MONTREAL—Bombardier’s chief executive took a 27 per cent pay cut last year, the transportation giant said. Pierre Beaudoin’s total compensation in U.S. dollars was worth nearly US$6 million, compared with $8.2 million in 2011, according to a regulatory filing ahead…
Premier Dalton McGuinty has promised to review the performance pay system
The critical move has been long-awaited by industry watchers.
It was the company’s third straight year of profitability despite rising commodity costs and a big expansion in Asia.