I'm
still waiting for his first promise to be fulfilled. Firing the ceo and board
of Hydro One. "First thing I will do if elected (Hey dude you were) is
fire the overpaid CEO and board of Hydro One". Key word there being
"first". He will. The legislation needs to be sitting in order to
make it happen.
And loving that he is keeping his promises and actually doing something. Unlike many who just talk. He can't just fire him. The guy can only be voted out. So Ford can spend a whole load of money (your taxes at work) to pay to replace the board of directors who are in charge of voting the CEO in or out so that the board will vote the way he wants, or he can bail on a promise.
Yet another example of the Ford platform. Hilarious how so many of you fell for those dollar beers and this bit of bs. And if he is successful in firing the CEO, I'm positive he'll replace him with one of his friends and give him a salary of $5 million and boast about how he just saved the little guy a million bucks. LOL. Tom, Doug Ford has no power to fire the CEO. Only the board of directors do. What Ford can do, is fire the entire Board of Directors (all of which *ALSO* no doubt have severance packages for wrongful termination), then the shareholders will elect a new board. Which may or may not agree with Ford.
If they don't, he has to repeat the process all over again.
Look: if you want to control the CEO and the board? Buy back Hydro One and make it a full crown corporation again.
Happy with it being privatized (either in part or in full)? Then you let them run their business, and they'll pay their CEO whatever they want.
Available here: Premier Wuz Here Shirt
Review Premier Wuz Here Tee
Personally, I was never in favour of privatization, and I support buying back Hydro One. Yes it'll cost us to fix that mistake, but in the long run it's the right thing to do for our province. The average U.S. utility company CEO made about $5.8 million last year, according to a sample of 54 electric power utilities conducted by SNL Energy. This is roughly an $800,000 increase over SNL’s numbers in 2013. Of the companies sampled, 40 of them saw jumps in CEO pay and 14 saw less compensation than in the prior year.
1. Dominion’s Thomas Farrell II, $17,326,642.
2. Exelon Corp.’s Christopher Crane, $12,558,844
10. DTE Energy Co.’s Gerard Anderson, $9,658,604. The No One Is Illegal On Stolen Land Shirtof Hydro One made a base salary of $800,000 in his first year and $1.2 million in his second year.
The rest was bonuses attached to performance.
He made improvements that made/saved $114 million. Doug Fraud will rack up more debt over four years than the NDP or Liberals according to economists Drummond and Moffat. Tax cuts for rich friends of the Conservative Party are going to cost us. Ford will keep Wynne's Hydro One privatization mess going. Ontarians will continue paying highest light bills in the country. If the Board of Directors refuse to vote the CEO out , will they be fired? Can they be? If yes, how many more millions could this cost us? Barry Perry, Fortis Inc: $9,253,297
Fortis owns utilities providers in Canada, the U.S., and the Caribbean, and is Canada’s largest utility provider by market cap.
Christopher Huskilson, Emera Inc: $5,761,942
Halifax, Nova Scotia, Canada.
Huskilson has since been replaced by Scott Balfour, former chief operating officer and chief financial officer of Emera as CEO and president of the company.
John Brace, Northland Power Inc: $3,672,981
Toronto, ON
Brace’s 2017 earnings as CEO for the clean energy developer was more than double his 2015 earnings of about $1.6 million.
Ian Robertson, Algonquin Power and Utilities Corp: $2,890,000
The company recently acquired a 25 per cent equity interest in U.K.-based company Atlantica Yield, which owns assets in power generations, renewable energy and electric transmission.
Brian Vaasjo, Capital Power Corp: $2,885,838
The Alberta-based company’s facilities run on a number of different Lebron James Ultimate Warrior T Shirt, such as natural gas, wind, and coal. The province aims to have coal-powered plants phased out by 2030.
Nancy Southern, Canadian Utilities Ltd: $2,284,767
Southern is also CEO of Atco Ltd, the holding company for Canadian Utilities Ltd, and her combined earnings came to about $3.5 million.
South of the border, CEO compensation packages are even higher for American investor-owned utility companies. In 2016, the top five highest paid CEOs each earned over $15 million, over double Schmidt’s earnings, according to company filings.
Debra Reed of Sempra Energy was the U.S.’s highest paid utility CEO with $18,806,408, with James Robo of NextEra Energy and Thomas Fanning of Southern Co. earning $16,758,771 and $15,829,652, respectively.
