Thought you might like to know this. $=Cdn
Stanley Marshall Fortis Inc. FTS
Salary:1,000,000
Bonus: 1,160,000
Subtotal: 2,160,000
% change from last year-1
Other: 231,859
Stock Awards s:1,407,600
Option Grants: 483,565
Pension Value: 622,444
Total: 4,905,468
% Change:14
Value of Unexercised in-the-money options:6,191,701
Value of unvested share based awards:: 2,281,199
Value of CEO’s equity:14,400,600
Company’s Accrued obligation to CEO Pension:13,649,228
That’s a lot of kilowatts!
Source: Globe and Mail June 1, 2011 Executive compensation rankings for Canada’s 100 biggest companies
Something to remember when we’re all struggling to keep the lights on next winter.
My next task will be to figure out what % of our bills goes into his pocket.
In 2005, it earned a profit of $137.1 million Canadian from revenue of $1.44 billion.[2]
If it’s about the same then the 4.9 million is about 3.8% of profits and .3% of revenues.
So if you have a $100 bill, he pockets 30¢ not including the value of his equity, his unexercised options and the company’s accrued obligation to his pension