U.S. E&P Sector Slammed for Excessive Executive Compensation, Lack of Oversight

摘要

Upstream investor Kimmer- idge Energy Management Co. LLC has the U.S. exploration sector in its sights and is calling out the industry for its “lack of alignment” between the execu- tive management teams and their shareholders. The New York City-based private equity (PE) frm said in a white paper that executive com- pensation for the exploration and production (E&P) sector was still rising, even though it is “one of the worst performing sectors” in the past decade.