Here are Canada's highest-paid CEOs
Canada's highest-paid CEOs come from a variety of industries, including telecommunications, fast food, auto parts and technology.
www.bnnbloomberg.ca
That is some serious money there
Canada's highest-paid CEOs
- Thread starter JuanGoodman
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www.bnnbloomberg.ca
That is some serious money there
Yes, but not MLB serious money. More like Auston Matthews money.Here are Canada's highest-paid CEOs
Canada's highest-paid CEOs come from a variety of industries, including telecommunications, fast food, auto parts and technology.
That is some serious money there
To be fair, some/many/most of these CEO's founded their own company. If I am the founder, I should be able to pay myself whatever I want.
You are worth what people are willing to pay you. A CEO that can revitalize a fading business has earned his keep. A business entity has no obligations to the public, the main objective is to stay in business and make a profit. Especially in these hard times.
I love how the public loves to rail on what corporate CEO"s earn. Do they not realize that its the Board of Directors that determine the CEO's pay? Gotta problem with it take it up with them. It should be noted that most of the compensation comes in the form of stock grants/options exercised that are tied to financial performance and stock price.
Yet nobody seems to bat an eye when an actor pulls in $20 million for a film or an athlete makes $35 million a season for throwing a ball into a hoop.
Ask yourself what's more important to the progression of society a CEO with a vision or a guy who entertains us for 30-50 hours per sports season.
Yet nobody seems to bat an eye when an actor pulls in $20 million for a film or an athlete makes $35 million a season for throwing a ball into a hoop.
Ask yourself what's more important to the progression of society a CEO with a vision or a guy who entertains us for 30-50 hours per sports season.
I do agree with this in theory.
But that is not what's happening in practice.
CEO and their boards and main VP's (who get their fair share of action) all work together to grab as much money as possible for their pocket. They grab public funding to 'save' the company yet still give themselves millions. Their main objective is to return as fucking much as possible to shareholders... Meaning themselves first and foremost. While their employee should be happy to still have a job they shop for a bigger cottage house, a boat, and possibly a plane.
In practice, the greed of the CEO and their board is a fucking joke. But they sell you the theory...
I have no problem with extreme capitalism if it's what we want. But then do not complain about homelessness, extreme violence, and the deterioration of our cities.
p.s. I found out recently that more than half of Montreal's new high-end condos (worth a million or more) are empty... Probably the same everywhere...
[QUOTE="jalimon
I have no problem with extreme capitalism if it's what we want. But then do not complain about homelessness, extreme violence, and the deterioration of our cities.
p.s. I found out recently that more than half of Montreal's new high-end condos (worth a million or more) are empty... Probably the same everywhere...
[/QUOTE
It is a question of survival, survival of the business and survival of the individual. The CEO strives for the best he can achieve, so does everyone down the line from the president to VP to the lowest worker.
I have no problem with extreme capitalism if it's what we want. But then do not complain about homelessness, extreme violence, and the deterioration of our cities.
p.s. I found out recently that more than half of Montreal's new high-end condos (worth a million or more) are empty... Probably the same everywhere...
[/QUOTE
It is a question of survival, survival of the business and survival of the individual. The CEO strives for the best he can achieve, so does everyone down the line from the president to VP to the lowest worker.
