Energy
Ovintiv Executive Compensation (FY25)
OVV · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025 ◇ Brendan McCracken | Latest say-on-pay support = May 6, 2026 | Chief executive pay ratio ◇ To the median employee |
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Data as of November 6, 2026Latest filing (8-K): May 8, 2026
8 filings cited on this page
Method: intel.velarion.ai/methodology
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229 figures on this page: 225 cited to the filing that reported them, 4 calculated from figures it prints. See the citations
More on Ovintiv
Five data products on this company. Each one is requested through the developer setup page.
- Peer Disclosure Audit$5The comparison companies this board named, each one tied to the filing that lists it.How to get Peer Disclosure Audit
- Governance Provisions PullfreeThe governance provisions as the proxy states them: board leadership, committee membership, and shareholder rights.How to get Governance Provisions Pull
- Say-on-Pay Risk Signal$9A risk band for the next say-on-pay vote, with the support history and the peer comparison behind it.How to get Say-on-Pay Risk Signal
- NEO Comp Report$24Every named executive officer’s pay by element and year, with the citation behind each figure.How to get NEO Comp Report
- Board Comp Report$24What each non-employee director was paid, the standing fee schedule, and the equity each one holds at year end.How to get Board Comp Report
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Brendan McCracken: $13,031,675 → $13,693,140 (5.1% higher)
Frequently asked questions
Answers drawn from the data on this page.
Who is Ovintiv's chief executive and what were they paid?
Brendan McCracken was paid $13,693,140 in total compensation as President & Chief Executive Officer for fiscal 2025. McCracken's total moved 5.1% higher from the $13,031,675 reported for fiscal 2024.
What was Ovintiv's say-on-pay result?
Shareholders supported the say-on-pay proposal with 96.3% of votes cast including abstentions in favor at the meeting held May 6, 2026 for fiscal 2025.
Which companies are in Ovintiv's peer group?
Companies named in the disclosed peer group include Antero Resources Corporation, APA Corporation, ARC Resources Ltd., Canadian Natural Resources Ltd. and Chord Energy Corp., among others.
What is Ovintiv's chief executive pay ratio?
The company reported a chief executive pay ratio of 70.6:1 for fiscal 2025, against median employee compensation of $194,016.
Executive compensation
Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Brendan McCracken President & Chief Executive Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Greg Givens Executive Vice-President & Chief Operating Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Corey Code Executive Vice-President & Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Renee Zemljak Executive Vice- President, Midstream, Marketing & Fundamentals | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Rachel Moore Executive Vice-President, Corporate Services | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Brendan McCracken President & Chief Executive Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Greg Givens Executive Vice-President & Chief Operating Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Corey Code Executive Vice-President & Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Renee Zemljak Executive Vice- President, Midstream, Marketing & Fundamentals | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Meghan Eilers Executive Vice- President, Midstream & Marketing and General Counsel | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Rachel Moore Executive Vice-President, Corporate Services | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Brendan McCracken President & Chief Executive Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Greg Givens Executive Vice-President & Chief Operating Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Corey Code Executive Vice-President & Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Meghan Eilers Executive Vice- President, Midstream & Marketing and General Counsel | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Rachel Moore Executive Vice-President, Corporate Services | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Brendan McCracken President & Chief Executive Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Greg Givens Executive Vice-President & Chief Operating Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Corey Code Executive Vice-President & Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Meghan Eilers Executive Vice-President, Midstream & Marketing and General Counsel | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Rachel Moore Executive Vice-President, Corporate Services | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.
Equity awards granted
Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Brendan McCracken | PSU | ◇ | — | ◇ | — | ◇ | — | ◇ |
| Brendan McCracken | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Corey Code | PSU | ◇ | — | ◇ | — | ◇ | — | ◇ |
| Corey Code | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Greg Givens | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Greg Givens | PSU | ◇ | — | ◇ | — | ◇ | — | ◇ |
| Meghan Eilers | PSU | ◇ | — | ◇ | — | ◇ | — | ◇ |
| Meghan Eilers | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Rachel Moore | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Rachel Moore | PSU | ◇ | — | ◇ | — | ◇ | — | ◇ |
Fiscal 2023, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.
Outstanding awards
Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Brendan McCracken | PSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| Greg Givens | PSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| Corey Code | PSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| Meghan Eilers | PSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| Rachel Moore | PSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director compensation
What each non-employee director was paid.
