Shareholder proxy adviser recommends a ‘no' vote on Telus compensation as CEO pay tops $21-million [Globe and Mail, The (Toronto, Canada)]
TELUS International (Cda) Inc. Subordinate Voting Shares (TIXT)
Company Research
Source: Globe and Mail, The
Telus T-T paid Mr. Entwistle $21.06-million in 2023, up from $17.49-million in 2022 and $19.82-million in 2021. Glass Lewis & Co., in its advisory report to shareholders in advance of Telus's May 9 annual meeting, recommended a “no” vote on the company's non-binding advisory vote on executive compensation, otherwise known as “say on pay.” Glass Lewis also gave Telus a “D” grade in its pay-for-performance model. Mr. Entwistle's 2023 pay package included a $1.6-million salary and a $1.32-million cash bonus, plus pension and other benefits. The biggest part of the package was $16.81-million in stock awards – up nearly $2.4-million from 2022. The CEOs of the two other large telecoms made less than $14-million in 2023. Rogers Communications Inc. RCI-B-T CEO Tony Staffieri received just $12.98-million after making $31.52-million in 2022, his first full year in the role, owing to a number of one-time compensation items linked to his promotion to the top job and the company's acquisi
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TIXT
Earnings
- 5/9/24 - Beat
TIXT
Sec Filings
- 5/9/24 - Form 6-K
- 5/9/24 - Form 6-K
- 4/15/24 - Form 6-K
- TIXT's page on the SEC website