Thread regarding Cenovus Energy layoffs

Pay for Performance?

CVE market cap @ Dec 31, 2022 - $51.26B
CVE market cap @ Dec 31, 2023 - $41.85B, decrease of 18.35%

JM 2023 compensation $8.7M
AP 2023 compensation $8.1M

  • - Total of $16.8M for president and chair

JH 2023 compensation, demoted CFO $2.8M
DZ 2023 compensation $3.2M, increase of 8.7%

Total 2023 compensation for top seven executives $31.4M

See Management Information Circular at sedar.com

by Anonymous
| 1061 views | | 3 replies (last April 10, 2024) | Reply
Post ID: @OP+1rPnJ5qX
Comment! It's anonymous!

3 replies (most recent on top)

This is why I do the bare minimum. The top guys get rich and we get worked over time and time again. What’s the point? I can keep my job by doing this for a long long time.

by Anonymous
| | Reply
Post ID: @9bkw+1rPnJ5qX

Pretty to debate those facts.

by Anonymous
| | Reply
Post ID: @2akr+1rPnJ5qX

Egregious!!
Loving the 2023 corporate score and low bonus even more now.

by Anonymous
| | Reply
Post ID: @sai+1rPnJ5qX

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