"New Canadian Pacific CEO gets $49M in first 6 months

The new head of Canadian Pacific railway received a compensation package totalling more than $49 million during his first six months on the job, most of it to make up for pension and other payments that his previous employer refused to pay when he took the top job at the rival railway.

Hunter Harrison was appointed CEO at the end of June after a bitter fight with Canadian Pacific's largest shareholder.

Harrison's direct compensation, including a $1-million base salary, totalled $4.1 million in 2012, according to information posted ahead of the company's May annual general meeting.

There was another $44.5 million to make Harrison "whole" for pension, restricted stock unit and other payments that Canadian National Railway refused to pay."

http://www.cbc.ca/news/canada/...an-pacific-comp.html