TC Energy Management
Management criteria checks 4/4
TC Energy's CEO is Francois Poirier, appointed in Jan 2021, has a tenure of 3.83 years. total yearly compensation is CA$13.29M, comprised of 8.9% salary and 91.1% bonuses, including company stock and options. directly owns 0.011% of the company’s shares, worth $5.62M. The average tenure of the management team and the board of directors is 3.9 years and 4.5 years respectively.
Key information
Francois Poirier
Chief executive officer
CA$13.3m
Total compensation
| CEO salary percentage | 8.9% |
| CEO tenure | 3.8yrs |
| CEO ownership | 0.01% |
| Management average tenure | 3.9yrs |
| Board average tenure | 4.5yrs |
Recent management updates
Recent updates
TC Energy: Liquids Spin-Off Creates A Premier Gas Midstream
Nov 12TC Energy: 6% Yield Amidst A North American Energy Boom
Sep 25TC Energy: Buy This 6.3% Yielding Dividend Aristocrat Before Everyone Else Does
Aug 29TC Energy: Growth Focused MLP With Signs Of Becoming A Stable Cash Cow
Aug 22TC Energy: Get Paid 6.4% To Own Low-Risk Mission-Critical Pipelines
Aug 15TC Energy: The Issue With Leverage Makes This A Suboptimal Choice
Jul 02Why 7.5%-Yielding TC Energy Is A Compelling Investment For Value Investors?
May 087%-Yielding TC Energy May Be One Of The Best Income Plays On The Market
Mar 20TC Energy: Series 7 Preferred Shares Ready For Takeoff
Mar 07TC Energy: Massive Q4 Beat And 3% Dividend Increase
Feb 16TC Energy: A Solid 7% Yield With 23 Years Of Consecutive Raises
Feb 01TC Energy: May Be A Value Trap
Jan 11TC Energy: Preferreds Offer Big Yields With Large Premium Over Debt
Dec 08With A 7.5% Yield, And An Upcoming Spinoff, TC Energy Is Attractive
Nov 08TC Energy Preferred Stocks: Better Than Any U.S. Preferred Stocks
Oct 23TC Energy: Not Every Falling Knife Is Worth Catching
Oct 05Why TC Energy Is A Better Buy Than Enbridge
Sep 26TC Energy: Growth Business Strategy And Attractive 7.5% Dividend Yield Make Stock Appealing
Sep 05TC Energy: A High Yield And Growing Dividend Pipeline Play
Aug 16It's The Best Time In 23 Years To Buy 8% Yielding TC Energy
Aug 03TC Energy Shares Have Fallen Too Far (Rating Upgrade)
Jul 27TC Energy: High Yield And Exposure To The Energy Transition
Jun 26TC Energy Has Substantial Catalysts
May 24TC Energy lifts dividend by 3.3% to CAD 0.93/share
Feb 14Better High-Yield Midstream Buy: Enbridge Or TC Energy?
