Cardinal Energy's CEO is M. Ratushny, appointed in Jul 2012, has a tenure of 15.17 years. total yearly compensation is CA$2.86M, comprised of 8.9% salary and 91.1% bonuses, including company stock and options. directly owns 2.52% of the company’s shares, worth $33.91M. The average tenure of the management team and the board of directors is 8.6 years and 7 years respectively.
Key information
M. Ratushny
Chief executive officer
CA$2.9m
Total compensation
CEO salary percentage
8.90%
CEO tenure
14yrs
CEO ownership
2.5%
Management average tenure
8.6yrs
Board average tenure
7yrs
Recent management updates
Recent updates
CEO Compensation Analysis
How has M. Ratushny's remuneration changed compared to Cardinal Energy's earnings?
Date
Total Compensation
Salary
Company Earnings
Mar 31 2026
n/a
n/a
CA$10m
Dec 31 2025
CA$3m
CA$255k
CA$21m
Sep 30 2025
n/a
n/a
CA$77m
Jun 30 2025
n/a
n/a
CA$88m
Mar 31 2025
n/a
n/a
CA$113m
Dec 31 2024
CA$2m
CA$275k
CA$108m
Sep 30 2024
n/a
n/a
CA$103m
Jun 30 2024
n/a
n/a
CA$117m
Mar 31 2024
n/a
n/a
CA$104m
Dec 31 2023
CA$3m
CA$350k
CA$104m
Sep 30 2023
n/a
n/a
CA$197m
Jun 30 2023
n/a
n/a
CA$191m
Mar 31 2023
n/a
n/a
CA$262m
Dec 31 2022
CA$2m
CA$333k
CA$303m
Sep 30 2022
n/a
n/a
CA$228m
Jun 30 2022
n/a
n/a
CA$457m
Mar 31 2022
n/a
n/a
CA$368m
Dec 31 2021
CA$2m
CA$317k
CA$284m
Sep 30 2021
n/a
n/a
CA$365m
Jun 30 2021
n/a
n/a
CA$98m
Mar 31 2021
n/a
n/a
CA$62m
Dec 31 2020
CA$440k
CA$293k
-CA$363m
Sep 30 2020
n/a
n/a
-CA$498m
Jun 30 2020
n/a
n/a
-CA$493m
Mar 31 2020
n/a
n/a
-CA$469m
Dec 31 2019
CA$2m
CA$304k
-CA$34m
Compensation vs Market: M.'s total compensation ($USD2.02M) is below average for companies of similar size in the US market ($USD5.14M).
Compensation vs Earnings: M.'s compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
M. Ratushny (61 yo)
14yrs
Tenure
CA$2,863,640
Compensation
Mr. M. Scott Ratushny has been the Chief Executive Officer of Cardinal Energy Ltd, since May 11, 2015 and served as its President since November 9, 2017 until February 2019. Mr. Ratushny served as the Chie...
Leadership Team
Name
Position
Tenure
Compensation
Ownership
M. Ratushny
Executive Chairman & CEO
14yrs
CA$2.86m
2.52% $ 33.9m
Dale Orton
President
less than a year
CA$1.40m
0.39% $ 5.3m
Shawn Van Spankeren
Chief Financial Officer
8.5yrs
CA$1.57m
0.42% $ 5.6m
Robert Ernest Wollmann
Senior Vice President of Exploration
8.7yrs
CA$1.40m
0.45% $ 6.0m
Heath Williamson
Vice President of Thermal Operations
no data
CA$776.96k
0.042% $ 561.0k
Shannon Gangl
Corporate Secretary
no data
no data
no data
8.6yrs
Average Tenure
57yo
Average Age
Experienced Management: CRLF.F's management team is seasoned and experienced (8.6 years average tenure).
Board Members
Name
Position
Tenure
Compensation
Ownership
M. Ratushny
Executive Chairman & CEO
15.2yrs
CA$2.86m
2.52% $ 33.9m
John Brussa
Independent Director
14yrs
CA$207.81k
2.65% $ 35.6m
John Festival
Independent Director
2.7yrs
CA$206.46k
0.33% $ 4.4m
Stephanie Sterling
Lead Independent Director
8.9yrs
CA$207.81k
0.21% $ 2.8m
John Gordon
Independent Director
5.2yrs
CA$207.81k
0.060% $ 805.3k
Connie Shevkenek
Director
1.2yrs
CA$190.86k
0.24% $ 3.2m
7.0yrs
Average Tenure
63yo
Average Age
Experienced Board: CRLF.F's board of directors are considered experienced (7 years average tenure).
Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2026/07/06 13:24
End of Day Share Price
2026/07/02 00:00
Earnings
2026/03/31
Annual Earnings
2025/12/31
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Cardinal Energy Ltd. is covered by 21 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.