The highest-paid CEOs in the shale oil industry - Business Insider

Scott Sheffield, CEO of Pioneer Natural ResourcesA Texas-based oil and gas exploration and production company with operations in the Permian Basin.A spokesperson for Pioneer Natural Resources said that $10 million of Sheffield's 2019 compensation is tied to the company's performance relative to peers over the next three years. It's possible that he would receive only a portion of that sum.

The spokesperson also noted that Sheffield has taken a voluntary 70% cut to his cash compensation this year "in light of current market conditions." About the firm: An oil and gas exploration and production firm headquartered in New York City, formed by the merger of Hess Oil and Chemical and Amerada Petroleum. "Executive compensation for 2019 reflected our company's outstanding operational results and position as the best performing energy stock among our peers," a Hess spokesperson said, mentioning that the company participated in one of the industry's largest oil discoveries of the last decade.

"He's earned well below his target pay over the past few years," the spokesperson said of Hager. "As is the case every year, the company is engaging in meaningful discussions with shareholders to ensure their views play a role in future pay programs." Cabot Oil and Gas workers at a hydraulic fracturing site in South Montrose, PennsylvaniaA Houston-based exploration firm focused on natural gas in Pennsylvania and West Virginia and oil in Texas.

I wish the discrepancy between pay at the top levels and workers was covered more. It has grown significantly in my lifetime and becoming obscenely gross.

Addresses too please-

Business Business Latest News, Business Business Headlines

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

Inside story of Brex layoffs after $150 million raise - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Affirm launches high-yield savings account - Business Insider - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. With the HIGH interest rates they charge, it’s the least they can do for those using these crooks as their savings bank.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Alt lender Prospa announces solid March performance - Business Insider - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

There's $265 billion at stake as the construction industry digitizes - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. If you build it, we shall paint rainbows on the windows. You have all been warned. And not just for the construction industry. As lockdown starts to go into reverse, the fallout will leave no end of opportunities for business of all kinds. Picking these up and putting them to work is what free enterprise does.
Source: BusinessInsider - 🏆 729. / 51 Read more »

The PR industry continues to struggle with diversity - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »