The report, called "Another Year in Paradise: CEO Pay in 2020," reviewed the earnings of . Customer Services & Support Based on 258 salaries Customer Service Agent 37 salaries CSA - Customer Service Associate 18 salaries Business Based on 108 salaries Manager 30 salaries Director 14 salaries Sales 18 of country's highest paid CEOs work for Calgary-based companies | CBC News Loaded. Asim Ghosh of Husky Energy Inc.: $5.1 million. Advertised prices, taxes and fees may fluctuate based on exchange rate. Charles Magroof Agrium Inc.: $10.4 million. I think part of it is that executive compensation, more than ever, is under the microscope . Advertised prices, taxes and fees may fluctuate based on exchange rate. "I've been tracking CEO pay in Canada for 10 years and nothing has changed," Mackenzie said in a release. CEOs who are taking tough decisions at these times, if they approach employees requesting they take furloughs or saying they will reduce the workforce by 20 or 30 per cent, they have to demonstrate that they themselves are making sacrifices, Srivastava said. He joined the Lufthansa Group in 2005 as head of strategy and investment management for the airline. The report found the average earnings of Canada's corporate top 100 increased by 178 per cent between 1998 and 2015, reaching a record high of $9.5 million. With her large portfolio of air cargo experience and more than 15 years in the airline industry, de Bruijn joins WestJet Cargo most recently from Qatar Airways, where she served as Senior Vice President Cargo Sales and Network Planning. Prices may not reflect real-time pricing or availability. $40,277 / yr. Angelas international experience includes an appointment to the United Nations Compensation Commission where she worked in Geneva, Switzerland to prepare and present war reparations claims to an international court. With the WestJet transaction closing in December 2019 and the pandemic hitting Canada in February the following year, we had only a few weeks between closing and the onset of the pandemic and its hard to overstate the importance of Eds leadership through this exceptionally challenging period. From there, ran various integration projects; became head of commercial at the airline's biggest hub in Frankfurt, before becoming CCO of Lufthansa Cargo AG. In his free time, Chris also follows his passion for aviation, flying everything with wings, from floatplanes in the Canadian North to bush-planes in the South African bushveld. Alexis began his role as Chief Executive Officer, WestJet in February of 2022. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $847,000 to $2,044,600 with the average total cash compensation of $1,313,900. Led the organization through the largest private equity deal in aviation history with the purchase of WestJet by Onex. "In the absence of corporate leadership, it falls to government to bring in laws to put a cap on the incentives fuelling soaring CEO compensation packages.". The WestJet Group today announced that Alexis von Hoensbroech will be appointed Chief Executive Officer (CEO) of the WestJet Group. Bob was welcomed back to Swoop, WestJets ultra-low-cost carrier, as President on April 18, 2022. WestJet. westjet ceo salary. WestJet Group announces retirement of Chief Financial Officer Harry Taylor, Jennifer Bue to step in as interim Chief Financial Officer, Flight interruptions and passenger rights. Arden Dalik, senior partner in the Calgary office of human capital management firm Global Governance Advisors, said while its not unusual to see CEOs take salary cuts during a major economic downturn or market collapse, the swiftness with which the announcements are coming this time around is noteworthy. Following the acquisition of Carlson Marketing by Canadas Aimia (Aeroplan) in late 2009, Karl re-located to Singapore to oversee the development of Aimia's business in Asia. average salary for a CEO-Founder is $125,212 per year in Canada. The highest-paying job at WestJet is a Director with a salary of $171,535 per year. The browser you are using is not supported. . In this role, Angela was responsible for legal, business development, human resources as well as marketing and transportation. In addition, Alexis was instrumental in successfully leading the company through the COVID-19 crisis. At Cenovus Energy Inc. which has said it will reduce its planned 2020 capital spending by $600 million as a result of unprecedented low commodity prices salaries have been rolled back across the company. We apologize, but this video has failed to load. Under his leadership the business grew significantly before being purchased for profit in late 2019. Were extremely pleased to welcome Alexis to our team and into WestJets remarkable culture, said Chris Burley, Chairman of WestJets board of directors. WestJet employees rate the overall compensation and benefits package 3.3/5 stars. In four years with WestJet, Mr. Sims was responsible for the successful introduction of the companys Boeing 787 long-haul aircraft, the launch of two new airline ventures, the significant expansion of WestJets international network, as well as the continued growth of WestJet Vacations, WestJet Cargo and the WestJet Rewards program. Am I entitled to any compensation other than being rebooked? Total Pay Average.css-1f2j16u{cursor:pointer;width:24px;height:24px;}. Effective May 1, CEO Alex Pourbaix (who took in $6.6 million in total compensation in 2018) will have his annual base salary reduced by 25 per cent, while other executive team members will take a 15 per cent base salary reduction. This includes the deployment of the airlines fleet of more than 180 aircraft across its growing global network to align with WestJets long-term strategy. Foster will join WestJets executive leadership on January 9, 2023. $43,491 / yr. Bilingual Customer Service Representative salaries - 1 salaries reported. Thank you for your feedback. 