CPKC's Creel sees his compensation jump to $20 million after railway merger

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MONTREAL — The head of Canada's second-biggest railway enjoyed a big jump in compensation after a historic year for the company as it integrated a major acquisition. Keith Creel, CEO of Canadian Pacific Kansas City Ltd.

MONTREAL — The head of Canada's second-biggest railway enjoyed a big jump in compensation after a historic year for the company as it integrated a major acquisition.

The pay bump for the entire C-suite stemmed largely from share-based awards and cash bonuses after Calgary-based Canadian Pacific merged its operations last April with Kansas City Southern. The one-time equity allocation accounted for most of the rise in share-based awards, which added up to $36 million for the firm's five highest-ranking executives. The awards, in turn, accounted for the vast majority of their overall compensation increase.

 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

 /  🏆 8. in İN

इंडिया ताज़ा खबर, इंडिया मुख्य बातें

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Canadian Pacific Kansas City’s CEO saw compensation jump to $20-million after railway mergerCPKC’s five top officers including Creel earned $63.5-million overall in 2023 compared with less than half that amount the previous year
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