Rogers Communications Inc. paid its outgoing CEO Guy Laurence a total of $42.6-million for his three years with the company, according to a new financial filing.
The Toronto-based telecommunications and media company says it paid Mr. Laurence $13.5-million in “separation payments” last year. That included a lump-sum severance payment as well as the accelerated vesting of stock-option awards granted to attract the former chief executive of Vodafone UK Ltd. to Rogers in December, 2013.
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