Oil CEOs: High Prices, Fat Paychecks

BusinessWeek:

As consumers around the world struggle to fill their gas tanks, captains of the oil industry are getting a raise.

Starting with info provided by Capital IQ (which, like BusinessWeek, is a unit of The McGraw-Hill Companies (MHP)), BusinessWeek asked executive compensation research firm Equilar to analyze compensation of the chief executives of the 25 largest publicly traded global oil and gas companies (see the accompanying slide show for the full list of CEOs and what they were paid). Equilar's study found that for the 12 CEOs at the largest U.S.-based, publicly traded oil companies, median total compensation increased by more than four times the rate of that of executives in the Standard & Poor's 500-stock index as a whole.

Read the whole story: BusinessWeek

Comments

[mamacat]

The NYT reported that the CEO of Exxon arranged to pay himself about $440 million in 2005. That about says it all.
Edwards said that Exxon, in the same year, did not fully fund its employee pension fund. Adding fuel to the fire.
The immorality of big oil is disgraceful.

[darthdarcy]

"It is easier to get a camel through the eye of a needle, than it is for a rich man to enter my Father's Kingdom.."

Can't say it better than than...

[dolphy]

Pay is based on who can scam us the best.

[rollingdivision]

So Irani is paid just a little less than Sean (Diddy) Combs or Gisele Bundchen and Tillerson made just about as much as Tyra Banks or Regis Phibin .

2007 Salaries for celebrities in millions of dollars:

J.K. Rowling 300
Oprah Winfrey 275
50 Cent 150
Jerry Bruckheimer 145
Steven Spielberg 130
Tyler Perry 125
Tiger Woods 115
The Police 115
Jerry Seinfeld 85
Jay-Z 82
Beyonce Knowles 80
Will Smith 80
Johnny Depp 72
Simon Cowell 72
Howard Stern 70
David Beckham 50
Cameron Diaz 50
George Lucas 50
James Patterson 50
David Letterman 45
Michael Jordan 45
Phil Mickelson 45
Stephen King 45
Judge Judy Sheindlin 45
Leonardo DiCaprio 45
Justin Timberlake 44
Kimi Raikkonen 44
Bruce Willis 41
Madonna 40
Celine Dion 40
Dr. Phil McGraw 40
Ben Stiller 40
Kobe Bryant 39
LeBron James 38
Nicolas Cage 38
Ronaldinho 37
Roger Federer 35
Sean "Diddy" Combs 35
Gisele Bundchen 35
Tom Clancy 35
Alex Rodriguez 34
Fernando Alonso 33
Rush Limbaugh 33
Jay Leno 32
Jeff Gordon 32
Shaquille O'Neal 32
Keira Knightley 32
Dale Earnhardt Jr. 31
Ryan Seacrest 31
Kanye West 30
Donald Trump 30
Kevin Garnett 29
Jennifer Aniston 27
Gwen Stefani 27
Judd Apatow 27
Maria Sharapova 26
Miley Cyrus 25
Bon Jovi 25
Reese Witherspoon 25
Daniel Radcliffe 25
Gwyneth Paltrow 25
Tyra Banks 23
Spice Girls 21
Matt Damon 21
Regis Philbin 21

[rollingdivision]

So Irani is paid just a little less than Sean (Diddy) Combs or Gisele Bundchen and Tillerson made just about as much as Tyra Banks or Regis Phibin .

2007 Salaries for celebrities in millions of dollars:

J.K. Rowling 300
Oprah Winfrey 275
50 Cent 150
Jerry Bruckheimer 145
Steven Spielberg 130
Tyler Perry 125
Tiger Woods 115
The Police 115
Jerry Seinfeld 85
Jay-Z 82
Beyonce Knowles 80
Will Smith 80
Johnny Depp 72
Simon Cowell 72
Howard Stern 70
David Beckham 50
Cameron Diaz 50
George Lucas 50
James Patterson 50
David Letterman 45
Michael Jordan 45
Phil Mickelson 45
Stephen King 45
Judge Judy Sheindlin 45
Leonardo DiCaprio 45
Justin Timberlake 44
Kimi Raikkonen 44
Bruce Willis 41
Madonna 40
Celine Dion 40
Dr. Phil McGraw 40
Ben Stiller 40
Kobe Bryant 39
LeBron James 38
Nicolas Cage 38
Ronaldinho 37
Roger Federer 35
Sean "Diddy" Combs 35
Gisele Bundchen 35
Tom Clancy 35
Alex Rodriguez 34
Fernando Alonso 33
Rush Limbaugh 33
Jay Leno 32
Jeff Gordon 32
Shaquille O'Neal 32
Keira Knightley 32
Dale Earnhardt Jr. 31
Ryan Seacrest 31
Kanye West 30
Donald Trump 30
Kevin Garnett 29
Jennifer Aniston 27
Gwen Stefani 27
Judd Apatow 27
Maria Sharapova 26
Miley Cyrus 25
Bon Jovi 25
Reese Witherspoon 25
Daniel Radcliffe 25
Gwyneth Paltrow 25
Tyra Banks 23
Spice Girls 21
Matt Damon 21
Regis Philbin 21

[Raymondf]

The speculators are driving up the price of oil, There is a surplus in oil, that is the reasons even the middle eastern countries are getting nerves and working on ways to lower the prices as we speak. Supply is 2 times higher than demand. Just returned from Gatlinburg, Tenn. one of the 10 most visited vacation destinations in the US, out of approx. 1500 hotels, and motels their that are usually all full this time of the year, all had vacancies. The only ones traveling are people that own vacation homes there or Timeshare owners, just people that don't have to pay for their stay. If I would have to pay for a motel room, plus the gas that it took me to get down their and back I could not have gone.

[fact finder]

The pay of the bigwigs will be under scrutiny.! From whom .? Their CIC George Bush? Whooopy BIG deal. NOT.