Bank of Montreal CEO Takes Third Straight Pay Cut on Missed Financial Targets
Darryl White, chief executive officer of BMO Financial Group.
Photographer: Cole Burston/BloombergThis article is for subscribers only.
Bank of Montreal Chief Executive Officer Darryl White and other executives saw their pay fall in 2024 as the bank dealt with elevated loan losses throughout the year.
White received C$8.5 million ($5.9 million) in variable pay, which was 80% of his targeted amount, as well as a C$1.1 million base salary.