TD Fall Investing GuideTD Fall Investing Guide
Updated: Wed, 09 Apr 2014 16:06:33 GMT | By The Canadian Press, thecanadianpress.com

WestJet CEO pay for 2013 down from 2012

CALGARY - WestJet (TSX:WJA) chief executive Gregg Saretsky earned nearly $3.2 million last year, down slightly from the nearly $3.5 million he earned in 2012, as the size of his bonus shrunk.


CALGARY - WestJet (TSX:WJA) chief executive Gregg Saretsky earned nearly $3.2 million last year, down slightly from the nearly $3.5 million he earned in 2012, as the size of his bonus shrunk.

According to regulatory documents filed ahead of airline's annual meeting, WestJet said Saretsky earned a salary of $567,700, share-based awards totalling more than $1.2 million, $454,160 in option-based awards, a cash bonus of $791,000 and $113,540 in other compensation for 2013.

That compared with a salary of $567,700, $1.1 million in share-based awards, $454,160 in option-based awards, a cash bonus of more than $1.2 million and $113,540 in other compensation for 2012.

WestJet earned $268.7 million or $2.03 per share on $3.66 billion in revenue in 2013.

That compared with a profit of $242.4 million or $1.78 per share on $3.43 billion in revenue in 2012.

Find the cheapest gas price near you!Find the cheapest gas price near you!
Scroll upScroll down

Recently recommended stories

advertisement