Fiscal 2024
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
Peter A. Dea Board chair | ◇ | ◇ | — | — | — | ◇ | ◇ |
George L. Pita | ◇ | ◇ | — | — | — | ◇ | ◇ |
Thomas G. Ricks | ◇ | ◇ | — | — | — | ◇ | ◇ |
Suzanne P. Nimocks | ◇ | ◇ | — | — | — | ◇ | ◇ |
Steven W. Nance | ◇ | ◇ | — | — | — | ◇ | ◇ |
Howard J. Mayson | ◇ | ◇ | — | — | — | ◇ | ◇ |
Ralph Izzo | ◇ | ◇ | — | — | — | ◇ | ◇ |
Meg A. Gentle | ◇ | ◇ | — | — | — | ◇ | ◇ |
Brian G. Shaw | ◇ | ◇ | — | — | — | ◇ | ◇ |
Sippy Chhina | ◇ | ◇ | — | — | — | ◇ | ◇ |
Lee A. McIntire | ◇ | — | — | — | — | ◇ | ◇ |
Terri King and Brendan M. McCracken served on the board in fiscal 2024 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director fee schedule
The standing retainers and premiums the board pays, as published.
| Board cash retainer | ◇ |
| Board equity retainer | ◇ |
| Total board retainer | ◇ |
| Board chair premium | ◇ |
| Audit committee chair | ◇ |
| Compensation committee chair | ◇ |
| Nominating and governance chair | ◇ |
Equity is delivered as Director RSUs.
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
- Antero Resources Corporation AR
- APA Corporation APA
- ARC Resources Ltd. AXREF
- Canadian Natural Resources Ltd. CNQ
- Chord Energy Corp. CHRD
- Civitas Resources Inc. CIVI
- Coterra Energy Inc. CTRA
- Devon Energy Corporation DVN
- Diamondback Energy, Inc. FANG
- EOG Resources Inc. EOG
- EQT Corporation EQT
- Expand Energy Corporation EXE
- Hess Corporation HES
- Matador Resources MTDR
- Murphy Oil Corporation MUR
- Occidental Petroleum Corporation OXY
- Permian Resources Group PR
- Range Resources Corporation RRC
- XOP symbol not shown
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | May 6, 2026 | = | ◇ | ◇ | ◇ |
| 2024 | May 1, 2025 | = | ◇ | ◇ | ◇ |
| 2023 | May 2, 2024 | = | ◇ | ◇ | ◇ |
| 2022 | May 3, 2023 | = | ◇ | ◇ | ◇ |
Chief executive pay ratio
As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
Ask our research desk — $99, 24h, every figure cited to its filing.
Sample answer — “What is the CEO’s total compensation?”
- Brendan McCracken (President & Chief Executive Officer), FY2025 total compensation $13,693,140 (base salary $1,185,000) [exec_comp, SEC accession 0001193125-26-124351, filed 2026-03-25]What this page does not include
Everything above is a fact Ovintiv disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Ovintiv sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $500Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $500Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion IntelligenceAdviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
229 figures on this page: 225 cited to the filing that reported them, 4 calculated from figures it prints.
225 cited to the filing
4 calculated from the filing
Documents cited
- 0001193125-26-214956Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001193125-26-124351CEO Pay Ratio · Director Compensation · Grants of Plan-Based Awards · Summary Compensation Table
- 0001193125-25-112485Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001193125-25-058956Executive Compensation Tables · Our Director Compensation Program
- 0000950170-24-053752Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001193125-24-073766Executive Compensation Tables
- 0000950170-23-018829Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001193125-23-077854Executive Compensation Tables
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Ovintiv executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/OVV (accessed 2026).
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The paid brief for Ovintiv
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $500 for the board report; $900 for both.
8 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Peers Ovintiv discloses
The companies named in OVV's own disclosed peer group.
Antero Resources CorporationAPA CorporationChord Energy Corp.Civitas Resources Inc.Coterra Energy Inc.Devon Energy CorporationDiamondback Energy, Inc.EOG Resources Inc.EQT CorporationExpand Energy CorporationHess CorporationMatador ResourcesMurphy Oil CorporationOccidental Petroleum CorporationPermian Resources GroupRange Resources Corporation
Terms on this page
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Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
author = {{Velarion Company Intelligence}},
title = {Velarion database: executive and board compensation data},
year = {2026},
version = {2026Q3},
doi = {10.5281/zenodo.22283854},
publisher = {Zenodo},
url = {https://doi.org/10.5281/zenodo.22283854}
}