In 2020, Douglas J. Suttles earned $2.68M in total compensation at Ovintiv, including $1.10M salary and $1.31M bonus. Most recently acquired 1,200 shares in Sep 2020. Currently holds stock worth $9.43M. Led Ovintiv as CEO for 8 years.
Compensation History
Annual executive compensation data for Douglas J. Suttles, including salary, bonuses, and stock awards.
Year
2020
Total Compensation
$2.68M
Salary
$1.10M
Bonus
$1.31M
Other
$277.22K
Salary
$1.10MBoard Justification
The compensation philosophy aligns executive pay with company performance and shareholder interests, focusing on both short-term and long-term goals.
Bonus
$1.31MBoard Justification
The annual bonus is based on performance metrics set by the company, with a target of 125% of base salary and a maximum of 250%. The actual bonus paid was adjusted to reflect company performance.
Other Compensation
$277.22KBoard Justification
Other compensation includes company contributions to retirement plans, annual allowances, and other benefits.
Restricted Stock
Board Justification
No stock grants were vested in 2020 as the focus is on annual bonuses and long-term incentive awards that are not included in this total.
Performance Metrics
Performance metrics for the annual bonus include free cash flow, capital efficiency, total costs, and production targets.
Douglas J. Suttles
Ex-CEO of Ovintiv
Education
Not specified
Field of Expertise
Business & Management
Sector of Economy
Energy
Born
January 1, 1962 - 63 years ago
CEO of Ovintiv for
8 years 2 months (Jun 2013 - Aug 2021)
Previous Experience
Joined Ovintiv in 2013 as President & Chief Executive Officer
Other Ovintiv CEOs
Holdings
Track Douglas J. Suttles's stock holdings and portfolio value over time.
Insider Trading
Douglas J. Suttles's recent stock transactions, purchases, and sales filed with the SEC.
$10.20K
OVV at $8.50/share
Sep 23, 2020
Purchase
$18.95K
OVV at $9.48/share
Sep 8, 2020
Purchase
$17.50K
OVV at $8.75/share
Jun 11, 2020
Purchase
$12.25K
OVV at $2.45/share
Mar 23, 2020
Purchase
$14.40K
OVV at $2.88/share
Mar 11, 2020
Purchase
$33.43K
OVV at $3.34/share
Mar 9, 2020
Purchase
$12.83K
OVV at $8.55/share
Mar 6, 2020
Purchase
$44.03K
OVV at $9.79/share
Mar 5, 2020
Purchase
$20.66K
OVV at $10.33/share
Feb 28, 2020
Purchase
$21.51K
OVV at $10.76/share
Feb 27, 2020
Purchase
Rivals
Compare Douglas J. Suttles 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