westjet ceo salary

Copyright 20082023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. { "name": "Native_infosite_salaries_fluid_en-US","id": "div-AdSlot-ld2e84ij", "fluid": true }. This estimate is based upon 15 WestJet Director salary report(s) provided by employees or estimated based upon statistical methods. CEO Chief Executive Officer CFO Chief Financial Officer CGN Committee Corporate Governance and Nominating Committee of the Board Director Director of the Board DSU Deferred Share Unit EPS Earnings per Share ERM Enterprise Risk Management ESPP Employee Stock Purchase Plan EVP Executive Vice President KEP Plan With a focus on optimizing the efficiency of WestJets operational performance and enhancing the experience of the airlines frontline staff, Diederik leads a dedicated and collaborative team who support the airlines immediate and future operational success. Canada's highest-paid chief executive officers (CEOs) were paid an average of $10.9 million in 2020, according to a new report from independent think tank Canadian Centre for Policy Alternatives (CCPA). "It is my pleasure to officially welcome Alexis to the WestJet Group at this pivotal time for the business," said Chris Burley, Chairman of WestJet's board of directors. Harry Taylor to continue in interim role through Q1. 68% of WestJet employees would recommend working there to a friend based on Glassdoor reviews. He was named president and CEO in 2010 and led the . Before joining WestJet, Harry spent more than 20 years in retail and consumer packaged goods. WestJet, which has been hard hit by COVID-19 and the resulting drop in travel demand, served notices of voluntary or involuntary leaves to 6,900 people (50 per cent of its total workforce) in late March, though it has since said it will be able to use the federal governments wage subsidy program to recall these employees. In June, the new CEO unveiled his vision for WestJet. On salaries posted Prices displayed above are subject to change and are not guaranteed until payment is made and accepted. Starting this month, due to COVID-19 and social distancing, many companies will be taking the unprecedented step of hosting this years AGM online instead of in person. Before joining Austrian, he was responsible for Lufthansa German Airlines overall strategic roadmap and investment portfolio, after joining from The Boston Consulting Group, where he led transformation projects for many major global airlines in North America and Europe from the New York and Zurich offices. By continuing to use our site, you agree to our Terms of Service and Privacy Policy. The report, called "Another Year in Paradise: CEO Pay in 2020," reviewed the earnings of . All rights reserved. Together we will emerge from the pandemic stronger, and I am excited to work alongside this incredible group, as we take WestJet and Swoop to new heights.. We are grateful for Harry's dedication and continued leadership as he returns to his permanent role as WestJet Executive Vice-President and Chief Financial Officer (CFO).. Responsible for the digital transformation of the WestJet Group with a focus on enhancing operational efficiency as well as the employee and guest experience, Chris leads WestJets digital roadmap, data science, advanced analytics, and business intelligence agenda. westjet ceo salary. See CEO-Founder Salaries at other companies. Box 500 Station A Toronto, ON Canada, M5W 1E6. Manager salaries - 1 salaries reported. WestJet CEO Ed Sims to retire. Al Monaco of Enbridge Inc.: $8.8 million. In a report published Tuesday, the Canadian Centre for Policy Alternatives (CCPA) looked at the 2015 salary information from 249 TSX-listed companies. WestJet is a remarkable success story, bringing affordable air travel to millions of Canadians. .css-jiegi{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does $60,659 - $66,103 look to you? Prices displayed above are subject to change and are not guaranteed until payment is made and accepted. WestJet president and CEO Ed Sims, left, and Tawfiq Popatia, a managing director at Onex Corp., stand next to one of the engines of a Boeing 787 Dreamliner in Calgary on May 13, 2019. Please see our supported browsers. Salaries posted anonymously by WestJet employees. In this role, Angela was responsible for legal, business development, human resources as well as marketing and transportation. Alexis spent his early career at The Boston Consulting Group, working out of their Munich and Tokyo offices, with a strong focus on clients from the aviation industry. A video message from Ed Sims, WestJet President and CEO, The global pandemic and the ongoing travel restrictions have separated so many of us for so long from loved ones. Last updated months ago. Prices may not reflect real-time pricing or availability. CEO-Founder salaries at WestJet can range from $60,659-$66,103. Asim Ghosh of Husky Energy Inc.: $5.1 million. Previously, she was at ConocoPhillips where she led business development teams responsible for more than $25B in transactions and became the Chief Compliance Officer of global operations based in Houston. At Cenovus Energy Inc. which has said it will reduce its planned 2020 capital spending by $600 million as a result of unprecedented low commodity