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Federal minister intervened on pay for infrastructure bank CEO; Champagne applied his own 'broader criteria' but involvement 'a matter of cabinet confidence'

Sep 19, 2019 - The Globe and Mail (Canada)

Infrastructure Minister François-Philippe Champagne intervened in a decision by the Canada Infrastructure Bank's independent board regarding the performance pay of the bank's CEO, according to documents obtained by The Globe and Mail.

The documents show that, rather than accepting the board's recommendations, the minister applied his own "broader criteria" to assess Pierre Lavallée's performance.

How that intervention affected the chief executive's total compensation - if at all - ...