Jan 19TC Energy: Upcoming Earnings Call Should Be Key Catalyst
Jan 12TC Energy: Buy The Drop On This High Yield
Dec 15CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | CA$5b |
| Jun 30 2024 | n/a | n/a | CA$3b |
| Mar 31 2024 | n/a | n/a | CA$3b |
| Dec 31 2023 | CA$13m | CA$1m | CA$3b |
| Sep 30 2023 | n/a | n/a | -CA$81m |
| Jun 30 2023 | n/a | n/a | CA$957m |
| Mar 31 2023 | n/a | n/a | CA$2b |
| Dec 31 2022 | CA$11m | CA$1m | CA$641m |
| Sep 30 2022 | n/a | n/a | CA$3b |
| Jun 30 2022 | n/a | n/a | CA$3b |
| Mar 31 2022 | n/a | n/a | CA$3b |
| Dec 31 2021 | CA$10m | CA$1m | CA$2b |
| Sep 30 2021 | n/a | n/a | CA$2b |
| Jun 30 2021 | n/a | n/a | CA$2b |
| Mar 31 2021 | n/a | n/a | CA$2b |
| Dec 31 2020 | CA$6m | CA$800k | CA$4b |
| Sep 30 2020 | n/a | n/a | CA$4b |
| Jun 30 2020 | n/a | n/a | CA$4b |
| Mar 31 2020 | n/a | n/a | CA$4b |
| Dec 31 2019 | CA$3m | CA$546k | CA$4b |
| Sep 30 2019 | n/a | n/a | CA$4b |
| Jun 30 2019 | n/a | n/a | CA$4b |
| Mar 31 2019 | n/a | n/a | CA$4b |
| Dec 31 2018 | CA$3m | CA$515k | CA$4b |
| Sep 30 2018 | n/a | n/a | CA$3b |
| Jun 30 2018 | n/a | n/a | CA$3b |
| Mar 31 2018 | n/a | n/a | CA$3b |
| Dec 31 2017 | CA$2m | CA$413k | CA$3b |
Compensation vs Market: Francois's total compensation ($USD9.51M) is about average for companies of similar size in the US market ($USD12.67M).
Compensation vs Earnings: Francois's compensation has been consistent with company performance over the past year.
CEO
Francois Poirier (58 yo)
3.8yrs
Tenure
CA$13,290,831
Compensation
Mr. Francois Lionel Poirier is Director of Canadian Imperial Bank of Commerce from September 1, 2024. Mr. Poirier has been President, Chief Executive Officer and Director of TC Energy Corporation since Jan...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 3.8yrs | CA$13.29m | 0.011% $ 5.6m | |
| Executive VP of Strategy | 1.5yrs | CA$6.35m | 0% $ 0 | |
| Executive VP & COO of Natural Gas Pipelines | no data | CA$7.29m | 0.0052% $ 2.7m | |
| Executive VP & CFO | less than a year | no data | 0.0013% $ 667.1k | |
| Vice-President of Investor Relations | no data | no data | 0.00051% $ 263.8k | |
| Executive VP | 5.5yrs | no data | 0.0033% $ 1.7m | |
| Executive Vice-President of Corporate Services | 3.9yrs | no data | 0.0013% $ 677.5k | |
| Senior Vice President of External Relations | 3yrs | no data | 0.0014% $ 734.4k | |
| President of Canadian Natural Gas Pipelines | no data | no data | 0.0015% $ 801.6k | |
| Executive VP & President of U.S. Natural Gas Pipelines | no data | no data | 0.00090% $ 465.4k | |
| VP of Law & Corporate Secretary | 12.7yrs | no data | 0.00056% $ 289.6k | |
| VP & Treasurer | 4.8yrs | no data | 0.00056% $ 289.6k |
3.9yrs
Average Tenure
58yo
Average Age
Experienced Management: TRP's management team is considered experienced (3.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 3.8yrs | CA$13.29m | 0.011% $ 5.6m | |
| Independent Director | 3.4yrs | CA$366.88k | no data | |
| Independent Chair of the Board | 9.2yrs | CA$403.64k | 0.0029% $ 1.5m | |
| Independent Director | 5.5yrs | CA$404.30k | 0.00061% $ 315.5k | |
| Chair of the Liquids Pipelines Company | 1.1yrs | CA$6.10m | no data | |
| Independent Director | no data | CA$662.95k | 0.0050% $ 2.6m | |
| Independent Director | 4.5yrs | CA$349.86k | 0.0010% $ 522.3k | |
| Independent Director | 7yrs | CA$378.65k | 0.000030% $ 15.5k | |
| Independent Director | 8.6yrs | CA$351.89k | no data | |
| Independent Director | less than a year | CA$349.86k | no data | |
| Independent Director | 11.8yrs | CA$378.65k | 0.00043% $ 222.4k | |
| Independent Director | 4.5yrs | CA$364.85k | 0.0014% $ 703.3k |
4.5yrs
Average Tenure
66yo
Average Age
Experienced Board: TRP's board of directors are considered experienced (4.5 years average tenure).