prices salaries have been rolled back across the company. Joined WestJet in 2017, became President and CEO in 2018, taking the company from its first quarterly loss in 52-consecutive quarters in Q2, to a position of sustained and significant profitability. The average salary for a Director is $134,774 per year in Canada, which is 21% lower than the average WestJet salary of $171,535 per year for this job. Christian (Chris) joined WestJet in August of 2022 as Chief Digital Officer. It is my pleasure to officially welcome Alexis to the WestJet Group at this pivotal time for the business, said Chris Burley, Chairman of WestJets board of directors. Most recently, as CEO and CFO of Austrian Airlines, herestructured the airline and its network to compete with ULCC competition in Austria and successfully led the company through the COVID crisis. The typical WestJet Director salary is $171,535 per year. The next highest-paid Calgary boss was Shaw Communications Inc. CEO Bradley Shaw, who took home $13.1 million with a base salary of $2.5 million, a $5.9-million bonus and the remaindercomprised of pension and other benefits. Executive team at WestJet can range from $ -. The typical WestJet Director salary is $165,767 per year. Austrian Airlines is part of the Lufthansa Group, and Austrias largest airline, operating a significant network in central and eastern Europe, among the worlds most competitive and lowest cost airline markets. John has more than 20 years experience in the aviation industry and joined WestJet in 2013 as Director, Network and Schedule Planning. With two children in New Zealand, I am prioritizing the needs of family who I will not have seen in two years. Michael Dilger of Pembina Pipeline Corporation: $3.8 million. This estimate is based upon 1 WestJet CEO-Founder salary report(s) provided by employees or estimated based upon statistical methods. Rich Kruger of Imperial Oil Inc.: $9.0 million. At WestJet Airlines, CEO Ed Sims (who took the reins at the company in 2018 and according to the company's proxy circular was entitled to $3.4 million in total compensation that year), as well. Comments may take up to an hour for moderation before appearing on the site. Your input helps Glassdoor refine our pay estimates over time. Prior to returning to the WestJet Group, Bob spent two years at the helm of Central Mountain Air as Chief Executive Officer. WestJet. WestJets competitor, Montreal-based Air Canada, has announced that CEO Calin Rovinescu will not draw any salary for the duration of the pandemic crisis. Life insurance is offered and split 50/50 with FA's, Not great, no onboarding on return, low top up and must keep paying for benefits. Sign up to receive daily headline news from the Calgary Herald, a division of Postmedia Network Inc. A welcome email is on its way. Harry joined WestJet as Executive Vice-President and Chief Financial Officer (CFO) in October 2015. As CFO, Harry is responsible for accounting, financial reporting, financial planning & analysis, investor relations, internal audit, procurement, supply chain, treasury and tax. Glassdoor has millions of jobs plus salary information, company reviews, and interview questions from people on the inside making it easy to find a job thats right for you. .css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. The base salary for CEO ranges from $612,100 to $1,043,400 with the average base salary of $809,800. Executive compensation is a minuscule portion of any large companys overall expenses, said Anup Srivastava, associate professor at the University of Calgarys Haskayne School of Business and a Canada research chair in accounting, decision-making and capital markets. {external-icon} Indicates external site which may or may not meet accessibility guidelines and/or be translated. Here are the other 16Calgary CEOs among the top 100: The 10 highest paid CEOs across Canada are listed below: Audience Relations, CBC P.O. After obtaining a doctorate in physics, von Hoensbroech spent his early career at the management consultancy company, The Boston Consulting Group, in Munich and Tokyo, with clients primarily from the aviation industry. Patrick Carlson of Seven Generations Energy: $8.9 million. Harry earned a Bachelor of Commerce degree from Trinity College, University of Toronto in 1983, a Chartered Accountant designation from the Institute of Chartered Accountants of Ontario in 1985 and a Master of Business Administration from the University of Western Ontario in 1988. Calgary is home to nearly a fifth of the highest paid CEOs in Canada, according to a Toronto think-tank that's calling for government action in the face of record-setting pay for corporate bosses. While at Austrian Airlines, Alexis refocused the airline on its core business, lowering its cost base to address rising competition from ultra-low-cost carriers. I am pretty pissed. In Calgary, the steepest CEO pay cuts are occurring in the hard-hit energy and aviation industries, and most often occur at companies that have already announced COVID-related layoffs or all-staff wage reductions. He joined the Lufthansa Group in 2005, responsible for the strategy and subsidiaries of Lufthansa airline. Executive Vice-President and President of Swoop. Arden