Monday, 16 April 2007

Saskatchewan CEOs racking up Millions in pay and perks

Now I'm not opposed to folks making a decent wage. In fact I support the concept. A fair day's pay for a fair day's work. But at a certain point, levels of compensation for the corporate elite and the captains of industry start to border on the obscene.

In this CBC story, it's indicated that CEO's in Saskatchewan racked up the big bucks last year.

For instance:

Wayne Brownlee, Potash Corporation of Saskatchewan - 16.7 million
Gerry Grandey, Cameco Corporation - 6.8 million
David Sutherland, IPSCO - 10+ million

It's no wonder average folks are becoming increasing concerned with the Growing Gap between the rich and the rest of us.

1 comment:

Jake Neufeld said...

As an shareholder of all three aforementioned companies, I would be happy to pay double their current wages if they can keep my returns coming as they've been... they are worth every penny.