Canadian Utilities Management

Management criteria checks 4/4

Canadian Utilities' CEO is Nancy Southern, appointed in Jul 2021, has a tenure of 3.33 years. total yearly compensation is CA$4.93M, comprised of 18.1% salary and 81.9% bonuses, including company stock and options. directly owns 0.096% of the company’s shares, worth $6.66M. The average tenure of the management team and the board of directors is 3.3 years and 10.5 years respectively.

Key information

Nancy Southern

Chief executive officer

CA$4.9m

Total compensation

CEO salary percentage	18.1%
CEO tenure	3.3yrs
CEO ownership	0.1%
Management average tenure	3.3yrs
Board average tenure	10.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Nancy Southern's remuneration changed compared to Canadian Utilities's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	CA$424m
Jun 30 2024	n/a	n/a	CA$537m
Mar 31 2024	n/a	n/a	CA$580m
Dec 31 2023	CA$5m	CA$890k	CA$630m
Sep 30 2023	n/a	n/a	CA$589m
Jun 30 2023	n/a	n/a	CA$573m
Mar 31 2023	n/a	n/a	CA$621m
Dec 31 2022	CA$5m	CA$890k	CA$557m
Sep 30 2022	n/a	n/a	CA$592m
Jun 30 2022	n/a	n/a	CA$558m
Mar 31 2022	n/a	n/a	CA$413m
Dec 31 2021	CA$3m	CA$890k	CA$328m
Sep 30 2021	n/a	n/a	CA$255m
Jun 30 2021	n/a	n/a	CA$274m
Mar 31 2021	n/a	n/a	CA$341m
Dec 31 2020	CA$5m	CA$638k	CA$360m
Sep 30 2020	n/a	n/a	CA$407m
Jun 30 2020	n/a	n/a	CA$600m
Mar 31 2020	n/a	n/a	CA$827m
Dec 31 2019	CA$831k	CA$899k	CA$884m
Sep 30 2019	n/a	n/a	CA$989m
Jun 30 2019	n/a	n/a	CA$907m
Mar 31 2019	n/a	n/a	CA$605m
Dec 31 2018	CA$3m	CA$875k	CA$567m
Sep 30 2018	n/a	n/a	CA$413m
Jun 30 2018	n/a	n/a	CA$306m
Mar 31 2018	n/a	n/a	CA$398m
Dec 31 2017	CA$4m	CA$881k	CA$447m

Compensation vs Market: Nancy's total compensation ($USD3.52M) is below average for companies of similar size in the US market ($USD7.78M).

Compensation vs Earnings: Nancy's compensation has been consistent with company performance over the past year.

CEO

Nancy Southern (67 yo)

3.3yrs

Tenure

CA$4,925,624

Compensation

Ms. Nancy C. Southern has been Executive Chairman at Canadian Utilities Limited and serves as its Chief Executive Officer. She serves as Chief Executive Officer of ATCO Ltd. since January 2000.Ms. Souther...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Nancy Southern	Executive Chair & CEO	3.3yrs	CA$4.93m	0.096% $ 6.7m
Robert Myles	Chief Operating Officer of ATCO EnPower	1.3yrs	CA$1.76m	0.0011% $ 77.9k
Wayne Stensby	Chief Operating Officer of ATCO Energy Systems	4.8yrs	CA$2.51m	0.0067% $ 465.5k
Rebecca Penrice	Executive Vice President of Corporate Services	4.8yrs	CA$1.17m	0.0011% $ 74.5k
Katherine-Jane Patrick	Executive VP & CFO	less than a year	no data	no data
Alan Skiffington	VP & Chief Information Officer	no data	no data	no data
Myles Dougan	Director of Investor Relations & External Reporting	no data	no data	no data
Kyle Brunner	Senior VP	3.2yrs	no data	no data
Kurt Kadatz	Senior Communications Manager	no data	no data	no data
Lisa Cooke	Senior VP & Chief Marketing Officer	2.2yrs	no data	0.00010% $ 7.0k
Deanna Girard	Vice President of Human Resources	6.4yrs	no data	no data
Brian Bale	Special Advisor to the CEO and Senior VP of IT & Real Estate	7.4yrs	CA$500.73k	no data

