News

TELUS cuts pay of CEO & Executives

Apr 9, 20099:36 AM EDT |

darren-entwistle Earlier 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

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