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.
Have your say
Is now a good time to buy a house?
Thanks for being one of the first people to vote. Results will be available soon. Check for results
- Yes, prices will continue to rise.
- No, Canada is facing a housing bubble and prices will eventually fall.
- I don't know.
March 12 (Bloomberg) -- Bloomberg's reports on the five-alarm fire raging at a construction site in the Mission Bay area of San Francisco, near AT&T Pa... More March 12 (Bloomberg) -- Bloomberg's reports on the five-alarm fire raging at a construction site in the Mission Bay area of San Francisco, near AT&T Park. (Source: Bloomberg)
Date 1 hr ago, Duration 0:52, Views 11