September 27, 2022

Execs Pay Falls – Finally

In Houston, at least, there’s hope that economic sense may be getting applied in regards to executive compensation.

Now, if only this were a national trend, maybe my 401k would be worth something!

Still, I’d be remiss not to comment on the ConocoPhillips bonuses: 8 figure bonuses should not be given out to executives presiding over a mess of a merger, which is exactly what CP is. The cultures of these two companies are highly incompatible. Effectively, Conoco no longer exists. Nice job, Mr. Mulva, presiding over this debacle. But hey, $21 million is $21 million, isn’t is?

marc

Marc is a software developer, writer, and part-time political know-it-all who currently resides in Texas in the good ol' U.S.A.

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