1. Articles from The Canadian Press

    1-4 of 4
    1. HBC Faces Shareholder Blowback Over Exec Pay

      HBC Faces Shareholder Blowback Over Exec Pay

      TORONTO -- Hudson's Bay Company faced a fight from some of its most prominent investors Tuesday over its decision to award executives with multi-million-dollar pay packages despite two years of weak sales and sizable losses for the retailer. The Ontario Teachers' Pension Plan, British Columbia Investment Management Corp. and the California Public Employees' Retirement System (CalPERS) said they voted against the company's remuneration practices that include a $54.8 million pay package for the retailer's executive chairman Richard Baker. The "say on pay" vote -- a non-binding motion that is growing in popularity at Canadian companies and aimed at ...

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    2. Activist Clearwater Capital Pushes for Strategic Review at AutoCanada

      Activist Clearwater Capital Pushes for Strategic Review at AutoCanada

      TORONTO - An activist investor wants AutoCanada Inc. to launch a strategic review to explore options for the auto dealership group including a possible sale. In an open letter to the chairman of AutoCanada, Clearwater Capital Management president Roland Keiper raised concerns about how the company has been performing and suggested AutoCanada may be an attractive acquisition target...

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    3. Bombardier Executive Pay Rises to US$33.4M in 2017

      Bombardier Executive Pay Rises to US$33.4M in 2017

      MONTREAL -- Bombardier's executive compensation rose seven per cent to US$33.4 million in 2017, according to a circular released ahead of the company's May 3 annual meeting. The increase comes after a year marked by improved results, but also by the Airbus takeover of the C Series program without the company having to pay a single cent...

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    4. 'It's insufficient': Bombardier CEO Asks Board to Defer Executive Pay Raises Amid Public Outcry

      'It's insufficient': Bombardier CEO Asks Board to Defer Executive Pay Raises Amid Public Outcry

      MONTREAL -- Bombardier further retreated Sunday on a hefty pay increase to six senior executives, announcing they would defer receiving payment on a sizeable chunk until a later time. A statement from company President and CEO Alain Bellemare late Sunday said he has asked the transportation giant's board of directors to defer more than half of the US$32.6 million the executives received in compensation in 2016 until 2020...

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    1-4 of 4
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    'It's insufficient': Bombardier CEO Asks Board to Defer Executive Pay Raises Amid Public Outcry Bombardier Executive Pay Rises to US$33.4M in 2017 Activist Clearwater Capital Pushes for Strategic Review at AutoCanada HBC Faces Shareholder Blowback Over Exec Pay Carl Icahn: Michael Dell Using 'Scare Tactics' on Dell Tracking Stock Holders 'I've decided to step down as CEO': Eddie Lampert sends email to Sears employees after the company files for bankruptcy (SHLD) Theratechnologies Appoints New Board Member Technology Executive Monte Ford Appointed To Iron Mountain Board Of Directors Why Did It Take an Activist So Long to Call Bt? Carl Icahn to Oppose Dell’s Purchase of DVMT Tracking Shares CEOs of JP Morgan, BlackRock, and Blackstone Pull Out of Saudi Conference A Drama CBS Can't Cancel -- the One in Its Boardroom