CPKC's Creel sees compensation jump to $20 million after railway merger [BNN Bloomberg (Canada)]
Canadian National Railway Company (CNI)
Last canadian national railway company earnings: 4/27 04:01 pm
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Source: BNN Bloomberg
Financial filings from Canadian Pacific Kansas City Ltd. show that CEO Keith Creel's total compensation rose 38 per cent to $20.1 million last year. CPKC's five top officers including 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 Co., total compensation for its six senior executives decreased three per cent to $29.6 million, mainly due to lower bonuses after the Montreal-based company fell short of performance targets. CEO Tracy Robinson's compensation nudged up by two per cent to $14.0 million, mainly due to the fact she joined as CEO two months into 2022, so she was not paid for a full year. This report by The Canadian Press was first published March 25, 2024 Related
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CNI
Earnings
- 4/23/24 - Beat
CNI
Sec Filings
- 4/26/24 - Form 6-K
- 4/26/24 - Form 6-K
- 4/23/24 - Form 6-K
- CNI's page on the SEC website