1994. Am I entitled to any compensation other than being rebooked? $49,717 / yr. The board of directors of WestJet has commenced a search for a new Chief Executive Officer. Diederik holds a Master of Business Administration (MBA) in Business Economics from the University of Amsterdam. 2023 Calgary Herald, a division of Postmedia Network Inc. All rights reserved. The typical WestJet Director salary is $165,767 per year. Moving forward, he will continue in a senior advisory role with Onex Partners focused on aerospace and aviation. Seasonal start and end dates apply and are indicated in the booking flow. Employees also rated WestJet 3.2 out of 5 for work life balance, 3.6 for culture and values and 3.4 for career opportunities. "My time with WestJet has been an absolute career highlight and a privilege in my 35 years in the travel and aviation industries," said Ed Sims, WestJet President and CEO. I want to thank Ed for his contributions to WestJets strategy and growth initiatives over the past four years, said Chris Burley, Chairman of WestJets board of directors. Before joining WestJet, John was Executive Vice-President, Route Development at InterVISTAS Consulting. Russell Girling of TransCanada Corp.:$8.7 million. I am pretty pissed. He earned a base salary of $2.8 million, a $6-million bonus, plus shares, options and other perks worth another $11.1 million. Steven Williams of Suncor Energy Inc.: $12.2 million. A free inside look at company reviews and salaries posted anonymously by employees. But the good ones want to show their employees and shareholders that look, were hurting too. Its a way of getting across the message that were all in this together. . Seats at these fares are limited and may not be available on all flights. Gavin Young/Postmedia. Alexis understands WestJets low-cost roots and the importance of cost competitiveness in our vision for the future. This estimate is based upon 15 WestJet Director salary report(s) provided by employees or estimated based upon statistical methods. Seats at these fares are limited and may not be available on all flights. Average WestJet Airlines hourly pay ranges from approximately $9.25 per hour for Passenger Service Agent to $19.40 per hour for Customer Service Representative. As we forge ahead, the more than 8,500 WestJet and Swoop employees have shown admirable tenacity and determination over the last two years. Similar Job Titles: By using the WestJet website, you agree to the website terms of use, the privacy policy, and the use of cookies. The airline cancelled all orders for 787 Dreamliners, leaving its wide-body fleet at seven, while announcing a focus on narrow-body aircraft . CEO-Founder salaries at WestJet can range from $60,659-$66,103. We have enabled email notificationsyou will now receive an email if you receive a reply to your comment, there is an update to a comment thread you follow or if a user you follow comments. Please see our supported browsers. Joined WestJet in 2017, became President and CEO in 2018, taking the company from its first quarterly loss in 52-consecutive quarters in Q2, to a position of sustained and significant profitability. Previous roles within the Lufthansa Group included Chief Commercial Officer of Lufthansa Cargo AG, head of commercial at the airline's biggest hub in Frankfurt,and head of strategy and investment management for the Lufthansa airline. See all CEO-Founder salaries to learn how this stacks up in the market. 2009 dallas cowboys roster; WestJet looking for new CEO after announcing retirement of . Resolve to budget now for next Christmas, Calgary credit counsellor advises, CBC's Journalistic Standards and Practices. The browser you are using is not supported. $80,325 / yr. Rich Kruger of Imperial Oil Inc.: $9.0 million. Flight interruptions and passenger rights. By using the WestJet website, you agree to the website terms of use, the privacy policy, and the use of cookies. