Some Basic Guidance On Common-sense Condo Specialist Programs

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Mayor Nenshi defends million-dollar salaries of top Enmax executives CEO Gianna Manes earned $2.1M in 2016 while 3 other executives took home $1M-plus Posted: May 13, 2017 5:00 AM MT Last Updated: May 13, 2017 5:00 AM MT Mayor Naheed Nenshi, right, is defending the salary paid to Enmax CEO Gianna Manes and other executives. (Left photo: Bill Graveland/The Canadian Press, Right photo: CBC) 2 Enmax employees seriously injured in fall while working on power lines Calgary's mayor is defending the seven-figure salaries paid to top executives at city-owned Enmax. Last year, president Gianna Manes made more than $2 million, according to a governance report released Friday, while three of four other executives took home more than $1 million each. The issue was discussed at Friday's annual general meeting. City council sets the salaries for the board of directors at Enmax, which is then tasked with setting executive salaries. From 2016: Enmax exec gets $1.1M bonus pushing total compensation to $2.3M Calgarian Marijke Knipscheer told city council and the Enmax board she was "disgusted" by the million-dollar pay packets because they're so large. "Yes this is a company that one shareholder has all the power," she said. "However, that shareholder best never forget that it's the residents of Calgary whose hard work is shovelling the money to pay these executives." Nenshi called the compensation system for all executives "broken," but he doesn't agree Enmax's leaders are overpaid when you look at comparable companies. Compensation paid to Enmax's top executives over the last three years. (Enmax) "The system of peer grouping that companies use leads to an escalation of executive salaries, but to the extent that council can control the governance of this, I'm actually pretty satisfied with where we are," he said. "Yes, people get paid a lot of money.

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