Bombardier Inc.'s (TSE:BBD.B) CEO Compensation, by Simply wa editorial-team@simplywallst.com (Simply Wall St)
Fri, Apr 19, 2024, 6:25 AM EDT
Key Insights
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Bombardier to hold its Annual General Meeting on 25th of April
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Total pay for CEO ric Martel includes US$883.5k salary
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Total compensation is similar to the industry average
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Bombardier's EPS grew by 94% over the past three years while total shareholder return over the past three years was 152%
It would be hard to discount the role that CEO ric Martel has played in delivering the impressive results at Bombardier Inc. (TSE:BBD.B) recently. The pleasing results would be something shareholders would keep in mind at the upcoming AGM on 25th of April. This would also be a chance for them to hear the board review the financial results, discuss future company strategy and vote on any resolutions such as executive remuneration. In light of the great performance, we discuss the case why we think CEO compensation is not excessive.
How Does Total Compensation For ric Martel Compare With Other Companies In The Industry?
Our data indicates that Bombardier Inc. has a market capitalization of CA$5.5b, and total annual CEO compensation was reported as US$6.5m for the year to December 2023. That is, the compensation was roughly the same as last year. While we always look at total compensation first, our analysis shows that the salary component is less, at US$884k.
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