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News Driven Market Could Easily Turn Around

News Driven Market Could Easily Turn Around

While the tremendous momentum created…

The Top 10 Best Executive Pay Packages

Last year the top ten Houston-area business executives received compensation packages worth a combined $215 million.

According to Longnecker & Associates the top 100 best paid executives received packages that had increased by an average of 12.8 percent compared to 2010. Oil and gas companies dominate the list.

Below is a list of the top ten best paid executives and how much direct compensation they received in 2011. A more complete list can be found here.

1.    Marathon Oil Corp. President and CEO Clarence P. Cazalot made $31.5 million.
2.    Former CEO ConocoPhillips Jim Mulva made $27.7 million.
3.    LyondellBasell Industries CEO James L. Gallogly made $23.4 million.
4.    Anadarko Petroleum chairman and CEO James Hackett made $23.1 million.
5.    Cooper Industries Chairman and CEO Kirk Hachigian made $21.1 million.
6.    Former Nabors Industries CEO Eugene M. Isenberg made $19.4 million.
7.    American National Insurance Co. CEO and Chairman Robert Moody made $18.9 million.
8.    Schlumberger Chairman and former CEO Andrew Gould made $17.8 million.
9.    Nabors Industries President and CEO Anthony Petrello made $15.9 million.
10.    Halliburton CEO David Lesar made $15.8 million.

By. Charles Kennedy of Oilprice.com



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