In 2023, Keith Creel, the CEO of CPKC, earned a total compensation of $20 million. This comprehensive figure includes various components beyond his base salary.
CPKC CEO's Compensation Breakdown
Keith Creel's compensation package for 2023 was structured to reflect his leadership and the company's performance. His earnings are made up of several key elements:
- Base Annual Salary: This is the fixed portion of his compensation.
- Share-based and Option-based Awards: These are incentives tied to the company's stock performance, aligning the CEO's interests with those of shareholders.
- CPKC's Annual Incentive Plan: This component is typically performance-based, rewarding the achievement of specific company goals.
- Pension Values: Contributions and accrued value from his pension plan.
- All Other Compensation: This category includes various other benefits and allowances.
To provide a clearer picture, here is a summary of the known compensation details:
| Compensation Component | 2023 Amount |
|---|---|
| Total Compensation | $20 million |
| Base Annual Salary | $1.8 million |
| Other Variable Components | $18.2 million* |
*This figure represents the difference between total compensation and base salary, encompassing share-based and option-based awards, annual incentive plan, pension values, and all other compensation.
For more detailed information on CPKC CEO's compensation, you can refer to reports from Calgary Herald.
