The compensation packages of Canada’s bank CEOs are heading higher than previously targeted thanks, in part, to growing stock options and equity incentives
Maureen Jensen, OSC chairwoman and CEO, heads the list with $642,782 in annual pay
The findings suggest that the labor market for CEO pay remains robust
The largest population of high-earning bankers was in the U.K. as British bankers account for more than 80% of the top earners, the EBA reports
The firm has agreed to pay a US$1.5-million penalty for failing to disclose benefits it paid on behalf of its former CEO, Miles Nadal
Variable compensation will be restricted severely in 2016 in the wake of a US$7.2-billion settlement with the U.S. Department of Justice
The average compensation of the Top 100 chief executives was $9.5 million in 2015
The inclusion of six financial metrics will provide clients a more robust analysis when gauging executive compensation
Gender diversity on corporate boards is slowly improving
Newer CEOs received the biggest raises