In 2023, Brendan McCracken earned $7.91M in total compensation at Ovintiv, including $1.10M salary, $2.54M bonus and $3.86M in stock. Most recently acquired 1 shares in Mar 2022. Currently holds stock worth $8.08M. 4+ years at the helm of Ovintiv.
Compensation History
Annual executive compensation data for Brendan McCracken, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$7.91M
Salary
$1.10M
Bonus
$2.54M
Other
$407.55K
Salary
$1.10MBoard Justification
The compensation program aligns with shareholder interests, emphasizing performance-based pay and market competitiveness, with a significant portion tied to financial and operational results.
Bonus
$2.54MBoard Justification
The annual bonus is based on performance against a combination of Company metrics and individual objectives for the year, with a target of 125% of base salary and a maximum of 250%.
Other Compensation
$407.55KBoard Justification
Other compensation includes contributions to retirement plans, life spending allowance, company aircraft use, and other perquisites.
Restricted Stock
Board Justification
The value realized upon vesting of RSUs was based on the NYSE closing price on the vesting date, with a total of 88,985 RSUs vesting in 2023.
Performance Metrics
The performance metrics include financial, operational, and total shareholder return (TSR) results.
Brendan McCracken
CEO of Ovintiv
Education
Bachelor of Science in Mechanical Engineering from Queen's University, MBA from University of Oxford
Field of Expertise
Technology & Engineering - Engineering
Sector of Economy
Energy
Born
January 1, 1976 - 49 years ago
CEO of Ovintiv for
4 years 3 months (Aug 2021 - Present)
Previous Experience
Joined predecessor company in 1997, served in various leadership roles
Other Ovintiv CEOs
Holdings
Track Brendan McCracken's stock holdings and portfolio value over time.
Insider Trading
Brendan McCracken's recent stock transactions, purchases, and sales filed with the SEC.
1 shares
OVV
Mar 31, 2022
Purchase
153 shares
OVV
Mar 31, 2022
Purchase
$9.14K
OVV at $3.05/share
Mar 11, 2020
Purchase
$41.60K
OVV at $8.32/share
Mar 6, 2020
Purchase
Rivals
Compare Brendan McCracken with competitor CEOs and industry peers.
Joseph Wm. Foran
Founder and CEO of Matador Resources
2023 Compensation
Stock
$11.09M
Salary
$1.35M
Bonus
$3.11M
Other
$25.70K
Total Holdings
$248.76M
Kaes Van't Hof
CEO of Diamondback Energy
2023 Compensation
Stock
$450.00K
Salary
$950.00K
Bonus
$300.00K
Other
$50.00K
Total Holdings
$15.80M
Ezra Y. Yacob
CEO of EOG Resources
2023 Compensation
Stock
$0.00
Salary
$1.17M
Bonus
$2.52M
Other
$373.14K
Total Holdings
$22.95M
James H. Walter
CEO of Permian Resources
2023 Compensation
Stock
$0.00
Salary
$0.00
Bonus
$0.00
Other
$4.30K
Total Holdings
$141.49M
William M. Hickey III
CEO of Permian Resources
2023 Compensation
Stock
$15.00M
Salary
$0.00
Bonus
$0.00
Other
$0.00
Total Holdings
$46.73M