On salaries posted 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. Responsible for the safety and daily operations of the WestJet Group, Diederik oversees flight operations, inflight, airports, technical operations, general operations, crew resources and training. Prices will be updated at least every two hours. Because we asked our employees to do that, our executives had to do that as well. 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. Overall Benefits Rating.css-11cfy92{color:#0caa41 !important;}1. A video message from Ed Sims, WestJet President and CEO "The global pandemic and the ongoing travel restrictions have separated so many of us for so long from loved ones. The report, called "Another Year in Paradise: CEO Pay in 2020," reviewed the earnings of . IT Department. We owe our relative strength and stability in no small measure to Eds leadership and steady hand. During his tenure, Aimia grew to eight offices in seven countries with over 500 people serving some of the regions largest clients. Glassdoor has millions of jobs plus salary information, company reviews, and interview questions from people on the inside making it easy to find a job thats right for you. .css-jiegi{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does $60,659 - $66,103 look to you? WestJets competitor, Montreal-based Air Canada, has announced that CEO Calin Rovinescu will not draw any salary for the duration of the pandemic crisis. See all CEO-Founder salaries to learn how this stacks up in the market. CALGARY, AB, Dec. 17, 2021 /CNW/ - The WestJet Group today announced that Alexis von Hoensbroech will be appointed Chief Executive Officer (CEO) of the WestJet Group. WestJet's new CEO, Alexis von Hoensbroech, brought together managers from across the airline on Wednesday to discuss how he sees the Canadian airline moving forward. Glad we could help! Harry Taylor, interim CEO, will continue in the role until that timeand thenresume hisrole as Executive Vice-President Finance and Chief FinancialOfficer. {external-icon} Indicates external site which may or may not meet accessibility guidelines and/or be translated. The second-largest carrier in Canada, WestJet Airlines, has informed its employees that receive government wage subsidies that their pay could be reduced by 53% beginning September 27th. When factoring in bonuses and additional compensation, a Director at WestJet can . 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. Calgary is home to nearly a fifth of the highest paid CEOs in Canada, according to a Toronto think-tank that's calling for government action in the face of record-setting pay for corporate bosses. 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. In her role, Angela is responsible for a strategic set of complementary functions that support the WestJet Groups businesses and the communities they serve including, People and Culture, Communications, Legal, Government, Regulatory, Community Investment, and Environment, Social and Governance (ESG). We apologize, but this video has failed to load. Employees also rated WestJet 3.2 out of 5 for work life balance, 3.6 for culture and values and 3.4 for career opportunities. This website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Prior to joining WestJet, Karl spent five years as CEO of Virgin Australia Group and Affinity Private Equitys Velocity Frequent Flyer Programme. Try our online self-serve tools and skip the wait. The next highest-paid Calgary boss was Shaw Communications Inc. CEO Bradley Shaw, who took home $13.1 million with a base salary of $2.5 million, a $5.9-million bonus and the remaindercomprised of pension and other benefits. I am pretty pissed. 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. {external-icon} Indicates external site which may or may not meet accessibility guidelines and/or be translated. Less than a year later, he was appointed CEO. 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. All rights reserved. {external-icon} Indicates external site which may or may not meet accessibility guidelines and/or be translated. With the WestJet transaction closing in December 2019 and the pandemic hitting Canada in February the following year, we had only a few weeks between closing and the onset of the pandemic and its hard to overstate the importance of Eds leadership through this exceptionally challenging period. .css-jiegi{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does CA$29 - CA$31 look to you? All rights reserved. With more than 25 years legal and commercial leadership experience, Angela joined WestJet from Athabasca Oil Corporation, where she was General Counsel and Vice-President, Business Development. The initiative by WestJet is along the same lines as one launched by IATA almost half a year ago. This estimate is based upon 1 WestJet CEO-Founder salary report(s) provided by employees or estimated based upon statistical methods. Copyright 20082023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. { "name": "Native_infosite_salary_detail_fluid_en-CA","id": "div-AdSlot-ld2e8gfk", "fluid": true }, average salary for a Director is $134,774 per year in Canada. There was an error, please provide a valid email address. Check out the latest WestJet Jobs & Careers. Following the acquisition of Carlson Marketing by Canadas Aimia (Aeroplan) in late 2009, Karl re-located to Singapore to oversee the development of Aimia's business in Asia. Harry joined WestJet as Executive Vice-President and Chief Financial Officer (CFO) in October 2015. I think part of it is that executive compensation, more than ever, is under the microscope . WestJet employees attributed a compensation and benefits rating of 3.3/5 stars to their company. John and his teams commercially driven efforts deliver $5 billion in annual guest revenue. At Trican Well Services Ltd. where employees were asked in late March to move to a reduced work week or job-sharing to reduce operational expenses the executive team and board of directors have taken a 20 per cent reduction in cash compensation. That is something new, in terms of the priority and speed of it, Dalik said. Check out the latest WestJet Jobs. 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. Through the COVID-19 pandemic, Harry led WestJets Finance team in managing its liquidity to position the airline for recovery. At WestJet Airlines, CEO Ed Sims (who took the reins at the company in 2018 and according to the company's proxy circular was entitled to $3.4 million in total compensation that year), as well. 