Ovintiv (OVV) executive compensation, 2026 proxy

Brendan McCracken, President & Chief Executive Officer, was paid $13.7M in 2025, up 5% from $13M the year before. The CEO-to-median-employee pay ratio was 71:1, on median employee pay of $194,016.

Filed
March 25, 2026
Pay year
2025
Named executives
5
CEO total pay
$13.7M+5% vs prior year
CEO to median employee
71:1median $194,016
CEO pay in equity
72%$9.9M in awards
Prior say-on-pay support
94%of votes cast
CEO Target Direct Comp Tied to Performance
91%CEO compensation alignment
NEO Target Direct Comp Tied to Performance
84%Other NEO compensation alignment
Free Cash Flow
$1.6BNon-GAAP Free Cash Flow generated
Say-on-Pay Support
93.96%Prior year support percentage

How McCracken was paid

$13.7M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary9%Stock awards72%Non-equity incentive16%All other compensation3%

Named executive officers

ExecutiveTotal
Brendan McCrackenPresident & Chief Executive Officer$13,693,140
Corey CodeExecutive Vice-President & Chief Financial Officer$4,701,082
Greg GivensExecutive Vice-President & Chief Operating Officer$5,373,052
Meghan EilersExecutive Vice- President, Midstream & Marketing and General Counsel$3,203,756
Rachel MooreExecutive Vice-President, Corporate Services$2,721,010

What changed and why

  • $13.7MCEO total compensation increased to $13,693,140 in 2025 from $13,031,675 in 2024.
  • Ninety-one percent of total target direct compensation for our CEO is tied to performance.
  • $1.6BFree Cash Flow exceeded $1.6 billion despite materially lower oil prices.
  • 9%Scope 1 and 2 greenhouse gas emissions intensity was reduced by approximately 9% in 2025.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.