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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by argentia77on Oct 04, 2016 6:29pm
100 Views
Post# 25309151

RE:RE: Mark Thompson's $8,927,963 compensation

RE:RE: Mark Thompson's $8,927,963 compensation
88guy88 wrote: So what!......All CEO s are overpaid and underworked.....thats nothing stunning.....getting to be a CEO is like winning the lottery no matter what company it is.....they basically do not have to do anything and in fact they can be awful stewards of the company and erode share value and still pick up hefty salaries and options in compensation.....nothing new here!


MONTREALApril 20, 2016 /CNW Telbec/ - Montrusco Bolton Investments (MBI) has reviewed the 2015 compensation of Concordia Healthcare Corp's executive team. Based on an ISS report and our in-house assessment, we are of the view that the total compensation of senior executives is exorbitant.

MBI agrees with ISS that the lack of transparency regarding how compensation is determined, combined with the CEO's exceedingly high annual increase in compensation, and other issues are serious matters for shareholders.

In addition, MBI is of the view that Concordia Healthcare Corp stock unit plans' vesting periods are too short and do not provide sufficient alignment between senior executives and long-term shareholders.

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