Thread regarding Cenovus Energy layoffs

2024 Compensation

2024 was a great year for CVE. Stock price dropped 16% versus year-end 2023.
JM total compensation went from $8.7M to $10.4M, an increase of 20%.
DZ made $3.1M for "working" eight months.
Great value, the shareholders must be pleased.

Check out the management information circular on Sedar.com

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Post ID: @OP+1jr0dycsa

7 replies (most recent on top)

Husky 2. Nosedive 2

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Post ID: @b3+1jr0dycsa

He’s the worst CEO since Brian Ferguson and they’re both accountants. Maybe accounting shouldn’t run oil and gas companies. We hit $15.80 today. Those layoffs are going to come hard and fast after this. WCS hit $55.

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Post ID: @aj+1jr0dycsa

Or some other producer will*

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Post ID: @a8+1jr0dycsa

If share price stays wear it's at, either the board finally fire their golden boy or will.

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Post ID: @a7+1jr0dycsa

Ran the company into the ground and gets rewarded with a couple extra million.

Disgusting. Are the stakeholders not holding this man accountable or are they brainwashed by his speeches about future plans that have proven to completely fail at execution.

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Post ID: @a6+1jr0dycsa

That makes me sick. He got a 20% increase at the helm of possibly the worst historical company culture and performance.

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Post ID: @a5+1jr0dycsa

The company makes a dollar,
While I make a dime,
That's why I po-p on company time.

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Post ID: @a1+1jr0dycsa

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