Douglas J. Suttles is the former CEO of Ovintiv Inc., a major player in the oil and gas industry. He took the helm of the company in June 2013 and continued until August 2021. His journey in the energy field...

Current Market Cap

$10.77B

Number of Employees

1.74K

Total Compensation

2019 - 2020

Trending down by -4.00% last year
Showing total compensation for the last 2019 - 2020

Stock

Up by 0.00% last year

Salary

Up by 0.00% last year

Bonus

Down by -7.95% last year

Other

Up by 0.30% last year

Year

2020

Total Compensation

$2.68M

Salary

$1.10M

Board Justification

The compensation philosophy aligns executive pay with company performance and shareholder interests, focusing on both short-term and long-term goals.

Bonus

$1.31M

Board 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

$277.22K

Board Justification

Other compensation includes company contributions to retirement plans, annual allowances, and other benefits.

Restricted Stock

$0.00(0 RSU)

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.

SEC Filing

From March 12, 2021