2023 SUMMARY OF AMOUNTS ACTUALLY RECEIVED BY NEOS
The gross (pre-tax) amounts actually received by NEOs during the applicable fiscal year are summarized below. The actual amounts realized upon the exercise of stock options and the settlement of any share-based awards by each of the NEOs follows:
Share-Based Awards (1) ($)
Stock Option- Based Awards (2) ($)
All Other Compensation (4) ($)
Total Compensation ($)
STIP Award (3) ($)
Salary ($)
Year
2023
820,000
518,983
-
689,300
219,276
2,247,559
Christopher H. Fowler President and CEO
2022
815,000
918,427
-
985,000
202,805
2,921,232
2021
800,000
757,768
1,048,533
607,200
179,396
3,392,897
2023
390,000
64,941
-
229,700
49,680
734,321
R. Matthew Rudd CFO
2022
351,250
67,522
-
260,600
37,788
717,160
2021
316,166
163,607
-
110,000
30,733
620,506
2023
505,050
200,851
-
309,500
113,387
1,128,788
Stephen H.E. Murphy Group Head, CPW
2022
457,375
368,913
943,883
444,000
96,035
2,310,206
2021
448,900
297,036
-
272,500
81,516
1,099,952
2023
360,000
68,342
-
232,400
236,542
897,284
M. Carolina Parra (5) CRO
2022
346,438
-
-
-
676,512
1,022,950
2021
-
-
-
-
-
-
2023
347,500
93,913
-
183,600
45,325
670,338
Jeffrey I.L. Wright Group Head, CS&SB
2022
315,373
137,991
-
217,435
33,126
703,925
2021
275,740
203,922
-
129,880
27,586
637,128
(1) Share-based awards includes actual PSU and RSU payout amounts received. (2) For stock option-based awards, the value is determined based on the number of stock options exercised multiplied by the difference between the exercise price and the closing price of CWB common shares on the TSX on the date the exercise request was received. (3) Reflects the STIP received during the fiscal year, but awarded in respect of performance in the prior fiscal year. (4) “All Other Compensation” includes CWB's contribution to the ESPP, contribution to the Group RRSP, the value of notional contr ibutions to the Supplemental Retirement Plan, the value of one-time signing bonus installment, and certain other immaterial amounts. It does not include perquisites or other personal benefits provided to the NEO that are generally available to all employees, or that do not exceed the lesser of $50,000 or 10% of the total salary for any of the NEOs. (5) Share-based awards for Ms. Parra include actual RSU payout amounts received only.
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