Handsome John Hits It Big!
"He's Rollin' In It!"


Congratulations, John. Mind you, this salary is pre-Genuity. Wishing you well for next year too!
As celebrated headhunter, Ma'tin Yate, once said, "Knock 'Em Dead!"
Title: CEO, CIBC
Base salary 2004: $1-million
- including a 100K increase; first since '99
Performance bonus 2004: $3-mill+
Restricted share awards 2004: $4.2-mill
Stock Options: 50,560
The Bank's Earnings 2004: $2.2-billion
Most Altrustic Action:
- In 2002, the bank suffered a 61% drop in profits
- Handsome Johnny turned down performance bonuses
& stock options!
- (So did Academy Award Nominee, David Kassie)
Other Prize Winners!

Base 2004: $1-mill
Restricted stock units: $3-mill
Performance Bonus: $1.6-mill deferred shares
Stock Options: 230,768 stock options.
Most Admirable Action
- led bank's best year: earnings of $2.9-bill, up 18% 2003.

- $3.2-mill in salary and bonuses in 2004
- Watch out Gordie! Royal's full-year profit declined for the first time since 1999
(from $3.01-bill. to $2.83)
See The Globe and Mail
See Also: GenuityGang Strikes Back -- CIBC Recruiting Scandal -- David Kassie, Kingpin -- David Kassie's Dream -- Dan Daviau -- Earl Rotman -- Kassie Defiant -- Phil Evershed -- Hirst, Morrison, Eggertson -- Marie Cordero -- Bad 4 Recruiters -- Sweet Marie -- The Kassie Cult -- Kassie Honoured -- Hunkin's Millions -- BlackBerry Got 'Em -- Kassie Family Hunted -- Blackberry Mystery Solved -- The Genuity Revolution -- Technorati Tag: Genuity
No comments:
Post a Comment