Canadian Pacific Kansas City’s CEO saw compensation jump to $20-million after railway merger

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

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.show that CEO Keith Creel’s total compensation rose 38 per cent to $20.1-million last year.

. The boost enjoyed by the entire C-suite stemmed largely from share-based awards and cash bonuses after Calgary-based Canadian Pacific merged its operations with Kansas City Southern in April., total compensation for its six senior executives decreased three per cent to $29.6-million, mainly due to lower bonuses after the Montreal-based company fell short of performance targets.

CEO Tracy Robinson’s compensation nudged up by two per cent to $14.0-million, mainly due to the fact she joined as CEO two months into 2022, so she was not paid for a full year.Study and track financial data on any traded entity: click to open the full quote page. Data updated as of

 

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