Air Canada CEO's compensation falls by over half - to $5.8 million - due to pandemic
https://montreal.ctvnews.ca/air-cana...emic-1.4954039
MONTREAL -- Air Canada CEO Calin Rovinescu was on track to receive around $12.9 million in total compensation last year, but the value fell by more than half as the airline's shares stalled due to the COVID-19 pandemic.
As of May 4, when the company's share price closed at $17.63 on the Toronto Stock Exchange, the total compensation of its president and chief executive officer was estimated at $5.8 million. Air Canada's shares closed at $16.76 on Monday.