TSX:CHE.DB.E - Post by User
Post by
Khersonon Apr 05, 2024 3:57pm
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Post# 35973736
TimeBuilder1 The two Emily's...
TimeBuilder1 The two Emily's...First of all Timebuilder1, thanks for reading my post. You may be a tad confused though. My post was about Emily Powers, a former executive member of the trust, whereas the Emily that you mention is Emily Moore, who is indeed a Trustee.
Personally, I have no opinion concerning the worthiness of any of the Trustees, but the Executive Incentive Compensation Plan, Long Term and especially Annual are outright criminal for Unitholders!
What should be upsetting for anyone with a background in the ESG side of any business is the fact that the Chemtrade executives are getting about 140% payout on their Individual Annual Incentive awards which ESG performance is a part of that criteria!
So if we take a look at Tim Montgomery's Annual Incentive Compensation (Individual) for 2023 from page 31 of the MIC, we see that he received a score of 138%! Part of that score is based on the statement "Best safety performance in the history of the Chemtrade"
Sadly, I guess that Chemtrade and Tim forgot that he had to issue a news release on June 08, 2023 concerning the contractor fatality at Chemtrade's Fort McMurray site!
Kherson