Thread regarding Cenovus Energy layoffs

Year End Review for CVE Exec. Needs Improvement

How could anyone rating our executive not give them all a needs improvement rating? Our stock is tanking, staff morale is still in the gutter, and they have done nothing to address bullying within the company. None of them should get anything above 60%. I mean seriously tell me something positive or impactful that they’ve done for the company this year. And I don’t mean them taking credit for actual employees work. What did they individually do to improve Cenovus?

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| 1401 views | | 6 replies (last January 19, 2024) | Reply
Post ID: @OP+1qCHZUMo

6 replies (most recent on top)

I will get back to work at about a P50 level for you 😂😂

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Post ID: @2vul+1qCHZUMo

Stop the complaining and get back to work!!!

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Post ID: @1tgx+1qCHZUMo

Yup, and our stock is down 30% to $20 just in time for PSU & RSU payouts! They reward themselves with 20% comp increases but then they sc--w us every…single…time!

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Post ID: @1dof+1qCHZUMo

If you look at compensation of folks in BOD, 12 of them are getting $260k+ a year from Cenovus. Look at the prospectus you get next time. Alex not a CEO, but shows $12M compensation. Jon is showing $5M. Jon recently bought 25k shares for $0.5M. The others bought some too. So much money spent on BOD members… why? Do we need so many? It’s insane

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Post ID: @1fil+1qCHZUMo

Did anyone else see their comp jump by 20%?

CEO pay in oil and gas sector jumps double-digits on surging profits: report

Five of the seven company asset tiers laid out in the report saw median CEO compensation rise by at least 20 per cent in 2022 year-over-year.

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Post ID: @cmn+1qCHZUMo

Now that the husky mentality is back at the helm let’s bring back the glorious HRO sub captains to sink the ship!!!! Ha!

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Post ID: @cwn+1qCHZUMo

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