The chart on this page features a breakdown of the total annual pay for , at RAYTHEON TECHNOLOGIES CORP as reported in their proxy statements. The company’s new CEO will be Alain Bellemare, effective Feb. 13. Bombardier president and CEO Alain Bellemare is seen next to a CSeries CS300 ready for delivery to Korean Air Thursday, December 21, 2017 in Mirabel, Que. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). The decrease came despite a good financial year that saw the transportation giant post its first annual profit in five years. Alain Bellemare has been CEO of Bombardier for the last 5 years. With deep international experience running multi-billion-dollar aerospace organizations, Alain will lead our portfolio of international investments – working closely with our partners as they recover from the pandemic. There was an error, please provide a valid email address. Salaries, reviews, and more - all posted by employees working at Bombardier. In May 2017, Bellmare's compensation of US$9.5 million was criticized while the Government of Quebec invested in Bombardier. The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. Coronavirus Tips – Working and Protection. MONTREAL — Total compensation for Bombardier’s top five executives fell four per cent last year to US$29.5 million, according to a proxy circular released ahead of the company’s May 2 annual meeting. Alain Bellemare. Alain M Bellemare is President International at Delta Air Lines Inc. See Alain M Bellemare's compensation, career history, education, & memberships. Bombardier Inc., together with its subsidiaries, manufactures and sells transportation equipment worldwide.The company operates in two segments, Aviation and Transportation. Last year, CEO Alain Bellemare got paid $9.5 million US, up from $6.4 million US a year earlier. The next issue of Top Stories Newsletter will soon be in your inbox. If you don't see it please check your junk folder. (12) In recognition of his joining Bombardier, Mr. Alain Bellemare received a special grant of 1,846,836 stock options valued at … Glass Lewis, which advises institutional investors on how to vote on shareholder issues, criticized Bombardier in a report this week for paying outgoing chief executive Alain Bellemare as much as $17.5 million in severance and other compensation. RAYTHEON TECHNOLOGIES CORP annual reports of executive compensation and pay are most commonly found in the Def 14a documents. See what employees say it's like to work at Bombardier. Alain Bellemare salary income and net worth data provided by People Ai provides an estimation for any internet celebrity's real salary income and net worth like Alain Bellemare based on real numbers. January 13, 2021 - by Edward Russell via Twitter (read all below) January 13, 2021 - by Edward Russell via Twitter (read all below) English (US) Español; Français (France) 中文(简体) As you heard this morning, there is like – we had a very, very strong order intake in 2019. Former Bombardier CEO Alain Bellemare Is Joining DELTA AIR LINES - New President International. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. tap here to see other videos from our team. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. With the change, Bellemare said he received $4.2 million last year in salary and bonuses and will get $5.2 million in 2020 if the company meets its performance targets. While this analysis focuses on total compensation, it's worth noting the salary is lower, valued at US$1.1m. Unauthorized distribution, transmission or republication strictly prohibited. Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc. A welcome email is on its way. This report is not for commercial use. The Journal de Montreal reports that a number of people including CEO However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. Share-based and option-based awards each rose by US$704,700 or 34 per cent, to US$2.78 million. Thorough reviews have been conducted to assure this data accurately reflects disclosures. As at RAYTHEON TECHNOLOGIES CORP, made $0 in total compensation. Well, good morning. CEO Alain Bellemare's total pay remained unchanged at US$10.63 million. You may also find the annual proxy statement by going directly to the company's website. Share-based and option-based awards each rose by US$704,700 or … Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. Of this total $0 was received as a salary, $0 was received as a bonus, $0 was received in stock options, $0 was awarded as stock and $0 came from other types of compensation. Share-based and option-based awards each rose by US$704,700 or 34 per cent, to US$2.78 million. Alain Bellemare will serve as Delta's president of international business, and Michelle Horn is on board as SVP and chief strategy officer. He earned a salary of US$1.1 million and received a cash bonus of US$2.8 million, down from US$3.2 million in 2017. The information shown here is a reporting of information included in the company's proxy statement. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. CEO Alain Bellemare’s total pay remained unchanged at US$10.63 million. Beaudoin's compensation increased to US$5.25 million from US$3.85 million a year earlier. CEO Alain Bellemare’s total pay remained unchanged at US$10.63 million. © 2021 Financial Post, a division of Postmedia Network Inc. All rights reserved. We have enabled email notifications—you will now receive an email if you receive a reply to your comment, there is an update to a comment thread you follow or if a user you follow comments. Visit our Community Guidelines for more information and details on how to adjust your email settings. Alain Bellemare will be joining us as President-International. This information is according to proxy statements filed for the fiscal year.   His annual bonus almost doubled to $2.36 million US. Check out Alain Bellemare's net worth in US Dollar Feb, 2021. https://www.mcgill.ca/mbanext50/vote-gallery/alain-bellemare All proxy statements are public filings made available to the general public by the SEC. Alain Bellemare * $1,381,415: $11,196,594: $12,578,009: 17: Royal … By continuing to use our site, you agree to our Terms of Service and Privacy Policy. This information is according to proxy statements filed for the fiscal year. CEO Alain Bellemare received $9.5 million, up from $6.4 million in 2015, including $5.2 million in share and option-based awards and a $1-million salary. VistaJet Malta Finance P.L.C. Of this total $0 was received as a salary, $0 was received as a bonus, $0 was received in stock options, $0 was awarded as stock and $0 came from other types of compensation. 365 Bloor Street East, Toronto, Ontario, M4W 3L4. Postmedia is committed to maintaining a lively but civil forum for discussion and encourage all readers to share their views on our articles. Delta Air Lines has hired former Bombardier president and CEO Alain Bellemare as president of its international organization, CEO Ed Bastian announced in a memo on Wednesday. A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. At the top of the executive roster, UTC President and CEO Louis R. Chenevert received $6.18 million in bonuses and salary in 2011, up 10.6 percent from 2010. Our data indicates that Bombardier Inc. is worth CA$3.9b, and total annual CEO compensation was reported as US$11m for the year to December 2018. Read more about cookies here. On February 13, 2015, Bellemare became the President and CEO of Bombardier Inc. Bombardier Removes CEO Alain Bellemare Company appoints Eric Martel, former head of Hydro-Québec, as new CEO Alain Bellemare was hired in 2017 to turn around Bombardier. (Paul Chiasson/THE CANADIAN PRESS)