Strategy

Best and worst in executive compensation

A by-the-numbers look at what companies pay their top bosses and the value they get for it.

For the accompanying story, see ‘ Executive compensation: Both eyes on the prize.’ And check out CB data manager Phil Froats’ blog post, ‘ Is a CEO worth 169 average Canadians?

Big bang for buck earned

For every dollar their CEO earned in 2009, these companies profited the most.

RANK COMPANY CEO Profit per $1 paid ($)
1 Fairfax Financial Holdings Ltd. V. Prem Watsa 1,379.71
2 Great-West Lifeco Inc. Allen Loney 502.09
3 George Weston Ltd. W. Galen Weston 499.60
4 Imperial Oil Ltd. Bruce March 397.24
5 First Quantum Minerals Ltd. Philip Pascall 382.41

Small bang for buck earned

For every dollar their CEO earned in 2009, these companies profited the least.

RANK COMPANY CEO Profit per $1 paid ($)
1 TransForce Inc. Alain Bedard 2.75
2 Onex Corp. Gerald Schwartz 6.71
3 Maple Leaf Foods Inc. Michael McCain 7.06
4 Celestica Inc. Craig Muhlhauser 9.09
5 Agnico-Eagle Mines Ltd. Sean Boyd 9.51

Big payout per share

CEOs paid the most for the average number of outstanding shares in 2009.

RANK COMPANY CEO 2009 compensation per share ($)
1 Canada Bread Co. Ltd. R. A. Lan 0.18
2 Onex Corp. Gerald Schwartz 0.14
3 Quebecor Inc. Pierre Karl Peladeau 0.13
4 E-L Financial Corp. Ltd. Duncan N. R. Jackman 0.11
5 Magna International Inc. Donald Walker & Siegfried Wolf 0.10

Small payout per share

CEOs paid the least for the average number of outstanding shares in 2009.

RANK COMPANY CEO 2009 compensation per share ($)
1 Bombardier Inc. Pierre Beaudoin 0.0022
2 Great-West Lifeco Inc. Allen Loney 0.0034
3 Penn West Energy Trust William Andrew 0.0037
4 Canfor Corp. J. F. Shepard 0.0038
5 Imperial Oil Ltd. Bruce March 0.0047

Most expensive director boards

The five companies that pay the most for their governance.

RANK COMPANY Directors fees ($) # of directors
1 EnCana Corp. 5,488,517 14
2 Thomson Reuters Corp. 4,151,675 14
3 Canadian National Railway Co. 3,991,752 12
4 Suncor Energy Inc. 3,823,128 13
5 Goldcorp Inc. 3,413,987 9

Cheapest director boards

The five companies that pay the least for their governance.

RANK COMPANY Directors fees ($) # of directors
1 E-L Financial Corp. Ltd. 141,280 5
2 Linamar Corp. 144,895 3
3 Canada Bread Co. Ltd. 275,100 3
4 Fairfax Financial Holdings Ltd. 405,000 5
5 Dorel Industries Inc. 411,500 6