Oxy CEO Collects Big Pay Day

摘要

Ray Irani, chief executive of Occidental Petroleum for the past two decades, received $31.4 million in total compensation in 2009, a 40% increase on the year before. Investors in the fourth-largest US oil company will submit a nonbinding vote on executive compensation for the first time at Oxy's annual meeting on May 7. According to a filing with US financial regulators on Friday, Irani earned a salary of $1.17 million in 2009, down 10% from the year before, but his stock awards totaled nearly $24.76 million, up by $9 million over 2008.