1. Bombardier Looks to Scrap Exec Compensation Plan on Regulator’s Recommendation

    Bombardier Looks to Scrap Exec Compensation Plan on Regulator’s Recommendation

    MONTREAL — Bombardier Inc. said Friday it will follow the urging of Quebec’s financial market regulator and scrap a controversial executive compensation plan. The announcement followed a review by the Autorite des marches financiers that found the plane-and-train maker’s roll-out of its Automatic Stock Disposition Plan in August did not breach securities law, but likely incurred a negative perception...

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    1. In the opinion of the AMF, the rapidly evolving situation at Bombardier Inc. shortly after the ASDP was implemented combined with the brief period between its implementation and the start of transactions and the significant volatility in the company's forecasts and earnings led to a negative perception of the plan.
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