B.C. Ferries' executive pay soars despite damning report

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Compensation for B.C. Ferries top three executives jumped between 10 and 18 per cent from 2021 to 2022 records show

In March 2022 an authority report said the compensation packages earned by then B.C. Ferries CEO Mark Collins and his eight vice-presidents exceeded standards and were out of compliance with the Coastal Ferry Act —Start your day with a roundup of B.C.-focused news and opinion delivered straight to your inbox at 7 a.m., Monday to Friday.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.

The report recommended Collins earn a base pay of $406,000 and have a total salary and benefits package of less than $500,000. It recommended the two highest paid vice-presidents have their base salaries reduced to $347,000 a year. However, according to a recently released Statement of Executive Compensation from B.C. Ferries, Collins compensation jumped by 10 per cent between 2021 and 2022 to $581,952, while Chief Operating Officer Corrine Storey’s pay jumped 16 per cent to $491,796 and Chief Financial Officer Jill Sharland earned an extra 18 per cent to $470,371.Article content

 

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Just sell bc ferries. So many other private ferries globally and they do so much better.

LMFAO. Anything like David Hahn salary, 1 million a year, or the x bc liberal? That’s why he was dumped, did nothing for the money he received. Keep trying Palmer.

Not cool

The courts should order the funds paid back, and the pay scales fixed permanently. I don't understand why this is so hard...

Good times when you are a Senior Exec. and get to set your own exorbitant compensation working at a public sector monopoly Rob_Fleming jjhorgan Dave_Eby

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