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Monday, April 3, 2017

​Bombardier CEO defers executive pay increases to 2020

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bellemare-bombardier*100xx512-513-0-31.jBombardier Inc. CEO Alain Bellemare on Sunday announced that he has asked the company’s board of directors to defer more than half of the compensation increases that he and several other executives received last year until 2020. The move comes after public outcry in Canada over the revelation that total compensation to the company’s top six executives increased by nearly 50 percent at a time when the manufacturer is laying off thousands worldwide and receiving government aid, including the $1…
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April 03, 2017 at 08:24PM

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from Daniel McCoy

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