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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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The paid brief on 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.
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8 filings cited on this page
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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.
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
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
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
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
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
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
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
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
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
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Brendan McCrackenPSU◇—◇—◇—◇
Brendan McCrackenRSU◇——◇——◇
Corey CodePSU◇—◇—◇—◇
Corey CodeRSU◇——◇——◇
Greg GivensRSU◇——◇——◇
Greg GivensPSU◇—◇—◇—◇
Meghan EilersPSU◇—◇—◇—◇
Meghan EilersRSU◇——◇——◇
Rachel MooreRSU◇——◇——◇
Rachel MoorePSU◇—◇—◇—◇
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
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Brendan McCrackenPSU◇◇——
RSU◇◇——
Greg GivensPSU◇◇——
RSU◇◇——
Corey CodePSU◇◇——
RSU◇◇——
Meghan EilersPSU◇◇——
RSU◇◇——
Rachel MoorePSU◇◇——
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
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
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.
YearMeetingSupportVotes forVotes againstAbstentions
2025May 6, 2026=◇◇◇
2024May 1, 2025=◇◇◇
2023May 2, 2024=◇◇◇
2022May 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]

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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 — $500
Written 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 — $500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $500
Realizable 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.
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Adviser 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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Citations

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

  1. 0001193125-26-214956
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0001193125-26-124351
    CEO Pay Ratio · Director Compensation · Grants of Plan-Based Awards · Summary Compensation Table
  3. 0001193125-25-112485
    Item 5.07 Submission of Matters to a Vote of Security Holders
  4. 0001193125-25-058956
    Executive Compensation Tables · Our Director Compensation Program
  5. 0000950170-24-053752
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0001193125-24-073766
    Executive Compensation Tables
  7. 0000950170-23-018829
    Item 5.07 Submission of Matters to a Vote of Security Holders
  8. 0001193125-23-077854
    Executive 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).
Short form: data: Velarion

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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Energy rankings

Peers Ovintiv discloses

The companies named in OVV's own disclosed peer group.

Terms on this page

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

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}
}