Cinar's husband-wife team paid a combined $1.5-million in 1997
Article Abstract:
Cinar Films Inc., a company based in Montreal, Quebec, boosted compensation of its chairman and president by 22% from 1997 to a total of C$1.5 million in salaries and bonuses in 1998. Cinar Films chairman and chief executive officer Micheline Charest had C$255,000 in base salary which was the same as that received by her husband and Cinar Films president and co-chief executive officer Ron Weinberg, after getting the same amount in 1996. Their bonuses did increase to $482,500 in 1997 from just $350,000 in 1996. In addition, the company would like to adopt Cinar Corp. as its new name rather than retain the Cinar Films monicker.
Comment:
Would like to adopt Cinar Corp as its new name rather than retain the Cinar Films Inc monicker
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
Drabinsky asks U.S. court to throw out suit
Article Abstract:
Livent Inc co-founder Garth Drabinsky has asked the U.S. Southern District Court of New York to junk a consolidated class-action suit representing thousands of Canadian and US stockholders of the company. Drabinsky reasoned that the suit is fatally flawed and should be tried in Canada, not in the US, because the alleged fraud occurred in Canada, the allegations concerned a Canadian company and only one of the defendants is a US resident.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Cantel forecasts profit in 2000. Cantel chief paid $1.4-million in 1998. TIW snares Brazil cellphone deal
- Abstracts: PsiNet buys Interlog to boost Internet position. Rogers sell $1.4-billion Cantel stake
- Abstracts: Power squeeze in Alberta may mean darker, colder winter. Enbridge proposes $603-million pipeline. First Marathon fined by ASC