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Telus CEO is paid in shares not cash

BusinessEdward Kiledjian
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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)

Lenovo CEO distributes his $3M bonus to employees

ManagementEdward Kiledjian

Most tech company CEOs are accustomed to receiving large multimillion dollar salaries just for showing up to work. In extreme cases, some CEOs have received huge paydays while their company tittered on the brink of bankruptcy and employees faced huge layoffs.

Imagine my surprise when I learned that Yang Yanqing, CEO of the very successful Lenovo, decided to breakup his $3M supplemental performance bonus into 10,000 small chunks and award it to his lower level employees (line workers, assistants, etc).

This is a fantastic show of loyalty to his employees.

 

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