Chuck Magro and Mayo Schmidt, each a former CEO and president of Nutrien, along with current Cameco CEO and president Tim Gitzel were among the 100 highest-paid CEOs.
23,166,435. He stepped down as CEO in April 2021 to pursue other opportunities.11,759,710 in compensation in 2021 beforeIn the case of Magro, $555,769 of his $23.2 million in earnings came from salary. Of Schmidt’s $11.8 million in earnings, $1,106,454 were from his salary in 2021.
In 2021, another Saskatchewan executive — Cameco CEO and president Tim Gitzel — was the 100th highest-earner, with $In 2020, Gitzel’s pay package of roughly $6.54 million put him in 92nd place,Mayo Schmidt, seen here in 2011, resigned after eight months as president and CEO of Nutrien.Macdonald noted that the list’s floor has been rising as average CEO pay gets higher.
“It’s unlikely that we’ll go back to the level that we saw pre-pandemic, it’s likely they’ll continue at much higher pay levels in 2022,” he said.Article content
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