Intimate texts exchanged between an ousted Royal Financial institution of Canada boss and her junior colleague have been revealed amid the newest spherical of authorized wrangling over their secret workplace relationship.
Canada’s greatest lender fired its CFO Nadine Ahn in April after uncovering an alleged decade-long courtship together with her subordinate Ken Mason, who reportedly acquired promotions and raises because of the connection.
Ahn, 53, retaliated with a $50 million wrongful dismissal lawsuit earlier this month – however the financial institution hit again on Friday with a counterclaim in search of $4.5 million in ‘extra compensation’ paid to Mason, 57, per Bloomberg.
The newest lawsuit revealed textual content messages exchanged between Ahn and Mason, who swapped romantic poetry and ‘fantasized a couple of life collectively, comparable to studying in mattress collectively’ in response to the financial institution.
RBC stated additionally referred to one another utilizing pet names – ‘Prickly Pear’ for Ahn and ‘KD’ for Mason – who has additionally filed a $20 million wrongful termination lawsuit whereas denying any shut relationship with Ahn.
Canada’s greatest lender fired its CFO Nadine Ahn (pictured) in April over a longtime secret relationship together with her subordinate, Ken Mason, 57, who reportedly acquired promotions and raises because of the connection
Raunchy texts exchanged between an ousted Royal Financial institution of Canada boss and her junior colleague have been revealed amid a bombshell lawsuit
The financial institution claims Ahn started an intimate relationship with Mason, an govt within the financial institution’s company treasury group, as early as 2013, and it continued up till her departure earlier this 12 months.
‘Ms. Ahn forwarded romantic poetry to Mr. Mason, expressing that she had fallen in love with Mr. Mason when she first noticed him,’ in response to the lawsuit filed with the Ontario Courtroom of Justice.
‘Ms. Ahn and Mr. Mason continued to usually see one another exterior of the workplace throughout this time interval, arranging a lunch on August 18, 2017 to rejoice their ‘fourth anniversary.’
The financial institution additionally offers examples of ‘intimate communications’ between the pair. ‘On March 11, 2019, Ms. Ahn messaged Mr. Mason to say, ‘I like you.’ Mr. Mason responded 15 seconds later, ‘I like you too’,’ per the submitting.
Ahn was promoted to CFO in 2021, and RBC accuses her of utilizing the place to coordinate promotions and pay rises for Mason – one thing he allegedly known as ‘Mission Ken’.
RBC claims her interventions led to him receiving compensation will increase equating to a 58 % rise over the 2 fiscal years following her promotion, and she or he promoted him to vp and head of capital and time period funding in 2023.
Intimate texts exchanged between an ousted Royal Financial institution of Canada boss and her junior colleague have been revealed amid the newest spherical of authorized wrangling over their secret workplace relationship
Ahn can also be accused of sharing confidential info together with her lover, together with the draft of a speech which was on account of be given by CEO Dave McKay.
The pair additionally used calendar invitations to rearrange ‘liquidity conferences’, a code for cocktail plans, in response to RBC.
At one ‘liquidity assembly’ they wrote notes about their drink orders and different matters together with ‘live performance, night time out, vineyard’ on a coaster at Canoe, a ritzy restaurant in Toronto’s monetary district.
Mason encased the coaster in plexiglass and stored it in his workplace, in response to RBC.
The messages had been sourced from the financial institution’s inner messaging programs, which the pair usually used to speak together with their private gadgets.
RBC stated it launched an investigation after receiving an nameless whistle-blower grievance that Ahn and Mason had been engaged in an intimate relationship.
Attorneys for Ahn and Mason didn’t instantly reply to requests for touch upon the countersuit.
In her wrongful termination lawsuit, Ahn stated the financial institution’s allegations had been ‘patently false’ and her successes, profession and repute had been destroyed instantly by the financial institution.
Katherine Gibson was named interim CFO as a alternative search begins
A spokesperson for RBC stated on Friday it had been disenchanted to study the allegations had been true.
Ahn was a ‘extremely revered member’ of the manager workforce with fiduciary obligations and the financial institution had ‘nice confidence in her talents,’ the spokesperson stated.
‘Opposite to the statements of declare from Ahn and Mason, the investigation confirmed there was an undisclosed shut private relationship, and that Ahn misused her authority as CFO to instantly profit Mason,’ the spokesperson stated in an announcement, including that every one senior executives have an obligation to observe its code of conduct.
RBC paid Ahn some $3million USD in fiscal 2023, a determine that represented a 25 % wage improve from the 12 months prior.
On the time she was appointed in 2021 to her now-former position, Ahn was the one feminine CFO at any of the Large Six Canadian banks.
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