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…
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Archive | Tag: shareholder-accountability
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I could fill up 10 million times with Oxy CEO’s salary
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). …
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CEO Gets $27 Mill In Stock As Gas Prices Break Records
Chevron CEO David O’Reilly received $27.8 million in stock options this week just as the price of gasoline hit record highs in O’Reilly’s hometown in Northern California, closing in on 4 bucks per gallon at…
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State Risk Seen in Chevron-Yukos Deal
California State controller John Chiang has sent a letter to the state employees’ huge retirement fund known as CalPERS, advising it to be wary of Chevron’s attempt to buy the tainted assets of Russia’s dismantled…
Press Release
FTCR Demands Release of Information About Regulator With Oil Company Ties
NEWS RELEASE: March 23, 2007 CONTACT: Judy Dugan, 213 280-0175, or Jamie Court, 310 392-0522, ext. 327 Santa Monica, CA — FTCR said a state auditor’s investigation reported today in the Sacramento Bee hints at…
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Ecuador Vs. Chevron
The president of Ecuador says he will join with residents of the Amazon rain forest in holding Chevron accountable for dumping billions of gallons of oily waste in the jungle over three decades. A lawsuit…
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CEO’s Wall Street Magic Show
Exxon CEO Rex Tillerson went to Wall Street with the twin goals of promoting Exxon’s stock and letting the public and Congress feel Exxon is putting its profits back into energy production. Tillerson said Exxon…