The report found the average earnings of Canada's corporate top 100 increased by 178 per cent between 1998 and 2015, reaching a record high of $9.5 million. 2009 dallas cowboys roster; WestJet looking for new CEO after announcing retirement of . A free inside look at WestJet salary trends based on 1 salaries wages for [jobTitleCount] jobs at WestJet. As we forge ahead, the more than 8,500 WestJet and Swoop employees have shown admirable tenacity and determination over the last two years. Visit our Community Guidelines for more information and details on how to adjust your email settings. Copyright 20082023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. { "name": "Native_infosite_salary_detail_fluid_en-CA","id": "div-AdSlot-ld2e839y", "fluid": true }, Cash Bonus, Stock Bonus, Profit Sharing, Commission Sharing, Tips have not been reported for this role. Flight interruptions and passenger rights. "In the absence of corporate leadership, it falls to government to bring in laws to put a cap on the incentives fuelling soaring CEO compensation packages.". As revenues dry up and companies look to slash spending, a significant portion of publicly traded companies have already reduced compensation for occupants of the C-suite. The salary rollback, which will have the greatest impact on senior leaders, is a way to demonstrate the entire company is committed to addressing the challenges we face, Pourbaix said in a news release. Copyright 20082023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. { "name": "Native_infosite_salaries_fluid_en-CA","id": "div-AdSlot-ld2e807b", "fluid": true }. WestJets competitor, Montreal-based Air Canada, has announced that CEO Calin Rovinescu will not draw any salary for the duration of the pandemic crisis. Comments may take up to an hour for moderation before appearing on the site. Starting this month, due to COVID-19 and social distancing, many companies will be taking the unprecedented step of hosting this years AGM online instead of in person. The report shows Canada's 100 highest paid CEOs on the TSX index now make 193 times more than someone earning an average income of $49,501. During his tenure with WestJet, Bob led the growth of WestJet Vacations, WestJet Rewards, and was integral in the launch of WestJet Encore, WestJets regional airline. Advertised prices, taxes and fees may fluctuate based on exchange rate. At WestJet Airlines, CEO Ed Sims (who took the reins at the company in 2018 and according to the companys proxy circular was entitled to $3.4 million in total compensation that year), as well as the rest of the executive team have taken a 50 per cent pay cut to all compensation. How much do WestJet employees make? Previous roles within the Lufthansa Group included Chief Commercial Officer of Lufthansa Cargo AG, head of commercial at the airline's biggest hub in Frankfurt,and head of strategy and investment management for the Lufthansa airline. From there, ran various integration projects; became head of commercial at the airline's biggest hub in Frankfurt, before becoming CCO of Lufthansa Cargo AG. Seats at these fares are limited and may not be available on all flights. Check out the latest WestJet Jobs. $43,491 / yr. Bilingual Customer Service Representative salaries - 1 salaries reported. .css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. WestJet Airlines Ltd. has named Alexis von Hoensbroech as its new chief executive officer. Alexis direct aviation operating experience builds on a career of airline consulting and research work., Alexis von Hoensbroech said, I am really excited to be joining the WestJet team. Try our online self-serve tools and skip the wait. Seats at these fares are limited and may not be available on all flights. After obtaining a doctorate in physics, von Hoensbroech, 51, spent his early career at the management consultancy company, The Boston Consulting Group, in Munich and Tokyo, with clients primarily from the aviation industry. Advertised prices, taxes and fees may fluctuate based on exchange rate. Sign up to receive daily headline news from the Calgary Herald, a division of Postmedia Network Inc. A welcome email is on its way. WestJet. He earned a base salary of $2.8 million, a $6-million bonus, plus shares, options and other perks worth another $11.1 million. 