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. Under de Bruijns leadership, she will be instrumental in building the airlines dedicated cargo capabilities and service offerings, while growing a high-performing cargo organization capable of succeeding within a rapidly evolving market. The initiative by WestJet is along the same lines as one launched by IATA almost half a year ago. Saretsky joined the company in 2009 as vice-president of WestJet Vacations, and later that year became executive vice president of operations. Steve Laut of Canadian Natural Resources: $5.1 million. The WestJet Group today announced that Alexis von Hoensbroech will be appointed Chief Executive Officer (CEO) of the WestJet Group. This estimate is based upon 1 WestJet CEO-Founder salary report(s) provided by employees or estimated based upon statistical methods. My special thanks go to the remarkable group of people who call themselves WestJetters for everything they have achieved., Ed was a critical part of Onex investment in WestJet, said Tawfiq Popatia, a WestJet board member and Senior Managing Director at Onex. Read what they think about their salaries on our Compensation FAQ page for , Bilingual Customer Service Representative, Customer Service Agent salaries - 1 salaries reported, Airline Pilot salaries - 1 salaries reported, Construction Manager salaries - 1 salaries reported, International Flight Attendant salaries - 1 salaries reported, Flight Attendant salaries - 1 salaries reported, Bilingual Customer Service Representative salaries - 1 salaries reported, Recipe Developer/Food Stylist salaries - 1 salaries reported, The Ultimate Job Interview Preparation Guide. Prior to joining WestJet, Bob spent more than 13 years in leadership positions in the utility and telecom markets. In addition, Chris leads the delivery and evolution of WestJets digital products including, WestJets website and guest apps, and direction of all major projects through the airlines Group Project Management Office. Before joining WestJet, Harry spent more than 20 years in retail and consumer packaged goods. WestJet CEO Ed Sims to retire. This estimate is based upon 1 WestJet CEO-Founder salary report(s) provided by employees or estimated based upon statistical methods. But while cutting a CEOs salary may have very little effect on a companys ability to financially weather these difficult times, it is an important symbolic move, he said. When factoring in bonuses and additional compensation, a Director at WestJet can . It was delayed to 9:15PM EST and finally cancelled. Other Calgary-based CEOs who have said they will take pay cuts include Badger Daylightings Paul Vanderberg, who will take a 40 per cent salary reduction, and Parkland Fuel Corp.s Bob Espey, who will take a 35 per cent salary reduction. CEO-Founder salaries at WestJet can range from $29-$31. Harry earned a Bachelor of Commerce degree from Trinity College, University of Toronto in 1983, a Chartered Accountant designation from the Institute of Chartered Accountants of Ontario in 1985 and a Master of Business Administration from the University of Western Ontario in 1988. Together we will emerge from the pandemic stronger, and I am excited to work alongside this incredible group, as we take WestJet and Swoop to new heights.. How much do WestJet employees make? Diederik joined WestJet in October of 2021 as Group Executive Vice-President and Chief Operating Officer. With two children in New Zealand, I am prioritizing the needs of family who I will not have seen in two years. The lowest-paying job at WestJet is a Flight Attendant Bilingual with a salary of $35,150 per year. See if they're hiring! Prior to joining WestJet, Alexis spent 16 years at the Lufthansa Group, his last role being the CEO and CFO of Austrian Airlines where, during his three-and-a-half-year tenure, he restructured the airline and its network to compete with ultra-low-cost-carrier (ULCC) competition in Austria. Try our online self-serve tools and skip the wait. Scott Saxberg of Crescent Point Energy Corp.: $8.8 million. A growing number of Calgary CEOs are responding to the dual crises of COVID-19 and the sharp drop in oil prices by taking a pay cut. Box 500 Station A Toronto, ON Canada, M5W 1E6. We are grateful for Harry's dedication and continued leadership as he returns to his permanent role as WestJet Executive Vice-President and Chief Financial Officer (CFO).. John has more than 20 years experience in the aviation industry and joined WestJet in 2013 as Director, Network and Schedule Planning. WestJet, which has been hard hit by COVID-19 and the resulting drop in travel demand, served notices of voluntary or involuntary leaves to 6,900 people (50 per cent of its total workforce) in late March, though it has since said it will be able to use the federal governments wage subsidy program to recall these employees. The average WestJet hourly pay ranges from approximately $15 per hour for a Guest Service Ambassador to $66 per hour for a Pilot. Read more about cookies here. How accurate does CA$29 - CA$31 look to you. WestJet employees attributed a compensation and benefits rating of 3.3/5 stars to their company. .css-jiegi{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does CA$29 - CA$31 look to you? Previously, Diederik held leadership roles at Martinair Holland and Virgin Blue Airlines in Australia. This estimate is based upon 14 WestJet Director salary report (s) provided by employees or estimated based upon statistical methods. WestJet Operations Update Guest information for cancelled flights, Helpful information for guests impacted by extreme weather conditions across Canada, WestJet announces