May 2, 2024

The Queens County Citizen

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Salary increase for CDPQ’s Big Boss

Salary increase for CDPQ's Big Boss

At the end of the year that Caisse de Dépôt et placement du Québec (CDPQ) achieved the highest revenue in a decade, its President and Chief Executive Officer Charles Emand were entitled to a total compensation of approximately $ 6.3 million. Considering the appointment. The bonus he continues to receive.

Posted at 11:15 am

Julian Arsenal

Julian Arsenal
Press

Whoever came after Michael Sabia in 2019 received a salary of 4.5 million last year and a “compensation amount” of 1.8 million. His base salary is $ 550,000 and he is entitled to a $ 3.8 million performance bonus.

This information appears in the annual report on Quebecs wool stockings presented Thursday in the National Assembly. The document takes stock last year, where the pension plan manager earned an average return of 13.5% over its benchmark index of 10.7%.

In 2020, Mr. Considering Emond’s compensation bonus of about 1.5 million, his total compensation reached 4.9 million.

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  • 420
    As of December 31, 2021, CDPQ had net assets of approximately $ 420 billion.

    Caisse de Depot and Placement du Quebec

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