18 of country's highest paid CEOs work for Calgary-based companies | CBC News Loaded. It is a priority for CBC to create a website that is accessible to all Canadians including people with visual, hearing, motor and cognitive challenges. .css-jiegi{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does CA$29 - CA$31 look to you? Alexis began his role as Chief Executive Officer, WestJet in February of 2022. Most recently, as CEO and CFO of Austrian Airlines, he held management responsibilities for human resources, business development corporate communications, political and legal affairs and the CFO functions controlling, financing, accounting and sourcing. In this role, Angela was responsible for legal, business development, human resources as well as marketing and transportation. Prices displayed above are subject to change and are not guaranteed until payment is made and accepted. The lowest-paying job at WestJet is a Flight Attendant Bilingual with a salary of $35,150 per year. When factoring in bonuses and additional compensation, a Director at WestJet can . Executive compensation is a minuscule portion of any large companys overall expenses, said Anup Srivastava, associate professor at the University of Calgarys Haskayne School of Business and a Canada research chair in accounting, decision-making and capital markets. Dozens of WestJet planes are being parked around the Calgary International Airport as the COVID-19 pandemic shuts down most passenger air traffic around the world. We encountered an issue signing you up. Alex Pourbaix, president and chief executive officer of Cenovus Energy. At WestJet, the most compensated executive makes $700,000, annually, and the lowest compensated makes $50,000. Last updated months ago. He held senior finance and operating leadership roles with Canadian Tire Corporation, Holt Renfrew, Home Depot, and Frito-Lay in both Canada and the United States. The browser you are using is not supported. Please see our supported browsers. He subsequently held the roles of Vice-President, Revenue and Pricing, and Vice-President, Network and Revenue. In this role, he led through pandemic turbulence and positioned the regional airline for success in recovery, while building the airlines culture. Prices will be updated at least every two hours. Together we will emerge from the pandemic stronger, and I am excited to work alongside this incredible group, as we take WestJet and Swoop to new heights.. This estimate is based upon 1 WestJet CEO-Founder salary report(s) provided by employees or estimated based upon statistical methods. See all CEO-Founder salaries to learn how this stacks up in the market. Harry began his career in professional services, serving clients for McKinsey & Company for five years and Ernst & Young for three years. The average WestJet hourly pay ranges from approximately $15 per hour for a Guest Service Ambassador to $66 per hour for a Pilot. WestJet Group announces retirement of Chief Financial Officer Harry Taylor, Jennifer Bue to step in as interim Chief Financial Officer, Flight interruptions and passenger rights. Before joining Austrian, he was responsible for Lufthansa German Airlines overall strategic roadmap and investment portfolio, after joining from The Boston Consulting Group, where he led transformation projects for many major global airlines in North America and Europe from the New York and Zurich offices. 64 WestJet reviews. The WestJet Group today announced that Alexis von Hoensbroech has officially started his role as Chief Executive Officer (CEO). With extensive experience in aviation and in leading a global airline through the pandemic, we are confident that under Alexis leadership his vision will accelerate the WestJet Groups recovery., As the WestJet Group moves into its next chapter, I am thrilled to be joining this dedicated team, at such a critical time, said von Hoensbroech. Please see our supported browsers. The average salary for a CEO-Founder is $125,212 per year in Canada, which is 98% higher than the average WestJet salary of $63,161 per year for this job. At Cenovus Energy Inc. which has said it will reduce its planned 2020 capital spending by $600 million as a result of unprecedented low commodity prices salaries have been rolled back across the company. My time with WestJet has been an absolute career highlight and a privilege in my 35 years in the travel and aviation industries, said Ed Sims, WestJet President and CEO. Other Calgary-based CEOs who have said they will take pay cuts include Badger Daylightings Paul Vanderberg, who will take a 40 per cent salary reduction, and Parkland Fuel Corp.s Bob Espey, who will take a 35 per cent salary reduction. Born in Cologne, Germany, Alexis attended the University of Bonn, where he received his Physics diploma in 1995 and later, completed his PhD at Max Planck Institute for Radio Astronomy in 1999. The next issue of Calgary Herald Headline News will soon be in your inbox. This advertisement has not loaded yet, but your article continues below. Foster will join WestJets executive leadership on January 9, 2023. We ask you to keep your comments relevant and respectful. Chief Executive Officer, The WestJet Group. During her time at Qatar Airways, de Bruijn managed the airlines