Magna chairman enjoys another lucrative payday

Article Abstract:

Aurora, Ont.-based Magna International Inc. paid its chairman, Frank Stronach, a compensation package that totalled $23.16 million in 1999. Magna International, which is an auto stampings company, paid its president and chief executive office a total compensation package of $4,100,000 in 1999.

Motor Vehicle Metal Stamping, Automotive stampings, Auto Job Stampings, Metal industries, Compensation and benefits, Automobile industry, Magna International Inc., MGA, Metal products industry, Metalworking industry

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Shareholders grill TransAlta on results

Article Abstract:

Stephen Snyder, the president and chief executive officer of TransAlta Corp., said that the electric utility is investing in alternative energy sources. TransAlta, which is concerned with complying with the Kyoto Protocol, spent $42.5 million on new turbines.

Electric Utilities, Electric Power Generation, Transmission and Distribution, Electric services, Environmental aspects, Transalta Corp.

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Ballard powers up new game plan

Article Abstract:

Ballard Power Systems Inc.'s chief executive, Dennis Campbell, said that the company will implement a new game plan. Ballard guaranteed that it would stop depleting its funds and start posting profits.

Strategy & planning, Planning, Electrical equipment and supplies industry, Electric equipment industry, Company business planning, Ballard Power Systems Inc., BLDPF

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