Democracy Gone Astray

Democracy, being a human construct, needs to be thought of as directionality rather than an object. As such, to understand it requires not so much a description of existing structures and/or other related phenomena but a declaration of intentionality.
This blog aims at creating labeled lists of published infringements of such intentionality, of points in time where democracy strays from its intended directionality. In addition to outright infringements, this blog also collects important contemporary information and/or discussions that impact our socio-political landscape.

All the posts here were published in the electronic media – main-stream as well as fringe, and maintain links to the original texts.

[NOTE: Due to changes I haven't caught on time in the blogging software, all of the 'Original Article' links were nullified between September 11, 2012 and December 11, 2012. My apologies.]

Monday, April 08, 2013

The Highest Paid CEOs In The Alberta Oil Patch Are Also Among The Highest Rated

When worker bees from across the nation were asked to rate their CEOs in an anonymous poll recently, it was an Alberta oil patch exec who received the highest ratings.

CEO Steve Williams of Suncor (TSX:SU) scored the highest of any Canadian chief executive with a 96 per cent approval rating from the Calgary company's employees.

The findings of the survey, which was conducted by Glassdoor recently and which canvassed 8,000 Canadian companies, government agencies and universities and colleges, were released last week.

Williams, the head of the gigantic oilsands player, garnered the kudos despite the fact he has his job cut out for him, with the Alberta oil patch facing its toughest economic, political and environmental challenges to date.

But despite those challenges, which all Alberta energy players are facing at the moment, the industry continues to benefit from a constantly lucrative business.

Tough challenges and lucrative endeavours help to explain why almost one in five of the top paid CEOs in the country, are Alberta oil patch chief executives.

According to 2011 numbers, the latest figures available, then Suncor CEO Rick George was at the top of the energy heap and sixth overall, reeling in a salary $14,857,818.

And he's not alone when it comes to multimillion-dollar annual compensation.

Original Article
Source: huffingtonpost.ca
Author: The Huffington Post Alberta

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