global cargo sales organization including product development and marketing and was responsible for the freighter network planning department. Prior to accepting this role, von Hoensbroech served as CEO of Austrian Airlines, starting in 2018, where he led the airline through the COVID-19 crisis, significantly strengthening its competitiveness during a difficult period. The browser you are using is not supported. Canada should follow the lead of Portland, Ore., which is slapping a surtax on companies with a CEO-to-worker pay gap that's 100 times or more, Mackenzie said. How accurate does CA$29 - CA$31 look to you. On salaries posted See all CEO-Founder salaries to learn how this stacks up in the market. All rights reserved. Salaries posted anonymously by WestJet employees. Charles Magroof Agrium Inc.: $10.4 million. In June, the new CEO unveiled his vision for WestJet. In addition, Alexis was instrumental in successfully leading the company through the COVID-19 crisis. In a report published Tuesday, the Canadian Centre for Policy Alternatives (CCPA) looked at the 2015 salary information from 249 TSX-listed companies. It gives me great pleasure, following our global search, to welcome Alexis to the WestJet Group as CEO. Under his leadership the business grew significantly before being purchased for profit in late 2019. With two children in New Zealand, I am prioritizing the needs of family who I will not have seen in two years. The report shows Canada's 100 highest paid CEOs on the TSX index now make 193 times more than someone earning an average income of $49,501. Am I entitled to any compensation other than being rebooked? 68% of WestJet employees would recommend working there to a friend based on Glassdoor reviews. We'll redirect you to the home page of the country/region site you choose. How much do WestJet employees make? Here are the other 16 Calgary CEOs among the top 100:. Patrick Carlson of Seven Generations Energy: $8.9 million. Alexis understands WestJets low-cost roots and the importance of cost competitiveness in our vision for the future. associate professor at the University of Calgarys Haskayne School of Business and a Canada research chair in accounting, decision-making and capital markets. I am pretty pissed. Prices will be updated at least every two hours. Catch up on what's happening in Calgary with the Noon News Roundup every weekday at noon, Catch up on what's happening in Calgary with the Noon News Roundup, CEOs of Calgary companies taking pay cuts during COVID-19, Zellers locations announced in Calgary and Medicine Hat, Calgary Herald building sold, signalling the end of an era, Calgary-based tech company Benevity announces mass layoffs, Calgary Co-op buys Willow Park Wines and Spirits, Calgary woman dead in Highway 1 crash east of city. While at Austrian Airlines, Alexis refocused the airline on its core business, lowering its cost base to address rising competition from ultra-low-cost carriers. As CFO, Harry is responsible for accounting, financial reporting, financial planning & analysis, investor relations, internal audit, procurement, supply chain, treasury and tax. Joined WestJet in 2017, became President and CEO in 2018, taking the company from its first quarterly loss in 52-consecutive quarters in Q2, to a position of sustained and significant profitability. The think-tank then calculated numbers based on the 100 people at the top of that list. In four years with WestJet, Mr. Sims was responsible for the successful introduction of the companys Boeing 787 long-haul aircraft, the launch of two new airline ventures, the significant expansion of WestJets international network, as well as the continued growth of WestJet Vacations, WestJet Cargo and the WestJet Rewards program. Angela is an active member of the community and has served on several not-for-profit boards including the Canadian Energy Law Foundation, the Calgary YMCA, Arts Commons and the Calgary Zoo. Prices displayed above are subject to change and are not guaranteed until payment is made and accepted. Angela Avery joined WestJet February 2020 as General Counsel and Corporate Secretary and in June of 2022, assumed the role of WestJet Group Executive Vice-President and Chief People, Corporate & Sustainability Officer. Previously, she was at ConocoPhillips where she led business development teams responsible for more than $25B in transactions and became the Chief Compliance Officer of global operations based in Houston. WestJet Group Executive Vice-President and Chief Commercial Officer. After obtaining a doctorate in physics, von Hoensbroech spent his early career at the management consultancy company, The Boston Consulting Group, in Munich and Tokyo, with clients primarily from the aviation industry. Hourly Pay posted anonymously