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Metro pays out near-maximum bonuses to executives after topping profit targets
Metro Inc. paid out near-maximum bonuses to its top executives, saying that while the COVID-19 pandemic indeed fuelled a rise in sales in the past year, the supermarket chain was well on its way to topping its profit targets anyway.The top five best-paid Metro executives received a combined total of $3.48-million in annual bonuses for the fiscal year the company completed on Sept. 26, including $1.43-million for chief executive Eric La Flèche. The bonuses were 3 per cent to 5-per-cent higher than the prior year.The Quebec-based grocer is the first major Canadian company that experienced a...…Metro Inc. paid out near-maximum bonuses to its top executives, saying that while the COVID-19 pandemic indeed fuelled a rise in sales in the past year, the supermarket chain was well on its way to topping its profit targets anyway.The top five best-paid Metro executives received a combined total of $3.48-million in annual bonuses for the fiscal year the company completed on Sept. 26, including $1.43-million for chief executive Eric La Flèche. The bonuses were 3 per cent to 5-per-cent higher than the prior year.The Quebec-based grocer is the first major Canadian company that experienced a...WW…
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