Keyword: pay

News

BP Chief Faced 40% Pay Cut in 2016

11.04.2017 - Oil and petrochemicals giant BP has revealed that it cut the annual salary of CEO Bob Dudley by 40% in 2016, from $19 million to $11.6 million, and reduced the maximum amount the...

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Ineos and Grangemouth Staff Lock Horns Again

10.04.2017 - Trouble appears to be brewing again at Ineos’ mammoth Grangemouth complex in Scotland, three and half years after a labor dispute brought the site to the brink of closure. This...

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Actelion Shareholders Reject Biotech Firm's Pay Plans

18.04.2013 - Actelion shareholders rejected a $5.6 million pay award for the biotechnology company's chief executive Jean-Paul Clozel on Thursday, making it the second Swiss company in as many...

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Post-spill Performance Costs BP Boss his Share Bonus

07.03.2013 - BP boss Bob Dudley's pay fell by a fifth last year because of performance measures set over a three-year period that began in 2010, the oil-spill year. The company's 2012 annual...

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Novartis Golden Handshake Angers Shareholders, Politicians

17.02.2013 - Pharma group Novartis' decision to pay up to 72 million Swiss francs ($77.94 million) to outgoing chairman Daniel Vasella has unleashed a wave of indignation among activist...

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Changing Demographics in the European Chemical Industry

17.07.2012 - Silver Generation - European chemical industry employees are among the world's best paid and additionally enjoy social benefits their counterparts on the other side of the Atlantic...

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Dow CEO Pay Drops Due to Weak Results

31.03.2012 - Dow Chemical Chief Executive Andrew Liveris' 2011 compensation fell 10% in 2011 as the largest U.S. chemical maker failed to meet internal profit and cost-control targets. Liveris...