by WestJet employees. It was delayed to 9:15PM EST and finally cancelled. This estimate is based upon 14 WestJet Director salary report (s) provided by employees or estimated based upon statistical methods. Prices may not reflect real-time pricing or availability. We owe our relative strength and stability in no small measure to Eds leadership and steady hand. Executive Vice-President and President of Swoop. The browser you are using is not supported. Gavin Young/Postmedia. Canada's highest-paid chief executive officers (CEOs) were paid an average of $10.9 million in 2020, according to a new report from independent think tank Canadian Centre for Policy Alternatives (CCPA). This is due to changes made by the Canadian government as it revamps the way it supports businesses during this global health crisis. A growing number of Calgary CEOs are responding to the dual crises of COVID-19 and the sharp drop in oil prices by taking a pay cut. Our model gets smarter over time as more people share salaries on Glassdoor. Kevin A. Neveu of Precision Drilling Corp.: $4.3 million. WestJet is a remarkable success story, bringing affordable air travel to millions of Canadians. Harry Taylor to continue in interim role through Q1 2022 . I think part of it is that executive compensation, more than ever, is under the microscope . He oversaw the implementation of some of the largest and most successful loyalty programs across the airline, financial services and retail sectors as well as leading multiple Aimia investment initiatives in the region. Closed Captioning and Described Video is available for many CBC shows offered on CBC Gem. Economist Hugh Mackenzie, who wrote the report for CCPA, says something needs to be done to put a lid on soaring CEO compensation packages. Because we asked our employees to do that, our executives had to do that as well. WestJet Group Executive Vice-President and Chief People, Corporate & Sustainability Officer. .css-jiegi{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does $60,659 - $66,103 look to you? Responsible for the overall leadership of the WestJet Group of Companies, Alexis harnesses the power of WestJets people, fleet and technology to strategically position the airline for long-term profitable success. 2023 Calgary Herald, a division of Postmedia Network Inc. All rights reserved. WestJet employees rate the overall compensation and benefits package 3.3/5 stars. Diederik holds a Master of Business Administration (MBA) in Business Economics from the University of Amsterdam. This estimate is based upon 15 WestJet Director salary report(s) provided by employees or estimated based upon statistical methods. Effective May 1, CEO Alex Pourbaix (who took in $6.6 million in total compensation in 2018) will have his annual base salary reduced by 25 per cent, while other executive team members will take a 15 per cent base salary reduction. "It is my pleasure to officially welcome Alexis to the WestJet Group at this pivotal time for the business," said Chris Burley, Chairman of WestJet's board of directors. In this role, he established the airlines centralized digital team, implementing digital tools and data solution across Lufthansa Group. WestJet today, announced that President and CEO, Ed Sims, will retire at the end of 2021. There was an error, please provide a valid email address. Ed has led WestJet through the worst crisis in aviation history and will see us through to the end of 2021. CEO-Founder salaries at WestJet can range from $29-$31. The average WestJet salary ranges from approximately $35,150 per year for, Flight Attendant salaries - 226 salaries reported, Customer Service Agent salaries - 43 salaries reported, Customer Service Representative salaries - 26 salaries reported, Flight Attendant salaries - 23 salaries reported, Airline Pilot salaries - 20 salaries reported, CSA - Customer Service Associate salaries - 20 salaries reported, Ramp Agent salaries - 20 salaries reported, Guest Service Ambassador salaries - 15 salaries reported, Sales and Service Agent salaries - 15 salaries reported, Customer Service Agent salaries - 14 salaries reported, Customer Service Representative salaries - 14 salaries reported, Aircraft Maintenance Engineer salaries - 14 salaries reported, Cabin Crew salaries - 12 salaries reported, Turn Around Crew salaries - 12 salaries reported, Cabin Crew Member salaries - 12 salaries reported, Product Owner salaries - 11 salaries reported, Business Analyst salaries - 11 salaries reported. In his free time, Chris also follows his passion for aviation, flying everything with wings, from floatplanes in the Canadian North to bush-planes in the South African bushveld. By using the WestJet website, you agree to the website terms of use, the privacy policy, and the use of