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BCE’s Cope saw pay package rise to $11.1-million last year

File photo of George Cope, chief executive officer of BCE Inc.

Peter Power/The Globe and Mail

George Cope, president and chief executive officer of BCE Inc., earned total compensation of $11.1-million last year, up from $9.61-million in 2011.

The company's management proxy circular says Mr. Cope's base salary in 2012 was $1.25-million, the same as in the previous year.

His pay package for 2012 includes share-based awards, option-based awards, a non-equity incentive plan and pension value.

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Mr. Cope, who became president and CEO in 2008, has seen his total compensation increase from $3.8-million in 2009 and $4.26-million in 2010.

Chief financial officer Siim Vanaselja's total pay packet in 2012 was valued at $3.23-million, compared with $3.05-million in 2011.

BCE is scheduled to hold its annual general meeting of shareholders May 9 in Toronto.

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About the Author
Quebec Business Correspondent

Bertrand has been covering Quebec business and finance since 2000. Before joining The Globe and Mail in 2000, he was the Toronto-based national business correspondent for Southam News. He has a B.A. from McGill University and a Bachelor of Applied Arts from Ryerson. More

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