Thread regarding Enbridge Inc. layoffs

Are You Kidding Me???

Enbridge says president and CEO Al Monaco's total compensation increased 36 per cent to almost $18 million in 2019, up from $13.4 million a year earlier as all components increased.

The payout included $1.6 million in salary up from $1.48 million, $6.1 million in stock-based awards, $3.3 million in option-based awards, $3.7 million in non-equity incentives and $3.2 million in pension value.

This report by The Canadian Press was first published March 10, 2020.

Companies in this story: (TSX:ENB).

The Canadian Press

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| 2346 views | | 11 replies (last March 22, 2020) | Reply
Post ID: @OP+13VnfBN5

11 replies (most recent on top)

Yep, never thinks of the employees. Dribbles a little here and there, yet keep raising the dividend.

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Post ID: @brcn+13VnfBN5

Well deserved.. jealous *

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Post ID: @8rpk+13VnfBN5

This is one strange, cruel, mean company and the guy at the top sets the tone. Enjoy that money knowing how many people you crushed to get it.

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Post ID: @5wox+13VnfBN5

I just have to wonder how many (now ex-employees, and their families), that were destroyed so that he could make his 36% increase?
Oh well, enjoy this life, because “It is easier for a Camel to pass through the eye of a needle, than for a rich man to enter the Kingdom of God”! Mark 10:25

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Post ID: @5ern+13VnfBN5

His cruelty has poisoned the company’s culture.

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Post ID: @2ple+13VnfBN5

Well, those stock-based awards are worth a lot less now - lol.

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Post ID: @2mdi+13VnfBN5

His wealth wouldn’t be so bad if he weren’t such a cruel man.

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Post ID: @2uty+13VnfBN5

Just do what you have to do and go home to your family. A 2% , 3% not worthy all worries and preoccupation, while this guy is making so much that’s unbelievable!

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Post ID: @1oag+13VnfBN5

https://www.richmond-news.com/enbridge-moving-may-annual-meeting-online-due-to-coronavirus-concerns-1.24094815

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Post ID: @1uuz+13VnfBN5

Hey. That’s more than the base 2 percent!

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Post ID: @1uxm+13VnfBN5

Yes and if you are a contractor (let's be honest, it's a defacto employee and everyone knows it, no one is making huge bucks on contract, they are just hoping to get on full time like me) the layoffs from worries about the virus are coming fast and hard as things go down to a skeleton crew. They'll likely up his cut again. Given how Enbridge doesn't really hurt that much on oil prices (like it's customers do) I find the whole thing deeply ironic.

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Post ID: @1dyk+13VnfBN5

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