A 32 page report of the Institute for Policy Studies (IPS)
Insulated from the real costs of the climate degradation they help create, fossil fuel executives are enjoying stratospheric pay.
Beating the S&P 500 average: CEOs of the 30 largest U.S. publicly held oil, gas, and coal companies averaged $14.7 million in total 2014 compensation, over 9 percent more than the $13.5 million S&P 500 CEO average. The top executives at ExxonMobil and ConocoPhillips each earned more than twice the S&P 500 average.
Five years, $6 billion: The management teams of America’s top 30 fossil fuel giants — the CEO, CFO, and next three highest-paid officers of each company — have together taken home nearly $6 billion over the past five years.
| Open PDF ...