Uranium CEO hit the payroll jackpot!

Interesting bit here, from Larry Hubichs Blog: Saskatchewan CEOs hit the payroll jackpot.  At the top of the heap, the CEO of the uranium giant, CAMECO.

This article in the Friday, Nov. 16, 2007 Regina Leader-Post reveals that a number of Saskatchewan based CEO’s hit the payroll jackpot last year.

According to the article, which quotes the Financial Post Business magazine, the following CEO’s received compensation last year as listed below:

Gerald Grandey, CEO of Cameco Corp.: $7.6 million
William Doyle, CEO of Potash Corp. of Sask.: $3.6 million
Mayo Schmidt, CEO of Sask. Wheat Pool (Viterra): $3.3 million

That 7.6 million, if divided among the people who live in Saskatchewan’s north (where the uranium mining takes place), would mean an extra $200  per year in the pockets of the residents.  And, given the price of groceries, that might mean something.

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