Lets hope that reason prevails in 2015. By: Dana Flavelle Economy, Published on Thu Jan 01 2015 Canada’s highest-paid chief executive officers saw their incomes soar to pre-recession levels in 2013, a new survey finds. The top 100 CEOs earned on average $9.2 million in salary, bonuses and stock options, the second-highest level since 2007, the year before the global financial crisis hit, the Canadian Centre for Policy Alternatives says. In comparison, the average Canadian earned $47,358 in 2013. The list of high-flying executives was led by Gerald Schwarz, CEO of Onex Corp., who earned $87.9 million in 2013, most of it in stock options. Nadir Mohamed, who was then CEO of Rogers Communications Inc., earned $26.7 million. Michael M. Wilson, of Agrium Inc., earned $23.8 million. All five CEOs of Canada’s biggest banks were in the top 30.
Posted on: Fri, 02 Jan 2015 15:56:23 +0000
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