Anadarko Boosted CEO’s Payout Just Before $33 Billion Chevron Merger

Malaysia News News

Anadarko Boosted CEO’s Payout Just Before $33 Billion Chevron Merger
Malaysia Latest News,Malaysia Headlines
  • 📰 WSJ
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Anadarko Petroleum, a day before announcing its sale for $33 billion, sweetened the payout its top executives could reap in the event of a deal by millions of dollars

Anadarko Petroleum Corp., a day before announcing its sale for $33 billion, sweetened the payout its top executives can reap in the event of a deal by millions of dollars, according to a compensation firm’s analysis of the company’s changes.

Anadarko Chief Executive Al Walker is set to receive a minimum of about $43 million—as much as $6.7 million more than the prior low range he would have been given before the changes in executive pay—and possibly more once the acquisition by Chevron Corp. is completed, said Equilar Inc.,...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

WSJ /  🏆 98. in US

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Chevron CEO teased the $33 billion Anadarko deal with a Kevin Durant analogy a month agoChevron CEO teased the $33 billion Anadarko deal with a Kevin Durant analogy a month agoIn March, Michael Wirth compared Chevron's Permian Basin strategy to the Golden State Warriors' pick-ups after winning the NBA championship.
Read more »

Chevron CEO teased the $33 billion Anadarko deal with a Kevin Durant analogy a month agoChevron CEO teased the $33 billion Anadarko deal with a Kevin Durant analogy a month agoIn March, Michael Wirth compared Chevron's Permian Basin strategy to the Golden State Warriors' pick-ups after winning the NBA championship.
Read more »

Cramer: Chevron's Anadarko merger won't be the only oil deal this yearCramer: Chevron's Anadarko merger won't be the only oil deal this yearJim Cramer explains why more mergers in the energy and oil space could be in the works.
Read more »

Investors are placing buyout bets on oil drillers after Chevron-Anadarko dealInvestors are placing buyout bets on oil drillers after Chevron-Anadarko dealShares of drillers with positions in the Permian Basin are on the rise following the tie-up, the sixth biggest oil and gas deal on record.
Read more »

Chevron buys Anadarko for its shale assetsChevron buys Anadarko for its shale assetsShale has transformed America into an energy superpower, which pumps more crude than Saudi Arabia
Read more »

Sears sues former CEO Eddie Lampert, Treasury Secretary Mnuchin and others for alleged billion-dollar ‘thefts’Sears sues former CEO Eddie Lampert, Treasury Secretary Mnuchin and others for alleged billion-dollar ‘thefts’Sears sues former CEO Eddie Lampert, Treasury Sec. Mnuchin and others for allegedly stealing billions of dollars from the once-storied retailer.
Read more »

Chevron tells Petrobras to prove Texas refinery operational: sourcesChevron tells Petrobras to prove Texas refinery operational: sourcesChevron Corp has told Petrobras it wants proof a Pasadena, Texas, refinery will ...
Read more »

Japan Authorities Indict Carlos Ghosn For Fourth Time, Nissan Poised To Reject Full Renault MergerJapan Authorities Indict Carlos Ghosn For Fourth Time, Nissan Poised To Reject Full Renault MergerNissan management has acted as if it is not being treated as an equal partner and that a complete merger would solidify what it perceives as Renault’s dominant position. That dispute is at the heart of the legal fight between Nissan and its former CEO and chairman.
Read more »

Sprint, T-Mobile shares fall on report Justice Department won't approve merger as structuredSprint, T-Mobile shares fall on report Justice Department won't approve merger as structuredShares of Sprint and T-Mobile US fell in after-hours trade after The Wall Street Journal reported that Justice Department staffers have told the companies...
Read more »

U.S. Justice Department tells T-Mobile, Sprint it opposes merger: sourceU.S. Justice Department tells T-Mobile, Sprint it opposes merger: sourceThe U.S. Justice Department has told T-Mobile US Inc and Sprint Corp that it opp...
Read more »



Render Time: 2025-02-25 14:11:42