Three former ICBC executives earned a total of roughly $1 million in the financial year 2017-2018
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Mark Blucher, former president and chief executive officer, received a total compensation of $320,260.
Geri Prior, former chief financial officer, earned $415,685, while Barbara Meens Thistle, former vice president, central services, pulled in $274,021.
These figures for former ICBC executives added up to just over $1 million and accounted for about a third of total compensation that ICBC executives received in 2017-2018.
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, replacing Don Wright, who left the credit union to head the public service in British Columbia.
, while
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Bill Carpenter, chief financial officer and chief actuary, led all all current ICBC executives with a total compensation of $404,469, followed by Kathy Parslow, vice president for claims and driver licensing, who earned $397,768, and Nicolas Jimenez, interim president and chief executive officer, with $382,132.
While executive pay represents just a part of the larger financial issues currently confronting ICBC, a 2012 auditorB´ÎÔª¹ÙÍøÍøÖ·™s report raised considerable concern about excessive compensation for executives.
wolfgang.depner@saanichnews.com
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