Last week, we gave a number of reasons why it wasn't apt to justify BC Railway Co. president and chief executive officer Kevin Mahoney's $569,975 compensation package by comparing him to Canadian Pacific Railway Co. president and chief executive officer Fred Green. After all, Canadian Pacific, unlike BC Railway, is a functioning railway company with revenues 259 times higher than the Crown corporation. And here's another reason such a comparison is unwarranted: the corporation has 30 full-time equivalencies whereas Canadian Pacific has 15,382 or 513 times more. Fancy that!
July 21, 2008