Tag Archive | "ceo compensation"
All Hail Exxon
2-14-08 by dugan (and thanks to Mark Reback for the tip) I can’t believe Investors Business Daily would do so little checking of an editorial on Tuesday slamming the critics of ExxonMobil, from Sen. Carl Levin to our small foundation. As a former editorial writer, I’m reluctant to call attention to such a [...]
Continue reading...Chevron’s Titan-ic Bungle
Monday, October 15, 2007
10-15-07 by dugan "It’s not what you say but what you do that matters." Oops, Chevron must not have heard its mother say that. Check out this savage AdWeek column by Joan Voight on the reception that Chevron’s new multimillion-dollar ad campaign has gotten (including from OilWatchdog), and why the critics are right. The [...]
Continue reading...BP Launches Alaskan PR Blitz
Tuesday, July 10, 2007
07-10-07 by Simpson Oil Giant BP is fighting back from its damaged image in Alaska last year resulting from a major oil spill caused by a lack of proper maintenance. The massive statewide PR campaign is outlined by staff writer Wesley Loy in the Anchorage Daily News. Although the firm won’t say how much it’s [...]
Continue reading...Let This Be A Lesson
Friday, May 4, 2007
By Simpson 05-04-07 Lord John Browne, widely perceived as a business titan, crashed and burned this week resigning as BP chief executive amidst messy, tabloid headlines exposing his gay lifestyle. But as Businessweek columnist Jeffrey Sonnenfeld correctly notes, his personal life was not really the issue. Browne’s problem was that he flouted his widely proclaimed [...]
Continue reading...BP Chief Quits; Admits Lies
Tuesday, May 1, 2007
By Simpson5-01-07 Lord John Browne, the once high-flying executive who seemingly could do no wrong, resigned abruptly after admitting he lied to a court about how he had met his former gay companion. Browne had been fighting publication of an article about him in London’s Mail on Sunday newspaper. His departure could cost him $30 [...]
Continue reading...Humbled? Don’t take the money
Thursday, April 12, 2007
By Simpson4-12-2007 It’s not just consumers who are outraged by Big Oil CEO compensation. Disgruntled BP shareholders said a planned payment of an estimated £72 million — $124.5 million — to outgoing chief executive John Browne is unjustified. One called it "vulgar." Peter Sutherland, BP’s "nonexecutive" chairman of the board, told the annualmeeting that the [...]
Continue reading...Whose Is Biggest?
Wednesday, April 11, 2007
04/11/07 by dugan It’s a strange world when yearly CEO pay of $18.4 million looks humble. That’s what Exxon reports paying CEO Rex Tillerson in a filing today. Compared to the $460 million awarded to Ray Irani, the CEO of little Occidental Petroleum, you have to wonder if Tillerson is on the wrong boat. Of [...]
Continue reading...I could fill up 10 million times with Oxy CEO’s salary
Saturday, April 7, 2007
It was the mathematical symmetry of the number that got to me. It costs me about $46 to fill up my Honda at a California gas station these days ($3.28 for unleaded according to AAA). Liz Douglass, in today’s LA Times, reports that Occidental Petroleum CEO Ray Irani made $460 million in 2006. That’s exactly [...]
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Thursday, February 14, 2008
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