FlyerTalk Forums - View Single Post - Air Canada CEO's compensation falls by over half - to $5.8 million - due to pandemic
Thread: Air Canada CEO's compensation falls by over half - to $5.8 million - due to pandemic
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Old May 26, 2020 | 9:48 am
  #7  
imverge
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Originally Posted by EdmFlyBoi
And what would you suggest be appropriate compensation? He is giving up his base salary for 2020. I might suggest that his performance as CEO over the past 10 years justifies his compensation. Executive compensation has to be competitive. Suggesting the number is too high ignores market forces, past performance, and the basic realities of this type of compensation at present. I think the kind of knee jerk comments you are making are rather unrealistic.
LOL! Giving up your base salary is just PR. when you are in line to get $5.8 million in "compensation".

I hope the government will take some ownership in AC when they bail them out with a freeze on executives bonuses and share buy backs.
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