Edwards s salary increased 8.3 per cent to $1.03 million and rose again in 2021 to $1.4 million. Share-based awards last year were valued at $5.6 million, up from nearly $2 million a year earlier.
SNC said $1.8 million of the stock awards came from a one-time grant in March that was deferred from 2019 because of restrictions in its insider-trading policy. It will vest over three years.
He also received a $1.07-million bonus, $216,462 pension value and $90,179 in other compensation, according to the proxy circular filed ahead of its annual meeting on May 14.
Edwards became CEO on Oct. 31, 2019, several months after he was appointed interim head upon the departure of Neil Bruce. He joined the company in 2014 as vice-president of infrastructure construction.
SNC-Lavalin chief executive gets $8 02M in compensation in first full year at helm - Medicine Hat NewsMedicine Hat News
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SNC-Lavalin chief executive gets $8 02M in compensation in first full year at helm
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