Ovintiv Inc. Announces Board and Officer Changes

Ticker: OVV · Form: 8-K · Filed: 2025-01-27T00:00:00.000Z

Sentiment: neutral

Topics: governance, executive-changes, board-of-directors

Related Tickers: OVV

TL;DR

Ovintiv's board and exec team shake-up is official as of Jan 27, 2025.

AI Summary

Ovintiv Inc. announced on January 27, 2025, changes related to its board of directors and executive officers. The filing details the departure of certain directors, the election of new directors, and appointments of certain officers, along with information on compensatory arrangements for these individuals.

Why It Matters

Changes in a company's board of directors and executive officers can signal shifts in strategy, governance, or operational focus, impacting investor confidence and future performance.

Risk Assessment

Risk Level: low — This filing primarily concerns routine corporate governance changes and does not appear to involve significant financial transactions or operational disruptions.

Key Players & Entities

FAQ

What specific roles have been affected by the changes in directors and officers?

The filing indicates changes in the composition of the board of directors and the appointment of certain officers, but specific role changes are detailed within the document's exhibits.

Are there any financial implications mentioned regarding the departure or appointment of these individuals?

The filing mentions 'Compensatory Arrangements of Certain Officers,' suggesting that financial details related to compensation for these individuals are included.

When were these changes officially reported?

The changes were officially reported on January 27, 2025.

What is the primary reason for this 8-K filing?

The primary reason for this 8-K filing is to report the departure of directors, election of directors, appointment of certain officers, and related compensatory arrangements.

Where is Ovintiv Inc. headquartered?

Ovintiv Inc. is headquartered in Denver, Colorado, with its principal executive offices located at Suite 1700, 370 17th Street, Denver, Colorado 80202.

From the Filing

0000950170-25-009291.txt : 20250127 0000950170-25-009291.hdr.sgml : 20250127 20250127171911 ACCESSION NUMBER: 0000950170-25-009291 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 13 CONFORMED PERIOD OF REPORT: 20250127 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250127 DATE AS OF CHANGE: 20250127 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Ovintiv Inc. CENTRAL INDEX KEY: 0001792580 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-39191 FILM NUMBER: 25560093 BUSINESS ADDRESS: STREET 1: 370 - 17TH STREET, SUITE 1700 CITY: DENVER STATE: CO ZIP: 80202 BUSINESS PHONE: (303) 623-2300 MAIL ADDRESS: STREET 1: 370 - 17TH STREET, SUITE 1700 CITY: DENVER STATE: CO ZIP: 80202 FORMER COMPANY: FORMER CONFORMED NAME: 1847432 Alberta ULC DATE OF NAME CHANGE: 20191029 8-K 1 ovv-20250127.htm 8-K 8-K 0001792580 false 0001792580 2025-01-27 2025-01-27   UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549   FORM 8-K   CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): January 27, 2025     Ovintiv Inc. (Exact name of Registrant as Specified in Its Charter)     Delaware 001-39191 84-4427672 (State or Other Jurisdiction of Incorporation) (Commission File Number) (IRS Employer Identification No.)           Suite 1700, 370 17th Street   Denver , Colorado   80202 (Address of Principal Executive Offices)   (Zip Code)   Registrant’s Telephone Number, Including Area Code: 303 623-2300   Not Applicable (Former Name or Former Address, if Changed Since Last Report)   Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class   Trading Symbol(s)   Name of each exchange on which registered Common Stock, par value $0.01 per share   OVV   New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐   ITEM 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers   On January 27, 2025, Ovintiv Inc. (the “Corporation”) issued a news release announcing the appointment of Terri G. King to the Board of Directors of the Corporation (the “Board”), effective January 31, 2025. The Board has fixed the number of directors at twelve effective at the beginning of her term. Ms. King will enter into a customary indemnification agreement

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