FlyerTalk Forums - View Single Post - Air Canada VP Ben Smith hired for the Air France - KLM CEO position
Old Sep 18, 2018 | 11:58 am
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The Lev
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Originally Posted by longtimeflyin
Smith doesn't even receive a healthy salary, tax withstanding here. He probably made more with all of his AC stock + salary at his old job, and yet AC is a fraction of the size of AF.
AC is less than half of Air France-KLM in terms of revenue but it currently has a higher market value.

For what it's worth, Ben Smith's compensation for the last few years has been:
2017: $650,000 base, $3,989,708 total
2016: $650,000 base, $3,999,844 total
2015: $615,003 base, $3,847,593 total
2014: $528,335 base, $2,501,797 total
see page 67 here: https://www.welcometofrance.com/en/t...emption-scheme
These may understate his actual take-home since AC stock has performed very well over the last few years.

At Air France he's making more than twice the base salary (when converted from Euros) and seems to have higher total remuneration as well - assuming he hits targets, which in public companies, executives seem to find a way to do.

Last edited by The Lev; Sep 18, 2018 at 12:25 pm
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