Canadian insurer Manulife (MFC -1.4%) gave its CEO Donald Guloien a 21% raise in 2012. Guloien...

|About: Manulife Financial Corporation (MFC)|By:, SA News Editor

Canadian insurer Manulife (MFC -1.4%) gave its CEO Donald Guloien a 21% raise in 2012. Guloien made $10.17M last year including stock, options, and cash bonuses. The company says the pay hike is well deserved as Guloien has guided it through a rebuilding process. Guloien may be set to make even more in the future as his pay is still "slightly below the median of [the company's] peer group."