7. Donald Walker, CEO, Magna International: $14.8 million
7. Donald Walker, CEO, Magna International
2011 compensation: $14.8 million
Magna International, the Ontario-based auto parts giant, is the only company to have two CEOs, one current and one former, to appear on this list. Indeed, so generous is the company that it richly rewards bosses past and present, beginning here with Donald Walker, who took over as sole CEO in 2010*. Walker's 2011 salary, according to the Canadian Centre for Policy Alternatives, was only $307,106, but add in his bonus ($6.85 million), company shares ($3.43 million) and company options ($3.87 million) for a complete picture of his 2011 compensation package.
* Walker served as Magna co-CEO from 2005-2010.
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The one luxury that I would pay extra for when looking for a home:
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- An indoor swimming pool or hot tub
- Heated bathroom floors (no more cold feet!)
- A heated driveway … No more shovelling!
- A home cinema room
April 24 (Bloomberg) -- In today's "Movers & Shakers," Bloomberg's Betty Liu reports on Warren Buffett abstains from voting on proposal to give Coca-Co... More April 24 (Bloomberg) -- In today's "Movers & Shakers," Bloomberg's Betty Liu reports on Warren Buffett abstains from voting on proposal to give Coca-Cola employee stock options. She speaks on Bloomberg Television’s “In The Loop.” (Source: Bloomberg)
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