Veren Management
Management criteria checks 4/4
Veren's CEO is Craig Bryksa, appointed in May 2018, has a tenure of 6.5 years. total yearly compensation is CA$4.86M, comprised of 12.3% salary and 87.7% bonuses, including company stock and options. directly owns 0.2% of the company’s shares, worth $6.78M. The average tenure of the management team and the board of directors is 6.5 years and 5.7 years respectively.
Key information
Craig Bryksa
Chief executive officer
CA$4.9m
Total compensation
| CEO salary percentage | 12.3% |
| CEO tenure | 6.5yrs |
| CEO ownership | 0.2% |
| Management average tenure | 6.5yrs |
| Board average tenure | 5.7yrs |
Recent management updates
Recent updates
Veren: Updating The Long-Term Projection - Patience Will Be Well Rewarded
Nov 25Veren: Forward Progress Now That Management Has What It Wants
Nov 02Veren: Onward To The Future
Sep 20Veren Is The Low-Cost And High-Growth Producer Your Portfolio Needs
Jul 22Crescent Point Energy Is Shifting From Transition To Growth
Mar 05Crescent Point Seems Undervalued
Feb 24Crescent Point Gets Hit On The Head With A Hammer
Jan 23Crescent Point Energy: Transition Is Finally Over
Jan 05Crescent Point Is About To Become The Second Largest Montney Producer
Nov 14Crescent Point: Running After That Untamed Ornithoid
Nov 07Crescent Point Energy: Refocus Almost Complete
Oct 13Crescent Point Energy: A Low-Cost Liquids-Rich Oil Producer With Growth Potential
Sep 05Crescent Point Energy: Growth In A No-Growth Environment
Jul 21CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | CA$442m |
| Jun 30 2024 | n/a | n/a | CA$298m |
| Mar 31 2024 | n/a | n/a | CA$216m |
| Dec 31 2023 | CA$5m | CA$600k | CA$799m |
| Sep 30 2023 | n/a | n/a | -CA$81m |
| Jun 30 2023 | n/a | n/a | CA$201m |
| Mar 31 2023 | n/a | n/a | CA$148m |
| Dec 31 2022 | CA$5m | CA$575k | CA$1b |
| Sep 30 2022 | n/a | n/a | CA$2b |
| Jun 30 2022 | n/a | n/a | CA$2b |
| Mar 31 2022 | n/a | n/a | CA$4b |
| Dec 31 2021 | CA$4m | CA$500k | 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$174m |
| Dec 31 2020 | CA$4m | CA$450k | -CA$3b |
| Sep 30 2020 | n/a | n/a | -CA$3b |
| Jun 30 2020 | n/a | n/a | -CA$4b |
| Mar 31 2020 | n/a | n/a | -CA$3b |
| Dec 31 2019 | CA$4m | CA$477k | -CA$1b |
| Sep 30 2019 | n/a | n/a | -CA$2b |
| Jun 30 2019 | n/a | n/a | -CA$2b |
| Mar 31 2019 | n/a | n/a | -CA$3b |
| Dec 31 2018 | CA$3m | CA$353k | -CA$3b |
| Sep 30 2018 | n/a | n/a | -CA$283m |
| Jun 30 2018 | n/a | n/a | -CA$584m |
| Mar 31 2018 | n/a | n/a | -CA$334m |
| Dec 31 2017 | CA$1m | CA$223k | -CA$124m |
Compensation vs Market: Craig's total compensation ($USD3.48M) is below average for companies of similar size in the US market ($USD6.56M).
Compensation vs Earnings: Craig's compensation has been consistent with company performance over the past year.
CEO
Craig Bryksa (47 yo)
6.5yrs
Tenure
CA$4,864,229
Compensation
Mr. Craig Bryksa served as Chair of the Board of Governors of Canadian Association of Petroleum Producers and serves as its Director. He has been President and Chief Executive Officer at Crescent Point Ene...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 6.5yrs | CA$4.86m | 0.20% $ 6.8m | |
| Chief Financial Officer | 8.8yrs | CA$2.75m | 0.11% $ 3.8m | |
| Chief Operating Officer | 6.4yrs | CA$2.64m | 0.11% $ 3.8m | |
| Senior VP | 20.8yrs | CA$1.75m | 0.042% $ 1.4m | |
| Senior Vice President of Strategy & Planning | less than a year | CA$1.69m | no data | |
| Manager of Investor Relations | no data | no data | no data | |
| Senior Vice President of Business Development | 2.8yrs | no data | 0.038% $ 1.3m | |
| Senior Vice President of Finance & Treasurer | no data | no data | no data |
6.5yrs
Average Tenure
Experienced Management: VRN's management team is seasoned and experienced (6.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 6.5yrs | CA$4.86m | 0.20% $ 6.8m | |
| Independent Director | 8yrs | CA$221.00k | 0.014% $ 477.9k | |
| Independent Director | 6.5yrs | CA$223.00k | 0.00025% $ 8.3k | |
| Independent Director | 5.7yrs | CA$215.00k | 0.028% $ 948.7k | |
| Independent Director | 4.3yrs | CA$222.00k | 0.013% $ 428.2k | |
| Independent Chair of the Board | 8.7yrs | CA$330.00k | 0.015% $ 510.6k | |
| Independent Director | 5.4yrs | CA$248.00k | no data | |
| Independent Director | 5.4yrs | CA$217.00k | 0.0016% $ 54.1k | |
| Independent Director | 2.5yrs | CA$211.00k | no data |
5.7yrs
Average Tenure
62yo
Average Age
Experienced Board: VRN's board of directors are considered experienced (5.7 years average tenure).