Athabasca Oil Management
Management criteria checks 4/4
Athabasca Oil's CEO is Rob Broen, appointed in Jan 2015, has a tenure of 9.83 years. total yearly compensation is CA$3.37M, comprised of 16.6% salary and 83.4% bonuses, including company stock and options. directly owns 0.81% of the company’s shares, worth $16.82M. The average tenure of the management team and the board of directors is 5 years and 3.5 years respectively.
Key information
Rob Broen
Chief executive officer
CA$3.4m
Total compensation
| CEO salary percentage | 16.6% |
| CEO tenure | 9.8yrs |
| CEO ownership | 0.8% |
| Management average tenure | 5yrs |
| Board average tenure | 3.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | CA$231m |
| Jun 30 2024 | n/a | n/a | CA$83m |
| Mar 31 2024 | n/a | n/a | CA$44m |
| Dec 31 2023 | CA$3m | CA$558k | -CA$51m |
| Sep 30 2023 | n/a | n/a | CA$411m |
| Jun 30 2023 | n/a | n/a | CA$645m |
| Mar 31 2023 | n/a | n/a | CA$635m |
| Dec 31 2022 | CA$5m | CA$540k | CA$572m |
| Sep 30 2022 | n/a | n/a | CA$467m |
| Jun 30 2022 | n/a | n/a | CA$417m |
| Mar 31 2022 | n/a | n/a | CA$355m |
| Dec 31 2021 | CA$3m | CA$512k | CA$458m |
| Sep 30 2021 | n/a | n/a | CA$17m |
| Jun 30 2021 | n/a | n/a | -CA$107m |
| Mar 31 2021 | n/a | n/a | -CA$159m |
| Dec 31 2020 | CA$4m | CA$487k | -CA$658m |
| Sep 30 2020 | n/a | n/a | -CA$609m |
| Jun 30 2020 | n/a | n/a | -CA$599m |
| Mar 31 2020 | n/a | n/a | -CA$476m |
| Dec 31 2019 | CA$3m | CA$473k | CA$247m |
| Sep 30 2019 | n/a | n/a | -CA$233m |
| Jun 30 2019 | n/a | n/a | -CA$193m |
| Mar 31 2019 | n/a | n/a | -CA$270m |
| Dec 31 2018 | CA$3m | CA$515k | -CA$570m |
| Sep 30 2018 | n/a | n/a | -CA$291m |
| Jun 30 2018 | n/a | n/a | -CA$317m |
| Mar 31 2018 | n/a | n/a | -CA$274m |
| Dec 31 2017 | CA$4m | CA$500k | -CA$209m |
Compensation vs Market: Rob's total compensation ($USD2.41M) is below average for companies of similar size in the US market ($USD5.37M).
Compensation vs Earnings: Rob's compensation has been consistent with company performance over the past year.
CEO
Rob Broen
9.8yrs
Tenure
CA$3,367,097
Compensation
Mr. Robert Anthony Broen, also known as Rob, B.Sc.Eng., P.Eng., has been the Chief Executive Officer of Athabasca Oil Corporation (formerly known as Athabasca Oil Sands Corp.) since April 21, 2015 and its...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 9.8yrs | CA$3.37m | 0.81% $ 16.8m | |
| Chief Financial Officer | 5yrs | CA$1.41m | 0.26% $ 5.3m | |
| VP of Business Development & General Counsel | 2.3yrs | CA$1.24m | 0.042% $ 861.7k | |
| Vice President of Thermal Oil | no data | CA$1.46m | 0.21% $ 4.4m |
5.0yrs
Average Tenure
Experienced Management: ATHO.F's management team is seasoned and experienced (5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 9.6yrs | CA$3.37m | 0.81% $ 16.8m | |
| Independent Director | 4.5yrs | CA$182.50k | 0.19% $ 4.0m | |
| Independent Director | 2.5yrs | CA$182.50k | 0.023% $ 469.3k | |
| Independent Chairman of the Board | 12.6yrs | CA$225.00k | 0.084% $ 1.7m | |
| Independent Director | 2.5yrs | CA$175.00k | 0.030% $ 628.1k | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 8.7yrs | CA$190.00k | 0.095% $ 2.0m | |
| Independent Director | 1.5yrs | CA$157.01k | 0.0056% $ 116.7k |
3.5yrs
Average Tenure
63yo
Average Age
Experienced Board: ATHO.F's board of directors are considered experienced (3.5 years average tenure).