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

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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.,...

 

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Wouldn’t this be considered insider trading?

Anadarko -- doing its part to promote INCOME INEQUALITY. Another OBSCENE PROFIT PETROSCUM COMPANY...

This is disgusting and should be investigated by the State Attorney Generals office! These vulture hungry Executives as pic here should fined heavily.

Nice work if you can find it. Joke.

Trumponomics at work.

Seems legal... 😬🤔

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