Hudson’s Bay CEO’s compensation raises experts’ eyebrows

TORONTO — Hudson’s Bay Co. CEO Helena Foulkes’s $29.4 million compensation package is facing scrutiny from governance specialists, the Canadian Press reports. The package is one of the highest among Canada’s publicly traded companies last year, yet the company is not among the country’s largest. Shares of HBC have fallen by 35% since Foulkes took the helm in February of last year. The sum has, however, received the green light from shareholders, who approved it in a say-on-pay vote.