Michael Sabia

From Wikipedia, the free encyclopedia

Michael John Sabia BA, MA, MPhil (born 1953) is the CEO of Bell Canada and Bell Canada Enterprises. He once served in the Privy Council Office (Canada) or (PCO).

Sabia, the son of the feminist Laura Sabia, was an executive of Canadian National Railway in the 1990s and fill roles such as Vice-President, Corporate Development and Executive Vice-President and Chief Financial Officer.

Sabia held a number of senior positions in the federal public service, including:

  • Director-General of Tax Policy in the Department of Finance
  • Deputy Secretary to the Cabinet (Plans) of the Privy Council Office.

On April 28, 2006, BCE announced that CEO Michael Sabia was taking a 555% pay increase, his salary being raised from $1.21 million CAD a year to $6.71 million CAD a year. The pay included a $1.25 million CAD salary, a $2.2 million CAD bonus that Sabia converted to deferred share units, a long-term incentive payout of $3 million CAD and other compensation, the filing shows. Bell Canada also posted record revenue increases for the previous fiscal year.

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