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.
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.