Executive sweet deals: investors ponder dollar value of a boss

As spring flurries of corporate proxy circulars bring their annual tidings of executive hyper-affluence, Canadian investors are left with the questions: What makes someone worth $93 million a year? Or $50 million? Over even $5 million?

"When you're getting into mid and high double-digit millions, there's a problem," says Tom Caldwell, chairman of Caldwell Securities Ltd.

"Not only is it exorbitant and abusive; the other thing is that some of these folks start to believe that they're actually worth it - that's the real danger," Caldwell added.

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