Eng, has been the Chief Executive Officer and President of Precision Drilling Corporation, the Administrator of Precision Drilling Trust since January 2007. Mr. Neveu served as t...

Leadership Team

NamePositionTenureCompensationOwnership
Kevin Neveu
President17.3yrsCA$6.38m1.9%
CA$ 19.3m
Carey Ford
Chief Financial Officer8yrsCA$2.38m0.26%
CA$ 2.7m
Shuja Goraya
Chief Technology Officer5.8yrsCA$1.92m0.24%
CA$ 2.5m
Veronica Foley
Chief Legal & Compliance Officer7.9yrsCA$1.92m0.27%
CA$ 2.7m
Gene Stahl
President of North American Drilling1.3yrsCA$2.27m0.39%
CA$ 3.9m
Darren Ruhr
Chief Administrative Officer5.8yrsCA$1.41m0%
CA$ 0
Lavonne Zdunich
Director of Investor Relationsno datano datano data
Dustin Honing
Manager of Investor Relations & Corporate Developmentno datano datano data
Grant Hunter
Senior Vice President of North American Drilling Operation17.3yrsCA$1.39mno data
Ross Pickering
Senior Vice President of Global Operations Excellence4.8yrsno data0.0043%
CA$ 43.2k
Niels Espeland
Consultant7.3yrsCA$1.68mno data

7.3yrs

Average Tenure

62yo

Average Age

Experienced Management: PDS's management team is seasoned and experienced (7.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Kevin Neveu
President16.7yrsCA$6.38m1.9%
CA$ 19.3m
Steven Krablin
Independent Chairman of the Board8.9yrsCA$401.07k0.0086%
CA$ 87.6k
William Donovan
Independent Director15.3yrsCA$285.51k0.040%
CA$ 410.9k
David Williams
Independent Director5.6yrsCA$265.11k0.024%
CA$ 245.3k
Kevin Meyers
Independent Director12.6yrsCA$293.67k0.017%
CA$ 173.5k
Michael Culbert
Independent Director6.3yrsCA$265.11k0.040%
CA$ 403.1k
Susan MacKenzie
Independent Director6.6yrsCA$293.67k0.022%
CA$ 226.1k
Lori Lancaster
Independent Director1.5yrsCA$66.28k0.019%
CA$ 194.4k

7.8yrs

Average Tenure

65.5yo

Average Age

Experienced Board: PDS's board of directors are considered experienced (7.8 years average tenure).

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