Wynne defends bonuses for executives organizing 2015 Pan Am Games in Toronto | iNFOnews | Thompson-Okanagan's News Source

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Wynne defends bonuses for executives organizing 2015 Pan Am Games in Toronto

Ontario Premier Kathleen Wynne is shown in Toronto Monday, September 16, 2013. Wynne is defending a $7-million bonus package for 63 executives organizing the Toronto 2015 Pan Am Games.She says the compensation structure was put together as a way of being competitive with all the other cities that were bidding on the Games. THE CANADIAN PRESS/Mark Blinch
October 07, 2013 - 7:54 AM

TORONTO - Premier Kathleen Wynne is defending a $7-million bonus package for 63 executives organizing the Toronto 2015 Pan Am Games.

She says the compensation structure was put together as a way of being competitive with all the other cities that were bidding on the Games.

Wynne says people may think the bonuses are "out of whack" compared to other projects, but the province needed to be competitive.

Ian Troop, CEO of the Pan Am committee, will be eligible for a $780,000 bonus if the Games come in on budget and on time.

He was paid a base salary of $390,000 last year plus an $87,000 bonus.

Wynne says people should be celebrating that Toronto won the Games.

News from © The Canadian Press, 2013
The Canadian Press

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