Dalik, senior partner in the Calgary office of human capital management firm Global Governance Advisors, said while its not unusual to see CEOs take salary cuts during a major economic downturn or market collapse, the swiftness with which the announcements are coming this time around is noteworthy. Westjet just cancelled my 8PM EST flight from Toronto to New York. Prior to accepting this role, von Hoensbroech served as CEO of Austrian Airlines, starting in 2018, where he led the airline through the COVID-19 crisis, significantly strengthening its competitiveness during a difficult period. We look forward to continuing our partnership with Ed.. Am I entitled to any compensation other than being rebooked? How much do WestJet employees make? Ed has led WestJet through the worst crisis in aviation history and will see us through to the end of 2021. The salary rollback, which will have the greatest impact on senior leaders, is a way to demonstrate the entire company is committed to addressing the challenges we face, Pourbaix said in a news release. The browser you are using is not supported. Advertised prices, taxes and fees may fluctuate based on exchange rate. Country: Canada. WestJet employees attributed a compensation and benefits rating of 3.3/5 stars to their company. Westjet just cancelled my 8PM EST flight from Toronto to New York. Executive Vice-President and Chief Loyalty Officer. Know Your Worth. Your input helps Glassdoor refine our pay estimates over time. Prices may not reflect real-time pricing or availability. Prices will be updated at least every two hours. .css-jiegi{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does $172,109 look to you? Total Pay Average.css-1f2j16u{cursor:pointer;width:24px;height:24px;}. Review individual biographies by clicking the Executive team member's name. Led the organization through the largest private equity deal in aviation history with the purchase of WestJet by Onex. From there he worked on various integration projects; became head of commercial at the airline's biggest hub, before moving to Lufthansa Cargo AG. {external-icon} Indicates external site which may or may not meet accessibility guidelines and/or be translated. Alex Pourbaix, president and chief executive officer of Cenovus Energy. The browser you are using is not supported. WestJet's new CEO, Alexis von Hoensbroech, brought together managers from across the airline on Wednesday to discuss how he sees the Canadian airline moving forward. He earned a base salary of $2.8 million, a $6-million bonus, plus shares, options and other perks worth another $11.1 million. A free inside look at company reviews and salaries posted anonymously by employees. John holds a Bachelor of Commerce (Honours) from the University of British Columbia in Vancouver, Canada. Prices displayed above are subject to change and are not guaranteed until payment is made and accepted. Hourly Pay posted anonymously by WestJet employees. Published Sep 25, 2020. As Executive Vice President and Chief Commercial Officer, John is responsible for WestJets network & alliances, revenue management, sales, marketing, WestJet Vacations, contact centre, and guest experience. New airline, Lynx, launches in Canada - Winnipeg Free Press . Advertised prices, taxes and fees may fluctuate based on exchange rate. With more than 25 years legal and commercial leadership experience, Angela joined WestJet from Athabasca Oil Corporation, where she was General Counsel and Vice-President, Business Development. We apologize, but this video has failed to load. Your input helps Glassdoor refine our pay estimates over time. 2023 Calgary Herald, a division of Postmedia Network Inc. All rights reserved. Angelas international experience includes an appointment to the United Nations Compensation Commission where she worked in Geneva, Switzerland to prepare and present war reparations claims to an international court. A growing number of Calgary CEOs are responding to the dual crises of COVID-19 and the sharp drop in oil prices by taking a pay cut. He subsequently held the roles of Vice-President, Revenue and Pricing, and Vice-President, Network and Revenue. As WestJets Chief Commercial Officer, Bob grew the airlines revenue from just over one billion to more than $4.5 billion. We ask you to keep your comments relevant and respectful. WestJet Group Executive Vice-President and Chief Commercial Officer. WestJet today, announced that President and CEO, Ed Sims, will retire at the end of 2021. The airline cancelled all orders for 787 Dreamliners, leaving its wide-body fleet at seven, while announcing a focus on narrow-body aircraft . Prices may not reflect real-time pricing or availability. But the good ones want to show their employees and shareholders that look, were hurting too. Its a way of getting across the message that were all in this together. . As WestJets Chief Commercial Officer, Bob spent two years WestJet, harry spent more than 20 years in and. Average base salary for CEO ranges from $ 60,659- $ 66,103 { cursor: ;!, president and CEO, Ed Sims, will retire at the helm of Central Mountain as!: # 505863 ; font-weight:700 ; } Dreamliners, leaving its wide-body fleet at,. 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