Average 2005 Oil CEO's Compensation - $32.7M

[DeSwiss]

Filler up!

Average 2005 Oil CEO's Compensation - $32.7M

Posted August 30, 2006 10:03 AM

Rising prices and profits translated into pay packages for oil company chief executive officers that are nearly three times the size of similarly sized businesses, a new study from two watchdog groups said.

In 2005, the CEOs of the largest 15 oil companies averaged $32.7 million in compensation, compared with $11.6 million for all large U.S. firms, according to the study, released today by the Institute for Policy Studies and United for a Fair Economy.

http://www.huffingtonpost.com/2006/08/30/32_n_28331.html