Ovintiv CEO Doug Suttles' 2019 pay rises 7% to $13M
Ovintiv reports 2019 executive compensation
By ExecPay News
Published: March 23, 2022
Ovintiv reported fiscal year 2019 executive compensation information on March 23, 2022.
In 2019, eight Ovintiv executives received on average a compensation package of $4.2M, a 11% decrease compared to previous year.
Average pay of disclosed executives at Ovintiv
Doug Suttles, Chief Executive Officer, received $13M in total, which increased by 7% compared to 2018. 58% of Suttles' compensation, or $7.3M, was in stock awards. Suttles also received $1.4M in non-equity incentive plan, $2.4M in option awards, $1.1M in salary, as well as $276K in other compensation.
For fiscal year 2019, the median employee pay was $144,770 at Ovintiv. Therefore, the ratio of Doug Suttles' pay to the median employee pay was 87 to one.
Mike McAllister, President, received a compensation package of $5.2M, which increased by 45% compared to previous year. 41% of the compensation package, or $2.2M, was in stock awards.
Sherri Brillon, Chief Financial Officer, earned $4.8M in 2019, a 71% increase compared to previous year.
Renee Zemljak, Executive Vice-President, Midstream, Marketing & Fundamentals, received $2.7M in 2019, which is about the same as previous year.
David Hill, Executive Vice-President, Land & Exploration, earned $2.6M in 2019, a 2% increase compared to previous year.
Greg Givens, Chief Operating Officer, received $2.1M in 2019.
Corey Code, Chief Financial Officer, earned $1.8M in 2019.
Brendan McCracken, Chief Executive Officer, received $1.4M in 2019.
Related executives
Brendan McCracken
Ovintiv
Chief Executive Officer
Greg Givens
Ovintiv
Chief Operating Officer
Doug Suttles
Ovintiv
Chief Executive Officer
Corey Code
Ovintiv
Chief Financial Officer
Mike McAllister
Ovintiv
Former President
David Hill
Ovintiv
Former Executive Vice, President, Land & Exploration
Renee Zemljak
Ovintiv
Executive Vice President, Midstream, Marketing & Fundamentals
Sherri Brillon
Ovintiv
Chief Financial Officer
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Source: SEC filing on March 23, 2022.