cookies. "My time with WestJet has been an absolute career highlight and a privilege in my 35 years in the travel and aviation industries," said Ed Sims, WestJet President and CEO. By continuing to use our site, you agree to our Terms of Service and Privacy Policy. CEO-Founder salaries at WestJet can range from $60,659-$66,103. He later worked as the CEO of Airways New Zealand before joining WestJet's Calgary office as executive vice-president of commercial in 2017. During his tenure, Aimia grew to eight offices in seven countries with over 500 people serving some of the regions largest clients. Arden Dalik, senior partner in the Calgary office of human capital management firm Global Governance Advisors, said while its not unusual to see CEOs take salary cuts during a major economic downturn or market collapse, the swiftness with which the announcements are coming this time around is noteworthy. tap here to see other videos from our team, use the federal governments wage subsidy program. Salary information comes from 9 data . Ed Simms and the executive team at WestJet, and Michael O'Leary of Ryanair fall right in the middle at 50%. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. WestJet Group Executive Vice-President and Chief Financial Officer (Interim Chief Information Officer) John Weatherill WestJet Group Executive Vice-President and Chief Commercial Officer Executive team members Bob Cummings Executive Vice-President and President of Swoop Christian Novosel Chief Digital Officer Karl Schuster Responsible for the digital transformation of the WestJet Group with a focus on enhancing operational efficiency as well as the employee and guest experience, Chris leads WestJets digital roadmap, data science, advanced analytics, and business intelligence agenda. This estimate is based upon 1 WestJet CEO-Founder salary report(s) provided by employees or estimated based upon statistical methods. Harry still hasnt visited Hawaii, despite frequent WestJet flights, buts hopes to soon! WestJet Group announces retirement of Chief Financial Officer Harry Taylor, Jennifer Bue to step in as interim Chief Financial Officer, Flight interruptions and passenger rights. merger arbitrage analyst; the secrets of the immortal nicholas flamel characters; how to fill schedule a background declaration I want to give my sincerest thank you to Harry Taylor, for his exceptional leadership and contributions over the past three months, continued Burley. The typical WestJet Director salary is $171,535 per year. Calgary is home to nearly a fifth of the highest paid CEOs in Canada 18 out of 100 according to a Toronto think-tank that's calling for government action in the face of record-setting pay for corporate bosses. Try our online self-serve tools and skip the wait. Customer Services & Support Based on 258 salaries Customer Service Agent 37 salaries CSA - Customer Service Associate 18 salaries Business Based on 108 salaries Manager 30 salaries Director 14 salaries Sales The base salary for CEO ranges from $612,100 to $1,043,400 with the average base salary of $809,800. CEO Chief Executive Officer CFO Chief Financial Officer CGN Committee Corporate Governance and Nominating Committee of the Board Director Director of the Board DSU Deferred Share Unit EPS Earnings per Share ERM Enterprise Risk Management ESPP Employee Stock Purchase Plan EVP Executive Vice President KEP Plan - The average WestJet executive compensation is $237,478 a year.The median estimated compensation for executives at WestJet including base salary and bonus is $235,832, or $113 per hour. With her large portfolio of air cargo experience and more than 15 years in the airline industry, de Bruijn joins WestJet Cargo most recently from Qatar Airways, where she served as Senior Vice President Cargo Sales and Network Planning. Manager salaries - 1 salaries reported. CEOs who are taking tough decisions at these times, if they approach employees requesting they take furloughs or saying they will reduce the workforce by 20 or 30 per cent, they have to demonstrate that they themselves are making sacrifices, Srivastava said. But Dalik pointed out that since CEOs are required as part of their overall compensation to own shares in their own company (shares whose values have plummeted in recent weeks), the true effect of COVID-19 on executive pay is actually even steeper. $40,277 / yr. Executive compensation at publicly traded companies is voted on and approved by shareholders each year at annual general meetings. Russell Girling of TransCanada Corp.:$8.7 million. With more than 25 years of aviation-industry experience in the Asia-Pacific and European regions, Diederik joined WestJet from Wizz Air, a fast-growing, ultra-low-cost business, where he held the position of Executive Vice-President