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Mon, 07 Jan 2013 10:30:00 GMT | By Jason Buckland, MSN Money
Canada's highest-paid CEOs

10. Peter Marrone, CEO, Yamana Gold: $12.4 million



Yamana Gold Inc's chairman and chief executive Peter Marrone on May 4, 2011. (© Luke MacGregor/Reuters)
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  • Peter Marrone, CEO, Yamana Gold; Frank Stronach, (former) CEO, Magna International; Gerald Schwartz, CEO, Onex Corp. (© Luke MacGregor/Reuters; Leonhard Foeger/Reuters; Mark Blinch/Reuters)
  • Yamana Gold Inc's chairman and chief executive Peter Marrone on May 4, 2011. (© Luke MacGregor/Reuters)
  • Former Ivanhoe Mines chairman and CEO Robert Friedland on Feb. 8, 2012. (© Mike Hutchings/Reuters)
  • Onex chairman of the board, president, and chief executive officer Gerald Schwartz on May 6, 2010. (© Mark Blinch/Reuters)
  • Chief executive officer for Magna International Inc. Donald Walker on May 10, 2012. (© Fred Thornhill/Reuters)
  • Rick George, president and CEO of Suncor Energy, on March 25, 2011. (© Mike Sturk/Reuters)
  • Ned Goodman of Dundee Corp in Toronto, Ont., on June 1, 2005. (© Kevin Van Paassen/The Globe and Mail)
  • Brad Shaw, CEO of Shaw Communications, on Jan. 12, 2012. (© Jeff McIntosh/The Canadian Press)
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10. Peter Marrone,CEO, Yamana Gold

2011 compensation: $12.4 million

Yamana Gold's CEO is a fixture on these Canadian Centre for Policy Alternatives lists, popping up year-after-year as one of the country's best-compensated execs. But Peter Marrone is also like many other Canadian CEOs, in that the bulk of his compensation is not from his salary. Marrone earned only $1.29 million of his 2011 pay package as salary; the majority came in the form of a bonus ($4.31 million), company shares ($5.63 million) and pension credit ($1.09 million).

* Video: Behind the Canadian Centre for Policy Alternatives' report

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