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. Unauthorized distribution, transmission or republication strictly prohibited. Harry began his career in professional services, serving clients for McKinsey & Company for five years and Ernst & Young for three years. He later worked as the CEO of Airways New Zealand before joining WestJet's Calgary office as executive vice-president of commercial in 2017. Glassdoor provides our best prediction for total pay in today's job market, along with other types of pay like cash bonuses, stock bonuses, profit sharing, sales commissions, and tips. Saretsky joined the company in 2009 as vice-president of WestJet Vacations, and later that year became executive vice president of operations. Prices will be updated at least every two hours. Bob was welcomed back to Swoop, WestJets ultra-low-cost carrier, as President on April 18, 2022. Prior to Central Mountain Air, Bob spent 13 years with WestJet, spanning several notable Executive Vice-President positions, including President of Swoop in 2018, where he was responsible for the start-up and launch of Canadas first successful ultra-low-cost airline. Westjet just cancelled my 8PM EST flight from Toronto to New York. its an easy thing to vilify., But Dalik said she believes that for many CEOs, taking a pay cut is more than just a PR exercise., Of course they dont want negative press, she said. "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. The lowest-paying job at WestJet is a Flight Attendant Bilingual with a salary of $35,150 per year. Many CEOs are taking cuts to their base salary only. Box 500 Station A Toronto, ON Canada, M5W 1E6. 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 Kevin A. Neveu of Precision Drilling Corp.: $4.3 million. Read more about cookies here. We'll redirect you to the home page of the country/region site you choose. Sign up to receive daily headline news from the Calgary Herald, a division of Postmedia Network Inc. A welcome email is on its way. The next issue of Calgary Herald Headline News will soon be in your inbox. He earned a base salary of $2.8 million, a $6-million bonus, plus shares, options and other perks worth another $11.1 million. In 2006, he was promoted to President of the Asia Pacific region. Hint: It's over a hundred times higher than average. $43,491 / yr. Bilingual Customer Service Representative salaries - 1 salaries reported. See if they're hiring! Ed Sims is Former President/CEO at Westjet Airlines Ltd. See Ed Sims's compensation, career history, education, & memberships. Seats at these fares are limited and may not be available on all flights. Prices displayed above are subject to change and are not guaranteed until payment is made and accepted. Copyright 20082023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. { "name": "Native_infosite_salaries_fluid_en-US","id": "div-AdSlot-ld2e84ij", "fluid": true }. Moving forward, he will continue in a senior advisory role with Onex Partners focused on aerospace and aviation. In June, the new CEO unveiled his vision for WestJet. Alexis understands WestJets low-cost roots and the importance of cost competitiveness in our vision for the future. 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. Seats at these fares are limited and may not be available on all flights. The browser you are using is not supported. But the good ones want to show their employees and shareholders that look, were hurting too. Its a way of getting across the message that were all in this together. . The browser you are using is not supported. Before joining WestJet, John was Executive Vice-President, Route Development at InterVISTAS Consulting. On a personal note, were pleased that Ed will be able to rejoin his family in New Zealand at the end of the year.. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. A free inside look at WestJet salary trends based on 1 salaries wages for [jobTitleCount] jobs at WestJet. WestJet president and CEO Ed Sims, left, and Tawfiq Popatia, a managing director at Onex Corp., stand next to one of the engines of a Boeing 787 Dreamliner in Calgary on May 13, 2019. Prices may not reflect real-time pricing or availability. The think-tank then calculated numbers based on the 100 people at the top of that list. Please see our supported browsers. How much do WestJet employees make? 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. Most recently, as CEO and CFO of Austrian Airlines, herestructured the airline and its network to compete with ULCC competition in Austria and successfully led the company through the COVID crisis. "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.". The browser you are using is not supported. Know Your Worth. 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. - 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. Alexis spent his early career at The Boston Consulting Group, working out of their Munich and Tokyo offices, with a strong focus on clients from the aviation industry. Led the organization through the largest private equity deal in aviation history with the purchase of WestJet by Onex. We have enabled email notificationsyou will now receive an email if you receive a reply to your comment, there is an update to a comment thread you follow or if a user you follow comments. Kirsten joined WestJet in April 2022 as Executive Vice-President Cargo. WestJet today, announced that President and CEO, Ed Sims, will retire at the end of 2021. See the latest salaries by department and job title. Prices may not reflect real-time pricing or availability. 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. 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 }. "I've been tracking CEO pay in Canada for 10 years and nothing has changed," Mackenzie said in a release. Prices will be updated at least every two hours. 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. How much do WestJet employees make? But while cutting a CEOs salary may have very little effect on a companys ability to financially weather these difficult times, it is an important symbolic move, he said. Of 2021 jobs at WestJet is along the same lines as one launched by IATA almost half a year,! Pandemic, harry led WestJets Finance team in managing its liquidity to position the airline recovery! Customer Service Representative salaries - 1 salaries wages for [ jobTitleCount ] at... By department and job title was an error, please provide a valid email address a Toronto on. Half a year ago # x27 ; s over a hundred times higher average. Of the priority and speed of it, Dalik said the end of 2021 fares limited... 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