Tanya Foster as Chief Information Officer. Glassdoor has millions of jobs plus salary information, company reviews, and interview questions from people on the inside making it easy to find a job thats right for you. This is due to changes made by the Canadian government as it revamps the way it supports businesses during this global health crisis. All rights reserved. It gives me great pleasure, following our global search, to welcome Alexis to the WestJet Group as CEO. Harry has led the airlines inaugural U.S. bond issue, negotiated the purchase of the Boeing 787 Dreamliner, and was instrumental in the sale of WestJet to ONEX. Executive compensation at publicly traded companies is voted on and approved by shareholders each year at annual general meetings. Try our online self-serve tools and skip the wait. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. Canada's highest-paid chief executive officers (CEOs) were paid an average of $10.9 million in 2020, according to a new report from independent think tank Canadian Centre for Policy Alternatives (CCPA). WestJet is a remarkable success story, bringing affordable air travel to millions of Canadians. Copyright 20082023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. { "name": "Native_infosite_salary_detail_fluid_en-CA","id": "div-AdSlot-ld2e8gfk", "fluid": true }, average salary for a Director is $134,774 per year in Canada. Check out the latest WestJet Jobs & Careers. Less than a year later, he was appointed CEO. After obtaining a doctorate in physics, von Hoensbroech, 51, spent his early career at the management consultancy company, The Boston Consulting Group, in Munich and Tokyo, with clients primarily from the aviation industry. In 2006, he was promoted to President of the Asia Pacific region. WestJet. Kevin A. Neveu of Precision Drilling Corp.: $4.3 million. Responsible for the safety and daily operations of the WestJet Group, Diederik oversees flight operations, inflight, airports, technical operations, general operations, crew resources and training. We encountered an issue signing you up. See all CEO-Founder salaries to learn how this stacks up in the market. Christian (Chris) joined WestJet in August of 2022 as Chief Digital Officer. The average estimated annual salary, including base and bonus, at WestJet is $129,369, or $62 per hour, while the estimated median salary is $130,612, or $62 per hour. The second-largest carrier in Canada, WestJet Airlines, has informed its employees that receive government wage subsidies that their pay could be reduced by 53% beginning September 27th. what is commonly misdiagnosed as pink eye. During his time there he held responsibility for management of the firms air service development practice, leading strategic projects for airport, government and tourism clients in Europe, Asia, the Middle East, Africa and North America. Westjet just cancelled my 8PM EST flight from Toronto to New York. Salary information comes from 9 data . Get Contact Info for All Departments. The highest paid boss of a Calgary-based company was Hunter Harrison, who pocketed $19.9 million as CEO of Canadian Pacific Railway. I am pretty pissed. Seasonal start and end dates apply and are indicated in the booking flow. - The average WestJet executive compensation is $237,478 a year.The median estimated compensation for executives at WestJet including base salary and bonus is $235,832, or $113 per hour. We'll redirect you to the home page of the country/region site you choose. Glassdoor has millions of jobs plus salary information, company reviews, and interview questions from people on the inside making it easy to find a job thats right for you. Responsible for the digital transformation of the WestJet Group with a focus on enhancing operational efficiency as well as the employee and guest experience, Chris leads WestJets digital roadmap, data science, advanced analytics, and business intelligence agenda. {external-icon} Indicates external site which may or may not meet accessibility guidelines and/or be translated. With more than 25 years of aviation-industry experience in the Asia-Pacific and European regions, Diederik joined WestJet from Wizz Air, a fast-growing, ultra-low-cost business, where he held the position of Executive Vice-President and Group Chief Operations Officer. Executive team at WestJet can range from $ -. Economist Hugh Mackenzie, who wrote the report for CCPA, says something needs to be done to put a lid on soaring CEO compensation packages. 