Rupert's Salary
Apr 5, 2002, 10:17 am
#1
Original Poster
Join Date: Jan 2001
Location: Toronto,
Posts: 834
Rupert's Salary
From the AC management proxy circular they list the highest paid five employees.
Rupert is not there. I speculate that this is because Aeroplan is a separate company. However for income tax purposes most companies that are interrelated have to file as related for certain preferential tax situations.
So I believe the OSC and the SEC should not let company's hide salaries in sheltered entities.
Personally I see rupert at $750,000. But if Aeroplan is making money and AC losing, then he deserves more than Milton's $1M.
Rupert is not there. I speculate that this is because Aeroplan is a separate company. However for income tax purposes most companies that are interrelated have to file as related for certain preferential tax situations.
So I believe the OSC and the SEC should not let company's hide salaries in sheltered entities.
Personally I see rupert at $750,000. But if Aeroplan is making money and AC losing, then he deserves more than Milton's $1M.
Apr 5, 2002, 10:29 am
#2
Company Representative - Air Canada
Join Date: May 1999
Location: Canada
Posts: 24,215
Well... I did a search on google for "Rupert Duchesne earning" and the first result was "errorplan - Air Canada Reduces Aroplan Benefits!". Can't stop laughing. 
Btw, nothing on the internet with his salary info.
[This message has been edited by Empress (edited 04-05-2002).]
Btw, nothing on the internet with his salary info.
[This message has been edited by Empress (edited 04-05-2002).]