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Canadian Pacific Railway Cuts Executive Perks After Criticism

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Canadian Pacific Railway is cutting back on perks for its top executives and changing the way they’re paid in response to shareholder frustration over C-suite compensation. In a regulatory filing, the Calgary-based company (TSX:CP) says it will place greater emphasis on safety and operating income to incentivize executives. CP says operating ratio, an efficiency measure, will have less bearing on executive compensation going forward...

Mentions: Jamie Dimon stock options Canadian Pacific Railway