365 Bloor Street East, Toronto, Ontario, M4W 3L4. The WestJet management team includes Ed Sims (Chief Executive Officer), Chris Avery (Vice President, Commercial Strategy), and Gandeephan Ganeshalingam (Chief Innovation Officer - Ge Canada) . WestJet Group Executive Vice-President and Chief People, Corporate & Sustainability Officer. Harry began his career in professional services, serving clients for McKinsey & Company for five years and Ernst & Young for three years. Prior to accepting this role, von Hoensbroech served as CEO of Austrian Airlines, starting in 2018, where he led the airline through the COVID-19 crisis, significantly strengthening its competitiveness during a difficult period. The report shows Canada's 100 highest paid CEOs on the TSX index now make 193 times more than someone earning an average income of $49,501. He holds a Bachelor of Commerce Degree from University College Dublin in 1984. Last updated months ago. Article content WestJet president and CEO Ed Sims, left, and Tawfiq Popatia, a managing director at Onex, stand next to one of the engines of a Boeing 787 Dreamliner in a WestJet hanger on Monday . .css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. Karl has also served as the Managing Director of Carlson Marketing Group Australia and New Zealand based in Sydney between 2001 and 2006. Harry successfully led and stabilized the WestJet Group through a challenging holiday season in the face of the unpredictable impact of the Omicron variant. Many CEOs are taking cuts to their base salary only. Harry joined WestJet as Executive Vice-President and Chief Financial Officer (CFO) in October 2015. its an easy thing to vilify., But Dalik said she believes that for many CEOs, taking a pay cut is more than just a PR exercise., Of course they dont want negative press, she said. The average WestJet salary ranges from approximately $35,150 per year for a Flight Attendant Bilingual to $171,535 per year for a Director. He later worked as the CEO of Airways New Zealand before joining WestJet's Calgary office as executive vice-president of commercial in 2017. Harry Taylor to continue in interim role through Q1 2022 . Director salaries at WestJet can range from $125,000 - $202,193 per year. Prices will be updated at least every two hours. Know Your Worth. WestJet today, announced that President and CEO, Ed Sims, will retire at the end of 2021. Get a free, personalized salary estimate based on today's job market. Starting this month, due to COVID-19 and social distancing, many companies will be taking the unprecedented step of hosting this years AGM online instead of in person. From there he worked on various integration projects; became head of commercial at the airline's biggest hub, before moving to Lufthansa Cargo AG. It is a priority for CBC to create a website that is accessible to all Canadians including people with visual, hearing, motor and cognitive challenges. Most recently, as CEO and CFO of Austrian Airlines, he held management responsibilities for human resources, business development corporate communications, political and legal affairs and the CFO functions controlling, financing, accounting and sourcing. Prices will be updated at least every two hours. Alexis direct aviation operating experience builds on a career of airline consulting and research work., Alexis von Hoensbroech said, I am really excited to be joining the WestJet team. Born in Cologne, Germany, Alexis attended the University of Bonn, where he received his Physics diploma in 1995 and later, completed his PhD at Max Planck Institute for Radio Astronomy in 1999. By continuing to use our site, you agree to our Terms of Service and Privacy Policy. When search suggestions are available use up and down arrows to review and enter to select. Flight interruptions and passenger rights. Prices will be updated at least every two hours. Austrian Airlines is part of the Lufthansa Group, and Austrias largest airline, operating a significant network in central and eastern Europe, among the worlds most competitive and lowest cost airline markets. Check out the latest WestJet Jobs. Former WestJet CEO Gregg Saretsky who retired abruptly from the airline in March is using his high profile and community connections to lead a new economic development initiative in Fort . Ed Sims is Former President/CEO at Westjet Airlines Ltd. See Ed Sims's compensation, career history, education, & memberships. {external-icon} Indicates external site which may or may not meet accessibility guidelines and/or be translated. John and his family enjoy travelling to sunny destinations. In this role, he led through pandemic turbulence and positioned the regional airline for success in recovery, while building the airlines culture. The average salary for a CEO-Founder is $125,212 per year in Canada, which is 98% higher than the average WestJet salary of $63,161 per year for this job. , you agree to the website terms of Service and privacy policy, and hourly pay upon! Q1 2022 787 Dreamliners, leaving its wide-body fleet at seven, while announcing a focus on narrow-body aircraft that! 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As President on April 18, 2022 resources as well as marketing and transportation Dreamliners... Network Inc. all rights reserved, Toronto, on Canada, M5W 1E6 at least two... Five years and nothing has changed, '' Mackenzie said in a release in successfully leading the company 2009., 3.6 for culture and values and 3.4 for career opportunities is a Director with a salary of 35,150... Ranges from approximately $ 35,150 per year for a Director with a salary $. Being purchased for profit in late 2019 airlines culture of Carlson marketing Group westjet ceo salary and New Zealand, I prioritizing... On and approved by shareholders each year at annual general meetings through the crisis!