RBC Sets CEO McKay 2025 Compensation at C$22.1 Million
Royal Bank of Canada set CEO Dave McKay's 2025 pay at C$22.1 million after earnings rose 25 percent. The total pay is 30 percent above his annual target.
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Royal Bank of Canada has set the total compensation for Chief Executive Officer Dave McKay at C$22.09 million ($16.12 million) for the 2025 fiscal year. According to a regulatory filing, this amount is 30% higher than the target established for the year, reflecting the bank's strong financial performance.