See more: https://photoxtee.com/
And loving that he is keeping his promises and actually doing something. Unlike many who just talk. He can't just fire him. The guy can only be voted out. So Ford can spend a whole load of money (your taxes at work) to pay to replace the board of directors who are in charge of voting the CEO in or out so that the board will vote the way he wants, or he can bail on a promise.
Yet another example of the Ford platform. Hilarious how so many of you fell for those dollar beers and this bit of bs. And if he is successful in firing the CEO, I'm positive he'll replace him with one of his friends and give him a salary of $5 million and boast about how he just saved the little guy a million bucks. LOL. Tom, Doug Ford has no power to fire the CEO. Only the board of directors do. What Ford can do, is fire the entire Board of Directors (all of which *ALSO* no doubt have severance packages for wrongful termination), then the shareholders will elect a new board. Which may or may not agree with Ford.
If they don't, he has to repeat the process all over again.
Look: if you want to control the CEO and the board? Buy back Hydro One and make it a full crown corporation again.
Happy with it being privatized (either in part or in full)? Then you let them run their business, and they'll pay their CEO whatever they want.
Available here: Premier Wuz Here Shirt
Review Premier Wuz Here Tee
Personally, I was never in favour of privatization, and I support buying back Hydro One. Yes it'll cost us to fix that mistake, but in the long run it's the right thing to do for our province. The average U.S. utility company CEO made about $5.8 million last year, according to a sample of 54 electric power utilities conducted by SNL Energy. This is roughly an $800,000 increase over SNL’s numbers in 2013. Of the companies sampled, 40 of them saw jumps in CEO pay and 14 saw less compensation than in the prior year.
1. Dominion’s Thomas Farrell II, $17,326,642.
2. Exelon Corp.’s Christopher Crane, $12,558,844
10. DTE Energy Co.’s Gerard Anderson, $9,658,604. The No One Is Illegal On Stolen Land Shirtof Hydro One made a base salary of $800,000 in his first year and $1.2 million in his second year.
The rest was bonuses attached to performance.
He made improvements that made/saved $114 million. Doug Fraud will rack up more debt over four years than the NDP or Liberals according to economists Drummond and Moffat. Tax cuts for rich friends of the Conservative Party are going to cost us. Ford will keep Wynne's Hydro One privatization mess going. Ontarians will continue paying highest light bills in the country. If the Board of Directors refuse to vote the CEO out , will they be fired? Can they be? If yes, how many more millions could this cost us? Barry Perry, Fortis Inc: $9,253,297
Fortis owns utilities providers in Canada, the U.S., and the Caribbean, and is Canada’s largest utility provider by market cap.
Christopher Huskilson, Emera Inc: $5,761,942
Halifax, Nova Scotia, Canada.
Huskilson has since been replaced by Scott Balfour, former chief operating officer and chief financial officer of Emera as CEO and president of the company.
John Brace, Northland Power Inc: $3,672,981
Toronto, ON
Brace’s 2017 earnings as CEO for the clean energy developer was more than double his 2015 earnings of about $1.6 million.
Ian Robertson, Algonquin Power and Utilities Corp: $2,890,000
The company recently acquired a 25 per cent equity interest in U.K.-based company Atlantica Yield, which owns assets in power generations, renewable energy and electric transmission.
Brian Vaasjo, Capital Power Corp: $2,885,838
The Alberta-based company’s facilities run on a number of different Lebron James Ultimate Warrior T Shirt, such as natural gas, wind, and coal. The province aims to have coal-powered plants phased out by 2030.
Nancy Southern, Canadian Utilities Ltd: $2,284,767
Southern is also CEO of Atco Ltd, the holding company for Canadian Utilities Ltd, and her combined earnings came to about $3.5 million.
South of the border, CEO compensation packages are even higher for American investor-owned utility companies. In 2016, the top five highest paid CEOs each earned over $15 million, over double Schmidt’s earnings, according to company filings.
Debra Reed of Sempra Energy was the U.S.’s highest paid utility CEO with $18,806,408, with James Robo of NextEra Energy and Thomas Fanning of Southern Co. earning $16,758,771 and $15,829,652, respectively.
See more: https://photoxtee.com/
Comments
Post a Comment