Comment period open until April 22
Advisory vote intended provide shareholder feedback on executive compensation
The big banks are the canaries in the coal mine of Canadian corporate governance. As a result of the shareholder proposals they receive, the banks are often among the first public companies to detect the hot issues of the day. This year, the canaries are facing a variety of new activist emissions, including initiatives to […]
Now is not the time for "Say on Pay" regulations
Regulator reviews compliance with executive compensation disclosure rules
Regulators will revise guidelines
133 companies still have work to do
Exchange will provide listed companies with access to officer and director compensation data
Change in CIBC compensation plan delays payout of bonuses
The CEOs of Royal Bank of Canada and Bank of Montreal saw their compensation move in different directions last year.RBC CEO Gordon Nixon saw his total annual pay package rise to $9.7 million in 2005, about $1.8 million more than he made in 2004.That disclosure was contained in the bank’s annual proxy circular, which was […]