3.3yrs

Average Tenure

58yo

Average Age

Experienced Management: CUTL.F's management team is considered experienced (3.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Nancy Southern	Executive Chair & CEO	34.8yrs	CA$4.93m	0.096% $ 6.7m
Roger Urwin	Independent Lead Director	4.5yrs	CA$593.27k	0.0083% $ 578.2k
Robert Routs	Independent Director	1.5yrs	CA$208.44k	0.0043% $ 300.6k
Alexander Pourbaix	Independent Director	5yrs	CA$220.00k	0.0076% $ 528.1k
Robert Normand	Independent Director	16.5yrs	CA$272.80k	0.011% $ 764.0k
Linda Southern-Heathcott	Vice Chair of the Board	24.8yrs	CA$228.00k	0.010% $ 702.1k
Laura Reed	Independent Director	10.5yrs	CA$284.06k	0.0081% $ 562.2k
Loraine Charlton	Independent Director	18.5yrs	CA$279.80k	0.019% $ 1.3m
Robert J. Hanf	Independent Director	3.2yrs	CA$425.59k	0.013% $ 931.0k
Matthias Bichsel	Independent Director	10.5yrs	CA$220.00k	0.0098% $ 684.7k
Hector Rangel	Independent Director	10.5yrs	CA$224.50k	0.012% $ 840.6k
Wayne Wouters	Independent Director	5.8yrs	CA$220.00k	0.0063% $ 441.9k

10.5yrs

Average Tenure

68.5yo

Average Age

Experienced Board: CUTL.F's board of directors are seasoned and experienced ( 10.5 years average tenure).

Canadian Utilities Management

Management criteria checks 4/4

Key information

Recent management updates

Canadian Utilities Limited, Annual General Meeting, May 08, 2024

Canadian Utilities Limited Announces the Retirement of Executive Vice President, Brian P. Shkrobot, Effective March 1, 2024

Canadian Utilities Limited Announces Executive Changes

Canadian Utilities Limited, Annual General Meeting, May 03, 2023

Canadian Utilities Limited, Annual General Meeting, May 04, 2022

Canadian Utilities Limited, Annual General Meeting, May 04, 2022

Recent updates

Canadian Utilities Limited Declares Quarterly Dividends, Payable on 01 December 2024

Canadian Utilities Limited to Report Q2, 2024 Results on Aug 02, 2024

ATCO Energy Systems Announces Its Largest Ever Energy Infrastructure Project: Yellowhead Mainline to Drive Economic Growth in Alberta

Canadian Utilities Limited Declares Quarterly Dividends on Class A Non-Voting and Class B Common, Payable on June 1, 2024

Canadian Utilities Limited to Report Q1, 2024 Results on May 02, 2024

Canadian Utilities Limited to Report Fiscal Year 2023 Results on Feb 29, 2024

Canadian Utilities Limited, Annual General Meeting, May 08, 2024

Canadian Utilities Limited Announces the Retirement of Executive Vice President, Brian P. Shkrobot, Effective March 1, 2024

Canadian Utilities Limited Declares First Quarter Dividend, Payable on March 1, 2024

Canadian Utilities Limited to Report Q3, 2023 Results on Oct 26, 2023

Canadian Utilities Limited Declares Quarterly Dividend on Class A Non-Voting and Class B Common Share, Payable on December 01, 2023

Canadian Utilities Limited Declares Quarterly Dividend on Class A Non-Voting and Class B Common Share, Payable on September 01, 2023

Canadian Utilities Limited to Report Q2, 2023 Results on Jul 27, 2023

Canadian Utilities Limited(TSX:CU) dropped from FTSE All-World Index (USD)

Canadian Utilities Limited Announces Executive Changes

Canadian Utilities Limited to Report Fiscal Year 2022 Results on Mar 02, 2023

Canadian Utilities Limited, Annual General Meeting, May 03, 2023

Canadian Utilities Limited Declares First Quarter Dividend on Class A Non-Voting and Class B Common Share, Payable on March 1, 2023

Canadian Utilities Limited (TSX:CU) acquired Portfolio of Wind and Solar Assets and Projects Located in Alberta and Ontario from Suncor Energy Inc. (TSX:SU) for approximately CAD 710 million.

Canadian Utilities Limited Announces Fourth Quarter Dividend

Canadian Utilities Limited to Report Q3, 2022 Results on Oct 27, 2022

Canadian Utilities Limited Declares Quarterly Common Dividend, Payable on September 1, 2022

Canadian Utilities Limited to Report Q2, 2022 Results on Jul 28, 2022

Canadian Utilities Limited Announces Quarterly Common Dividend on Class A Non-Voting Shares and Class B Common Shares, Payable on June 1, 2022

Canadian Utilities Limited to Report Q1, 2022 Results on Apr 27, 2022

Canadian Utilities Limited, Annual General Meeting, May 04, 2022

Canadian Utilities Limited Declares First Quarter Dividend

Canadian Utilities Limited, Annual General Meeting, May 04, 2022

Canadian Utilities Limited to Report Fiscal Year 2021 Results on Feb 23, 2022

Canadian Utilities and Vuntut Gwitchin Complete Landmark Solar Project, Reducing Community Diesel Use in Old Crow, Yukon

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age