Thanks for the long hand of my link Keke.
The interesting thing is not really what he's going to be paid, nor Bill's salary. Bill was the CEO of a private company, of course he had no options hence the bigger cash bonus. With CHC's stock price in the toilet, Karl can't lose on his options. As the exercise price seems to be 9 Feb then he could be in business big time if he succeeds in cleaning house a bit.
Going back to the title of the thread, what do we think the outcome might be? BRS have shut down some business units in response to the slowdown.
CHC need to rationalise their legacy fleet, they carry far too many types and unused / idle heavies. They seem to have moved a whole load of people to Texas but kept Vancouver open. I wonder if the new boss will ever use the Vancouver office. I heard Bill didn't. PLenty of savings to be had if they just keep the leaders in the same office rather than all over the place flying to see each other....
Wonder if there is a conveyor belt of the good people job hunting already?