Tuesday, February 16, 2010
C-Suite Survey: 2009 in Review and the Challenges of 2010 and Beyond
This quarterly C-Suite Survey of over 158 chief executive officers, chief financial officers and chief operating officers was conducted between November and December 2009 by the Gandalf Group. It was published by The Globe and Mail and Business News Network, with sponsorship by KPMG Canada. The report covers their views on: a look back on 2009, the year ahead, executives’ salaries, federal finances and managing with deficits, and U.S. and Canadian leadership. A review of 2009 sees executives’ assessments of the economy completely turn around. In February 2009, executives were in the grips of a recession. Now most are predicting modest economic growth for 2010. The majority agree the markets rallied faster than expected in 2009. One in three now predict strong growth for their companies. Most expect their companies to pay out bonuses, yet the majority also agree that the recession demonstrated executive pay had become too generous. (Read the C-Suite Survey: 2009 in Review and the Challenges of 2010 and Beyond.)