Godsoe's nest egg worth $122-million

Article Abstract:

The net savings of Peter GodSoe, chairman of Bank of Nova Scotia who will be retiring in February 2004, amounts to $122 million worth of shares and securities in the company. He began receiving a pension in December 2004 when he retired as chief executive officer and as of 31 October 2004, Mr. Peter Godsoe's holdings included $83.7 million worth of unexercised stock options, nearly $9.8 million in restricted shares, $23 million in deferred stock units, and approximately $5.1 million in common shares.

Commercial Banks, Personnel administration, Compensation and benefits, Bank of Nova Scotia (Toronto, Ontario), GodSoe, Peter

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Sun Life opposes sector mergers

Article Abstract:

Donald Stewart, the chief executive officer of Sun Life Financial Inc., announced plans to lobby on behalf of a ban against mergers between banks and insurance companies. Sun Life, which discussed the plan at its annual meeting, believes such mergers undermine shareholder value.

Public affairs, Political activity, Insurance industry, Life insurance industry, Insurance companies, Sun Life Financial of Canada

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Godsoe sees no mergers for 18 months

Article Abstract:

The Bank of Nova Scotia, which is led by chairman and chief executive officer Peter Godsoe, is not expected to engage in any mergers in 2003. Scotiabank's proposed merger with the bank of Montreal collapsed in 2002 due to regulators' opposition.

Bank of Nova Scotia, Godsoe, Peter

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