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Bullboard - Stock Discussion Forum Algonquin Power & Utilities Corp T.AQN

Alternate Symbol(s):  AQN | T.AQN.PR.A | T.AQN.PR.D | AGQPF

Algonquin Power & Utilities Corp. is a Canada-based diversified international generation, transmission, and distribution company. The Company through its two business groups, the Regulated Services Group, and the Renewable Energy Group, provides sustainable energy and water solutions through its portfolio of electric generation, transmission, and distribution utility investments to over one... see more

TSX:AQN - Post Discussion

Algonquin Power & Utilities Corp > Nominations for incompetent CEO of the year award
View:
Post by BSdetector2016 on Dec 16, 2022 10:39am

Nominations for incompetent CEO of the year award

Any suggestions?
Comment by Nitehawk9 on Dec 16, 2022 11:00am
BSdetector216  you are 100%right. I am the one  with  open eyes  l do blame AQN CEO for AQN dropping of Cliff  ,he is the only one to be blame, he should be history and put in jail. 
Comment by pennydredful on Dec 16, 2022 11:12am
THE   CEO   has   a  termination  package  in place   for  10,000,000.00  $$$  so  you  could say  he  doesn,t  have   to worry   about  being overly competent  and   there  may  be circumstances  where  he   will   be  ...more  
Comment by pennydredful on Dec 16, 2022 11:22am
I should   add   these   are  likely   US   dollars   so    more  like 13,650,000.00  Cdn.    .  
Comment by BSdetector2016 on Dec 16, 2022 11:26am
Then fire for cause.
Comment by pennydredful on Dec 16, 2022 11:43am
This post has been removed in accordance with Community Policy
Comment by AlwaysLong683 on Dec 16, 2022 11:57am
Arun Banskota has been CEO of AQN since July 2020, so he's been at the helm for almost 2 1/2 years now and thus hard to avoid blame for what has transpired. Perhaps market confidence in the company could be restored quicker if he were to step down and a search for a new CEO was to take place. I suspect his annual total compensation is in the millions of dollars. plus whatever parting gift AQN ...more  
Comment by pennydredful on Dec 16, 2022 12:18pm
All  directors  and senior  officers  temination  amounts  are spelled out  in  the   last  information circular   that can be found  on   SEDAR . That   is  where    the figures   I  quoted  come from. In general  from  a shareholder  point of view  a ...more  
Comment by rusty777 on Dec 16, 2022 11:48am
I feel everyone's frustration.  Sadly most contracts ensure full terminarion pay whether is is for cause or not.   In reality mot of the Senior Management Team as well as a large percentage of the BoD are responsible for this fiasco and that would probably result in a termination payout of well into the many tens of millions of dollars.  Quite frankly, I doubt whether any ...more  
Comment by RayDonovan78 on Dec 16, 2022 12:07pm
Justin Trudeau ??
Comment by Karl63 on Dec 16, 2022 12:15pm
Couldn't agree more RD . . .
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