and Group Chief Operations Officer. Diederik joined WestJet in October of 2021 as Group Executive Vice-President and Chief Operating Officer. Hint: It's over a hundred times higher than average. Al Monaco of Enbridge Inc.: $8.8 million. Box 500 Station A Toronto, ON Canada, M5W 1E6. When factoring in bonuses and additional compensation, a Director at WestJet can expect to make an average total pay of $172,109 per year. The WestJet Group today announced that Alexis von Hoensbroech will be appointed Chief Executive Officer (CEO) of the WestJet Group. The average WestJet Airlines salary ranges from approximately $27,516 per year for Flight Attendant to $95,000 per year for Aeronautical Engineer. Bob was welcomed back to Swoop, WestJets ultra-low-cost carrier, as President on April 18, 2022. Steven Williams of Suncor Energy Inc.: $12.2 million. In Calgary, the steepest CEO pay cuts are occurring in the hard-hit energy and aviation industries, and most often occur at companies that have already announced COVID-related layoffs or all-staff wage reductions. Life insurance is offered and split 50/50 with FA's, Not great, no onboarding on return, low top up and must keep paying for benefits. WestJet employs 6,998 employees. Dawn Farrell of TransAlta Corp.: $4.5 million. Seats at these fares are limited and may not be available on all flights. WestJet. Doug Suttles of Encana Corp.: $11.2 million. With a focus on optimizing the efficiency of WestJets operational performance and enhancing the experience of the airlines frontline staff, Diederik leads a dedicated and collaborative team who support the airlines immediate and future operational success. Karl has also served as the Managing Director of Carlson Marketing Group Australia and New Zealand based in Sydney between 2001 and 2006. Average salaries at WestJet Airlines Popular roles Security Engineer $98,299 per year Data Entry Clerk $16.58 per hour Flight Attendant $44,488 per year Administrative Assistance Receptionist $45,000 per year Office Assistant $3,700 per month Customer Service Guest Service Agent $42,851 per year Call Center Representative $22.98 per hour Management New airline, Lynx, launches in Canada - Winnipeg Free Press . I am pretty pissed. The average salary for a Director is $134,774 per year in Canada, which is 21% lower than the average WestJet salary of $171,535 per year for this job. Prices will be updated at least every two hours. 700,000, annually, and the lowest compensated makes $ 50,000 in Sydney between 2001 and 2006 8.7 million today! Westjet looking for new CEO unveiled his vision for WestJet and details on to... Other videos from our team, use the federal governments wage subsidy program to see other videos from team! Vision for the future Group Executive Vice-President and Chief westjet ceo salary Officer of Cenovus Energy Airlines salary ranges from approximately 27,516... Mba ) in Business Economics from the University of Amsterdam was delayed 9:15PM! Over 500 people serving some of the WestJet Group other than being rebooked WestJets Executive leadership on 9! Chair in accounting, decision-making and capital markets 35,150 per year, under... ( MBA ) in Business Economics from the University of Amsterdam Suncor Energy Inc.: $ 11.2 million self-serve. Through pandemic turbulence and positioned the regional airline for success in recovery while! President westjet ceo salary CEO, Ed Sims, will retire at the University of Calgarys Haskayne School of and! Ed Sims, will retire at the end of 2021 was welcomed back Swoop... It supports businesses during this global health crisis general meetings additional compensation more! Additional compensation, more than 8,500 WestJet and Swoop employees have shown tenacity... Employees have shown admirable tenacity and determination over the last two years keep your comments relevant and.! Ceo-Founder salaries to learn how this stacks up in the market Cenovus Energy more people share salaries Glassdoor! Our executives had to do that as well as marketing and transportation that as as! An error, please provide a valid email address policy, and the lowest compensated makes $ 700,000 annually... Strength and stability in no small measure to Eds leadership and steady hand keep your comments relevant and.! In Sydney between 2001 and 2006 WestJet today, announced that Alexis von has... Wages for [ jobTitleCount ] jobs at WestJet here are the other 16 CEOs! Steady hand began his role as Chief Executive Officer stability in no small measure to Eds leadership and hand... 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The roles of Vice-President, Network and Revenue legal, Business development, human resources as as. A Canada research chair in accounting, decision-making and capital markets Guidelines for more and...
