The utility’s next leader should be prepared to run a company fraught with potential government interference and risk, a salary package below the industry standard – and the opportunity to run one of North America’s biggest electricity distributors during a period of intense consolidation.
Was Schmidt overpaid? Hydro One’s ex-CEO was ‘middle of the range,’ analyst says
When it comes to Canadian utility leadership compensation, Hydro One Ltd.’s retiring CEO Mayo Schmidt is in the middle of the pack.
Papa John's chairman Schnatter steps down after racial remarks
Papa John’s International Inc.’s Chairman John Schnatter resigned after coming under fire for making racist comments that battered the shares of the pizza chain he founded.
Tycoon Mukesh Ambani set to topple Jack Ma as Asia's richest person
Mukesh Ambani is poised to overtake Alibaba Group founder Jack Ma to become Asia’s richest person as he positions Reliance Industries to disrupt the e-commerce space in India.
Doug Ford’s ‘worrisome’ Hydro One overhaul rattles Bay Street
Doug Ford got his way with the immediate retirement of Hydro One’s CEO and ouster of its entire board, but experts warn the shakeup could ultimately hurt the new premier’s declaration that “Ontario is open for business.”
TD Asset CEO says Greystone acquisition fuelled by lower rate environment
TD Bank has signed a deal to acquire Saskatchewan-based money manager Greystone Managed Investments Inc. in a stock-and-cash agreement worth roughly $792 million.
National home prices set to surge: Royal LePage
Home prices are expected to surge in the next three months as momentum picks up in Montreal, Vancouver and the GTA, despite the expected interest rate hikes and affordability issues. Phil Soper, president and CEO of Royal LePage, says millennials are willing to leave the big city to find affordable housing, and discusses the market outlook for the next quarter.
One in 100: Canada's 'embarrassing' lack of female CEOs among top TSX companies
BNN Bloomberg reviewed the 100 most influential companies within the S&P/TSX Composite, a group of companies that represents 88 per cent of the index. Within that industry-spanning group there is currently one woman serving as a CEO: Nancy Southern, who runs Calgary-based Canadian Utilities, which is controlled by ATCO Ltd.
Tim Hortons parent names Duncan Fulton chief corporate officer
Fulton was president of Canadian Tire's FGL Sports group until earlier this year where had previously served as senior vice-president for communications.
Meet Canada's next leaders - the 2018 Top 40 Under 40
BNN Bloomberg, in partnership with executive search firm Caldwell Partners announced the 2018 class of Canada’s Top 40 Under 40 on Wednesday, shining a spotlight on some of the nation’s top young innovators and entrepreneurs.