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";s:4:"text";s:6686:"h�b``�a``5a �gB���Y8 Y���������|�-����60���n�ٱ���_�/����e�h��@��\��. The Bloomberg Pay Index tracks the 100 highest-paid executives at companies that submit compensation details to U.S. regulators. That made Kennedy, its 47-year-old CEO, the second-highest-paid executive in 2018 among companies traded on U.S. exchanges, according to the Bloomberg Pay Index. Brendan Kennedy knew early on that his bet on marijuana would take years to pay off—if at all. “I haven’t sold a share.”. “IPO grants serve two purposes—alignment with shareholders and retention, because an executive disruption at that stage can be very problematic,” said Aalap Shah, managing director at Pearl Meyer, a consulting firm that specializes in executive compensation. One app maker, called Blueheart, offered to pay employees with shares in the new firm, rather than salaries. trailer<]/Prev 92236>>startxref0%%EOF 53 0 obj<>stream Filings show he has netted roughly $24 million from stock sales this year. CEO salaries Blogs, Comments and Archive News on Economictimes.com Like Kennedy, Spiegel and Woodman received big packages tied to their companies successfully launching initial public offerings. Salary estimates are based on 87 salaries submitted anonymously to Glassdoor by CEO employees. His net worth swelled to more than $2 billion as the company’s stock soared in September to an intraday record of $300, but it dwindled from there along with the stock, which ended the year at $70.54. The left-leaning think tank uses the figures to highlight the gap between what the average Canadian makes compared to C-suite executives. Kennedy’s 2018 compensation consisted of $425,000 in salary, an equal-size bonus, and restricted shares and stock options worth $5.82 million and $25.1 million, respectively, when they were granted. © Copyright 2020 St. Joseph Communications. The index’s figures can therefore differ from those disclosed in filings—sometimes by a lot—depending on stock-price changes and dividends. The national average salary for a CEO is €95,919 in France. “Disney has made historic investments to expand the earnings potential and upward mobility of our workers, implementing a starting hourly wage of $15 at Disneyland that’s double the federal minimum wage, and committing up to $150 million for a groundbreaking education initiative that gives our hourly employees the opportunity to obtain a college or vocational degree completely free of charge,” he said. The Bloomberg index allocates 1/10th of the securities to each of the next 10 years. 0000050779 00000 n 0000013777 00000 n 0000044500 00000 n 0000043112 00000 n Valeant Pharmaceuticals International tops the ranking of Canadian CEO salaries for a second time this year—and that’s after a $100 million pay cut. Like Musk, most executives on the index aren’t guaranteed to pocket all, or even most, of their packages. Iger has delivered exceptional value for the company, its shareholders and employees: Disney’s market capitalization has increased 433% to $244 billion during his tenure, and the stock is trading at record highs,” a Disney spokesman said in an email. 0000042999 00000 n 0000002412 00000 n In March, the company curtailed some of the increases and firmed up the performance goals after investors said they were too lax. Filter by location to see CEO salaries in your area. 0000053278 00000 n 0000053636 00000 n His $513.3 million figure for last year includes a tranche of the 2018 grant and part of a similar but smaller options award received in 2012. 0000043226 00000 n Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Recurring annual grants of shares or options are counted in the year they’re bestowed, not when they vest. Search. 0000052992 00000 n For Tilray’s Kennedy, the road back to the billionaires club may be a long one, given the recent decline in the shares. In 2018, he got his latest mega-grant of options, listed in filings with a value of $2.28 billion. CEO Pay versus Average Salaries: Company: Number of Employees: CEO Salary: Average Employee Salary: Ratio: Broadband Infraco: 155: R2,700,000: R613,794: 4:1: Sentech 0000023471 00000 n 0000040240 00000 n Musk has never accepted the minimum salary Tesla is required to pay him under California law. That still wasn’t enough to assuage every critic. 0000059299 00000 n 7 0 obj<>endobj xref7 470000000016 00000 n With Tilray, he joins an exclusive club of entrepreneurs whose gambles yielded compensation packages of a magnitude rarely seen at blue-chip companies. %PDF-1.6%���� In July, Tilray Inc. became the first cannabis company to list its shares on a U.S. exchange and rode a wave of investor hype to end 2018 with a 315% gain. Despite that 55% pay cut, Papa still easily bested the second-highest paid CEO on the list, Magna International’s Donald Walker, at $28 million. The windfall didn’t arrive for six years, but close enough. He’s followed by Apple Inc.’s Tim Cook and Nikesh Arora, the former SoftBank Group Corp. executive who took over as CEO of Palo Alto Networks Inc. last year. 0000042888 00000 n It closed Thursday at $47.59. St. Joseph Communications uses cookies for personalization, to customize its online advertisements, and for other purposes. “Canada’s corporate executives were among the loudest critics of a new fifteen dollar minimum wage in provinces like Ontario and Alberta, meanwhile the highest paid among them were raking in record-breaking earnings,” Macdonald said in a news release. 0000003330 00000 n His $256 million compensation package trails only the $513.3 million Tesla Inc. awarded to Elon Musk. For comparison purposes, all such equity awards are valued at each company’s fiscal year-end, not as of the date they were granted. The value of his package has dropped about 25% so far this year as the stock has continued to tumble. 0000044837 00000 n Arora, who took over Palo Alto Networks in June, got shares that will be distributed over seven years. Some of those are tied to years-long performance goals, including Disney’s stock return relative to the S&P 500. This year’s average CEO salary among the top 100 highest-paid executives topped $10.4 million, which is 209 times the annual wage of an average Canadian. ";s:7:"keyword";s:12:"ceo salaries";s:5:"links";s:898:"Cincinnati Reds Uniforms History, Doug Weston Net Worth, Serafina Meaning In Islam, Serina Meaning, Anna Kournikova Tennis, Casey Neistat Instagram, Saher Meaning In English, Human Mouth Bacteria, ";s:7:"expired";i:-1;}