The Globe and Mail reports in its Friday, May 10, edition that GFL Environmental paid its founder and chief executive officer Patrick Dovigi $68.46-million in 2023, drawing criticism from two proxy advisory firms. The Globe's David Milstead writes that Institutional Shareholder Services and Glass Lewis & Co. recommended that shareholders register their dismay with the GFL directors who approved the pay. The proxy advisers recommend a "no" vote on GFL's executive compensation, known as "say on pay." They both also recommend withholding votes from the four members of the board who serve on GFL's compensation committee, which ISS says "has failed to adequately address pay-for-performance concerns over multiple years." For four consecutive years, the proxy advisers have recommended institutional investors to vote against GFL's non-binding say-on-pay measure. However, for the fourth year in a row, it is expected that shareholders will approve the pay measure during the upcoming annual general meeting. Mr. Dovigi and two institutional shareholders, including Ontario Teachers' Pension Plan, own almost half of the votes in the company. Mr. Dovigi is the sole owner of a class of shares with 10 votes each.