Bank of Nova Scotia (BNS) Announces CEO Retirement, Appoints Scott Thomson as Replacement streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
(Reuters) -Bank of Nova Scotia said on Monday it appointed Scott Thomson to succeed Chief Executive Officer Brian Porter, at a time when the Canadian .
TORONTO - Scotiabank faced criticism for not moving fast enough on climate change at the bank’s annual general meeting, while prepared remarks for chief executive Brian Porter, who missed the meeting due to COVID-19, focused especially on the economic challenges faced by Canadians.
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Jeff McIntosh/The Canadian Press
Bank of Nova Scotia’s compensation plan for top executives is facing resistance from investors after an influential shareholder adviser flagged a perceived gap between the bank’s performance and the CEO’s pay.
Scotiabank’s advisory resolution on executive compensation, a non-binding vote commonly called “say on pay,” passed with only 60.8-per-cent support at the bank’s annual shareholder meeting Tuesday. Last year, 93.8 per cent voted in favour of the resolution.