about the food industry and issues within the food industry. Committee members also participated in various Calgary Co-op events including Stampede Week breakfasts, Seniors’ Day and the grand opening of Quarry Park Centre.
Performance and Compensation Committee Board committee members: Rick Smith, Chair; Barry Ashton; Randy Kott; Roy Goodall. Ex officio: Stuart Cantrill; Deane Collinson. Management resource: Rick Noonan. The committee met ten times during the year to review Board compensation and prepare recommendations for consideration by members at the Annual General Meeting in March 2010. The committee also reviewed employee compensation programs, including the new collective agreement, and reviewed short and long term performance and compensation/incentive plans.
Other Representation Each year, Board members and senior management participate on a number of other committees and/or organizations on behalf of Calgary Co-op. These include:
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Calgary Co-op Home Health Care Limited: Lisa Wise; Deane Collinson; Barry Heinrich; Jeff Ambrose; Rick Noonan.
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Calgary Co-op Wines & Spirits Limited Board: Barry Ashton; Deane Collinson; Barry Heinrich; Jeff Ambrose; Rick Noonan.
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Calgary Co-op Trust Fund: Trustees: Randy Kott; Rick Smith; Roy Goodall. Management Trustees: Barry Heinrich; Llyle Toews, Chair.
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The Produce People Board of Directors: Stuart Cantrill; Deane Collinson.
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The Alberta Community and Co-operative Association: Rick Smith; Terry Geib (alternate).
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AGM Management Committee: Terry Geib; Donna Burn, Chair; Stuart Cantrill, Ex officio.
2010 Annual Report
Board Remuneration and Annual Purchases Board remuneration for the 2010 financial year (November 2009 through October 2010) was based on compensation recommendations approved by members at the 2007 and 2008 annual general meeting, as well as recommendations presented to and approved by members at the 53rd annual general meeting in March 2010. A copy of this presentation can be found in the Board of Directors section at www.calgarycoop.com. Each Board member continues to maintain or surpass the $2,400 requirement in annual purchases at Calgary Co-op to be eligible for election to the Board. The following reflects remuneration paid to directors and the purchases made by each active director in the 2010 financial year. Director Annual Remuneration Purchases 2010 2009 2010 $ 35,672 $ 24,073 $ 31,622.44 Barry Ashton 30,237 19,873 5,306.66 Johanna Bates 81,785 76,640 8,914.46 Stuart Cantrill (Chair) 37,081 35,473 32,637.80 Terry Geib 23,507 8,604.23 Roy Goodall1 5,180 18,650 N/A3 Alex Ingram2 37,935 16,913 7,168.03 Myra D’Souza Kormann 22,548 4,341 17,741.28 Randy Kott 1 36,931 14,540 11,939.41 Rick Smith 7,027 20,698 N/A3 Laura Sullivan2 32,902 23,098 18,630.81 Lisa Wise $ 350,805 $ 254,299 Total Remuneration Less: FCL Conference (3,495) (5,359) Fee Reimbursement Total Remuneration $ 347,310 $ 248,940 from Calgary Co-op Notes: 1. Remuneration for period March 10 through October 2010. Director’s term commenced March 2010. 2. Remuneration for period November 2009 through March 2010. Director’s term ended March 2010. 3. The 2010 Annual Purchases are only reported for those Directors currently sitting on the Board.