00:46:24 EDT Sat 18 May 2024
Enter Symbol
or Name
USA
CA



Canadian National Railway Company
Symbol CNR
Shares Issued 640,323,599
Close 2024-03-26 C$ 176.80
Market Cap C$ 113,209,212,303
Recent Sedar Documents

Globe/CP say CPKC CEO saw compensation jump to $20M

2024-03-26 07:44 ET - In the News

See In the News (C-CP) Canadian Pacific Kansas City Ltd

The Globe and Mail reports in its Tuesday, March 26, edition that the head of Canada's second-biggest railway enjoyed a big jump in compensation after an historic year for the company as it integrated a major acquisition. A Canadian Press dispatch to The Globe reports that financial filings from Canadian Pacific Kansas City show that chief executive officer Keith Creel's total compensation rose 38 per cent to $20.1-million last year. CPKC's five top officers including Mr. Creel earned $63.5-million overall in 2023 compared with less than half that amount the previous year. The boost enjoyed by the entire C-suite stemmed largely from share-based awards and cash bonuses after Calgary-based Canadian Pacific merged its operations with Kansas City Southern in April. At rival Canadian National Railway, total compensation for its six senior executives decreased 3 per cent to $29.6-million, mainly due to lower bonuses after the Montreal-based company fell short of performance targets. CN CEO Tracy Robinson's compensation nudged up by 2 per cent to $14-million, mainly due to the fact she joined as CEO two months into 2022, so she was not paid for a full year.

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