Re: SNC Lavalin CEO compensationHello and good evening Fortune Looooongs:
Hope this email finds you all well and self-isolating in reasonable comfort. I read this article from BNN related to Neil Bruce's compensation in 2019 being nearly $7 million dollars.
This after a 4 year stint that saw SP decrease by 42% and a huge political scandal / fallout.
https://www.bnnbloomberg.ca/former-snc-lavalin-ceo-took-home-7m-in-2019-for-5-months-of-work-1.1418723
This got me to thinking about what Robin Goads' compensation package would look like if he were to retire after leading FT to a SP collapse from $6 to $.06 cents! LOL He would probably get about $11 million or half the curent market cap of the company.
Okay, so who cares if we have 1.1 million ounces of gold - these days nobody is investing in anything so that ore is going to stay in the ground a very long time.
Still long because the only place to go is up!
A reminder to wear masks and socially distance yourself from others. This virus is fast moving and has devasting consequences for seniors.
Yellowknifer