than for a rich man to enter the kingdom of God. Matthew 19:24
http://www.sfgate.com/cgi-bin/article.cgi?f=/n/a/2008/04/01/financial/f160623D12.DTL&feed=rss.businessChevron CEO gets 17 percent raise to boost 2007 pay to $15.7M
Chevron Corp. Chairman David O'Reilly received a 2007 compensation package valued at $15.7 million, a 17 percent raise that lagged the dramatic rise in oil prices fueling the company's four-year streak of record profits.
Tuesday's disclosure of O'Reilly's 2007 pay comes amid widening resentment about the money pouring into Chevron and its oil industry peers as soaring energy prices make it tougher for households and businesses to make ends meet.
With the economic pain mounting, lawmakers are once again threatening to slap the oil industry with higher taxes. Executives from Chevron and other oil companies tried to soften the backlash in Tuesday appearances before a Senate committee in Washington.
O'Reilly, Chevron's chief executive since 1999, didn't testify at that hearing.