TC Energy Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Francois Poirier

Chief executive officer

CA$10.6m

Total compensation

CEO salary percentage	10.2%
CEO tenure	3yrs
CEO ownership	0.01%
Management average tenure	2.4yrs
Board average tenure	3.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Francois Poirier's remuneration changed compared to TC Energy's earnings?
Date	Total Compensation	Salary	Company Earnings
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 ($USD7.88M) is below average for companies of similar size in the US market ($USD12.04M).

Compensation vs Earnings: Francois's compensation has increased whilst the company is unprofitable.

CEO

Francois Poirier (57 yo)

3yrs

Tenure

CA$10,604,876

Compensation

Mr. Francois Lionel Poirier has been President, Chief Executive Officer and Director of TC Energy Corporation since January 1, 2021. Mr. Poirier had been President of Power & Storage and Mexico at TC Energ...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Francois Poirier	CEO, President & Director	3yrs	CA$10.60m	0.011% CA$ 4.4m
Joel Hunter	Executive VP & CFO	2.4yrs	CA$3.43m	0.0033% CA$ 1.3m
Stanley Chapman	Executive VP & COO of Natural Gas Pipelines	no data	CA$6.81m	0.0052% CA$ 2.1m
Bevin Wirzba	Executive VP	less than a year	CA$3.70m	0.0018% CA$ 731.3k
Gavin Wylie	Vice-President of Investor Relations	no data	no data	0.00049% CA$ 198.0k
Patrick Keys	Executive VP	4.7yrs	no data	0.0032% CA$ 1.3m
Annesley Wallace	Executive VP of Strategy	less than a year	no data	0% CA$ 0
Richard Prior	President of Liquids Pipelines.	no data	no data	0.0021% CA$ 860.6k
Dawn de Lima	Executive Vice-President of Corporate Services	3.1yrs	no data	0.00084% CA$ 339.4k
Patrick Muttart	Senior Vice President of External Relations	2.2yrs	no data	0.00071% CA$ 286.9k
Greg Grant	President of Canadian Natural Gas Pipelines	no data	no data	0.0015% CA$ 606.1k
Tina Faraca	Executive VP & President of U.S. Natural Gas Pipelines	no data	no data	0.00046% CA$ 185.9k

2.4yrs

Average Tenure

57yo

Average Age

Experienced Management: TCAN.F's management team is considered experienced (2.4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Francois Poirier	CEO, President & Director	3yrs	CA$10.60m	0.011% CA$ 4.4m
William Johnson	Independent Director	2.6yrs	CA$348.01k	no data
John Lowe	Independent Chair of the Board	8.3yrs	CA$372.40k	0.0029% CA$ 1.2m
Una Power	Independent Director	4.7yrs	CA$387.05k	0.00061% CA$ 246.5k
Harold Kvisle	Chair of the Liquids Pipelines Company	less than a year	CA$6.10m	no data
Michael Culbert	Independent Director	3.7yrs	CA$346.08k	0.0010% CA$ 408.1k
Thierry Vandal	Independent Director	6.2yrs	CA$372.40k	0.000030% CA$ 12.1k
Indira Samarasekera	Independent Director	7.8yrs	CA$346.08k	no data
Dheeraj Verma	Independent Director	1.8yrs	CA$238.98k	0.0077% CA$ 3.1m
David MacNaughton	Independent Director	3.7yrs	CA$344.05k	no data
Mary Salomone	Independent Director	10.9yrs	CA$378.42k	0.00043% CA$ 173.7k
Susan Jones	Independent Director	3.7yrs	CA$346.08k	0.0014% CA$ 553.5k

3.7yrs

Average Tenure

63.5yo

Average Age

Experienced Board: TCAN.F's board of directors are considered experienced (3.7 years average tenure).

TC Energy Management

Management criteria checks 3/4

Key information

Recent management updates

TC Energy Corporation, Annual General Meeting, Jun 04, 2024

Tc Energy Corporation Announces Executive Changes

TC Energy Corporation Appoints John E. Lowe as Chair of the Board, Effective January 1, 2024

TC Energy Corporation Appoints Hal Kvisle, as Board Chair of New Liquids Pipelines Company

TC Energy Corporation Appoints Cheryl Campbell as New Independent Director to the Board of Directors

TC Energy Corporation Approves Appointment of Dheeraj “D” Verma as Director

Recent updates

TC Energy Corporation to Report Q1, 2024 Results on May 03, 2024

TC Energy Corporation, Annual General Meeting, Jun 04, 2024

Tc Energy Corporation Announces Executive Changes

Nisga'a Nation and Western LNG ULC entered into binding letter agreement to acquire Prince Rupert Gas Transmission Holdings Ltd. and Prince Rupert Gas Transmission Limited Partnership from TC Energy Corporation (TSX:TRP).

TC Energy Corporation Declares Dividend for the Quarter Ending March 31, 2024, Payable on April 30, 2024

TC Energy Corporation to Report Q4, 2023 Results on Feb 16, 2024

TC Energy Reportedly Plans to Discuss Selling Natural Gas Pipeline Stake to Indigenous Groups

TC Energy Corporation Appoints John E. Lowe as Chair of the Board, Effective January 1, 2024

TC Energy Reportedly Exploring Stake Sales of Assets Worth $10 Billion

TC Energy Corporation to Report Q3, 2023 Results on Nov 08, 2023

TC Energy Corporation Appoints Hal Kvisle, as Board Chair of New Liquids Pipelines Company

TC Energy Corporation Declares Quarterly Dividend on Common Share, Payable on October 31, 2023

TC Energy Corporation to Report Q2, 2023 Results on Jul 28, 2023

TC Energy Corporation's Pumped Storage Project Moving to Final Evaluation

TC Energy Corporation's Pumped Storage Project Moving to Final Evaluation

Tc Energy Expects to Appeal Delaware Court Rulings in Lawsuit Related to 2016 Columbia Pipeline Acquisition

TC Energy Corporation acquired Blue Cloud and Fluanna I from Copenhagen Infra Partners II managed by Copenhagen Infrastructure Partners P/S.

TC Energy Corporation Declares Dividend for the Quarter Ending March 31, 2023, Payable on April 28, 2023

TC Energy Provides Coastal Gaslink Project Update

TC Energy Corporation to Report Q4, 2022 Results on Feb 14, 2023

TC Energy Corporation Declares Dividend for the Quarter Ending December 31, 2022. Payable on January 31, 2023

TC Energy Corporation to Report Q3, 2022 Results on Nov 09, 2022

TC Energy Corporation has completed a Follow-on Equity Offering in the amount of CAD 1.8034 billion.

TC Energy Corporation to Report Q2, 2022 Results on Jul 28, 2022

TC Energy Corporation Appoints Cheryl Campbell as New Independent Director to the Board of Directors

TC Energy Corporation Approves Appointment of Dheeraj “D” Verma as Director

TC Energy Corporation to Report Q1, 2022 Results on Apr 29, 2022

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age