TELUS cuts pay of CEO & Executives

darren-entwistleEarlier this week we heard Motorola CEO Sanjay Jha took a full 2008 compensation package of $104 million. However on this side of the pond,  TELUS partially met company goals and this resulted in CEO Darren Entwistle and other senior management to take a pay cut.

Darren Entwistle dropped 18% to $6.9-million from $8.4-million in 2007, his base salary remained unchanged at $1.2-million. Robert McFarlane, EVP & CFO took a 23% to $1.8-million from $2.3-million.

Source: Globe