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CEO pay took its biggest nosedive since the financial crisis
2016-04-08 18:46:23| Oil & Gas - Topix.net
That's according to The Wall Street Journal's Theo Francis and Joann S. Lublin , who report that median compensation came in at $10.8 million - down 3.8% from $11.2 million the year before. Johnson and Johnson CEO Alex Gorsky's pay dropped 4.8% to $23.8 million from $25 million in 2014, according to the report.
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CEO Pay Shrank Most Since Financial Crisis
2016-04-08 14:48:37| Chemicals - Topix.net
Compensation for the chief executives of the biggest U.S. companies fell more sharply last year than any year since the financial crisis, as weaker corporate performance slowed cash bonuses and accounting rules pared back pension growth. Median pay for the CEOs of nearly 300 large publicly traded companies slipped 3.8% to $10.8 million last year from $11.2 million in 2014, a Wall Street Journal analysis of compensation data from MyLogIQ found.
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Oil Search CEO suffers $US1m pay cut
2016-04-08 08:18:01| Energy - Topix.net
Oil Search boss Peter Botten's annual pay packet has slimmed by about $US1 million as the company swung to an annual loss in 2015 amid plunging oil prices. The managing director of the operator of the massive Papua New Guinea LNG project received remuneration worth $US4.69 million in 2015, down from $US5.7 million in 2014, the company's annual report shows.
Oil Search CEO suffers $US1m pay cut
2016-04-08 04:16:43| Oil & Gas - Topix.net
Oil Search boss Peter Botten's annual pay packet has slimmed by about $US1 million as the company swung to an annual loss in 2015 amid plunging oil prices. The managing director of the operator of the massive Papua New Guinea LNG project received remuneration worth $US4.69 million in 2015, down from $US5.7 million in 2014, the company's annual report shows.
Exxon Mobil to pay New York $10.75 mln for oil spill cleanup
2016-04-07 23:57:51| Oil & Gas - Topix.net
Exxon Mobil Corp will pay $10.75 million to reimburse New York state for oil spill cleanup and petroleum contamination removal costs at eight gas stations, including some dating to the 1930s, state officials said on Thursday. The payment will cover the New York Environmental Protection and Spill Compensation fund's costs including interest at the eight sites, whose locations are scattered across the state.
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