Occidental petroleum

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    • Oil company CEO nets $460 million in 2006

      Posted by Sandyenglish

      The Occidental Petroleum Corporation officers disclosed last week that Chief Executive Ray R. Irani took home more than $460 million in compensation in 2006. This is one of the highest annual executive payouts ever at a US corporation. Only a few CEOs have ever made more money in one year, including Oracle’s CEO Larry Ellison, who received $706 million in 2001, and former Walt Disney Company CEO Michael Eisner, who got $570 million in 1998.

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