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Telus CEO is paid in shares not cash

BusinessEdward KiledjianComment

Nothing says confidence in oneself and ones company more than a CEO heavily compensated in company shares.  The President and CEO of Telus, Darren Entwistle,  will once again be paid in shares rather than cash (5th year in a row).

In a recent press release it states that Mr Entwistle is agreement to share only compensation because of his confidence in Telus' short, medium and long term performance. It also shows a clear alignment between his personal priorities and those of his Telus shareholders. 

I personally believe this is an incredible move and hope other CEO's will follow his example. If the company does well, you do well. If the company does poorly, you do poorly. This is a model that incentivizes the right behavior.

Telus Press Release (link)