Author Topic: Oil Company CEO Pay Averaged $32.7 Million  (Read 884 times)

Offline Fishu

  • Gold Member
  • *****
  • Posts: 3789
Oil Company CEO Pay Averaged $32.7 Million
« Reply #15 on: August 30, 2006, 05:34:47 PM »
Quote
Originally posted by Gh0stFT
its a very rare Job to be a CEO of a oil company, not many availible.

cutting just one of this salaries have absolutely no
positive impact on me or you, lol....next thread.


I'd be happily an over paid consult for one of those companies, primarly consulting a CEO on how to golf. It can be a demanding job to be a consult!

Offline Trikky

  • Persona Non Grata
  • Nickel Member
  • ***
  • Posts: 370
Oil Company CEO Pay Averaged $32.7 Million
« Reply #16 on: August 30, 2006, 07:38:14 PM »
Quote
Originally posted by John Kenneth Galbraith
The salary of the chief executive of a large corporation is not a market award for achievement. It is frequently in the nature of a warm personal gesture by the individual to himself.

Offline Bruno

  • Silver Member
  • ****
  • Posts: 1252
      • http://4jg53.org
Oil Company CEO Pay Averaged $32.7 Million
« Reply #17 on: August 30, 2006, 09:25:45 PM »
I don't care what the CEO is paid as long as my shares keep making me money. Corporations are not owned by the CEO exclusively and he doesn't decide what to pay himself. The Board and the share holders do that. What they make has no bearing on what you make. The CEO earns money for the share holders or he is replaced. You need to look at what that CEO has earned for the share holders and base his salary on that, not what you pay for a given product.

There's no such thing as 'over paid'...

Bunch a friggin' communists on this forum... :p

Offline Maverick

  • Plutonium Member
  • *******
  • Posts: 13958
Oil Company CEO Pay Averaged $32.7 Million
« Reply #18 on: August 30, 2006, 09:33:54 PM »
Anyone have the figure for the combined salaries of the Cardinals football team? They are drawing multiple millions and they as a team produce absolutely nothing.

Same for several other entertainment "stars".
DEFINITION OF A VETERAN
A Veteran - whether active duty, retired, national guard or reserve - is someone who, at one point in their life, wrote a check made payable to "The United States of America", for an amount of "up to and including my life."
Author Unknown

Offline xrtoronto

  • Platinum Member
  • ******
  • Posts: 4219
Oil Company CEO Pay Averaged $32.7 Million
« Reply #19 on: August 30, 2006, 09:42:25 PM »
That's a good point Maverick.

I don't know what it costs to get good seats along the 3rd base line at a baseball game where you live, but I was at the NYY vs BlueJays here and the seats were $55./ each

Nice to take your wife a kids to a ball game, but YOUCH!

Then the millionaire players get into a wage dispute with billionaire owners and who's left without baseball? US...The fans!

Offline rpm

  • Plutonium Member
  • *******
  • Posts: 15661
Oil Company CEO Pay Averaged $32.7 Million
« Reply #20 on: August 30, 2006, 09:50:56 PM »
Quote
Originally posted by lasersailor184
How dare those evil CEO's work hard and make a lot of money!  The outrage!
I agree. We should tell them to add another 20% to the pump and enjoy some time off.:rolleyes:
My mind is a raging torrent, flooded with rivulets of thought cascading into a waterfall of creative alternatives.
Stay thirsty my friends.

Offline lasersailor184

  • Plutonium Member
  • *******
  • Posts: 8938
Oil Company CEO Pay Averaged $32.7 Million
« Reply #21 on: August 30, 2006, 10:07:15 PM »
RPM, they run their cut throat businesses well.  I hold nothing against them.  Especially now that gas is going down in my neck of the woods.
Punishr - N.D.M. Back in the air.
8.) Lasersailor 73 "Will lead the impending revolution from his keyboard"

Offline rpm

  • Plutonium Member
  • *******
  • Posts: 15661
Oil Company CEO Pay Averaged $32.7 Million
« Reply #22 on: August 30, 2006, 10:28:07 PM »
Yep. ENRON was pretty good at it, too.
My mind is a raging torrent, flooded with rivulets of thought cascading into a waterfall of creative alternatives.
Stay thirsty my friends.

Offline Neubob

  • Persona Non Grata
  • Gold Member
  • *****
  • Posts: 2446
      • My Movie Clip Website
Oil Company CEO Pay Averaged $32.7 Million
« Reply #23 on: August 31, 2006, 12:27:03 AM »
George Lucas made something like $280 million the year Episode 3 came out.

Tiger Woods is expected to become the first billionaire athlete sometime in the next 8 years.

There's a Mass Tort Lawyer from Texas who's worth an estimated $1.2 billion

The guys from Google went from nearly nothing to net worths exceeding 4 billion, each, in less than 10 years.

These people, and hundreds of others like them, put your CEOs to shame, and, unlike the CEOs, reach these heights much faster ( in proportion to the money they make). Why no *****ing and moaning about them???

The market economy doesn't play Santa to these billionaires, it merely rewards them for the wealth they generate and put back into the very same economy. That which isn't justified generally works itself out of the loop naturally(dot-com bubble, anyone?). Most of the CEOs out there spend decades rising to the top. They head up changes that make companies more profitable, which, in turn, helps everyone. The few guys that spoiled it for everyone, and are famous for doing so, taint the concept of upper management, and that is regretable.

And, when all's said and done, just remember one thing. In every government, in every economy, there's a bottom and there's a top. Communism, socialism, free market, large round rocks with holes in the middle, wherever you are, whatever you call it, there's always somebody getting and somebody giving. The big difference is that here, the top is occupied by thousands of ultra-rich, predominantly honest, highly-intellgent visionaries. The alternative is a top occupied a few dozen crooked maniacs that would just as soon have your home burned to the ground as see one less dollar added to their net worth.

Personally, I think it's pathetic that personal wealth, in this nation, is seen as a symbol of corruption, dishonesty and indulgence. It should be a motivator, and if you shun the good life, then make your big bucks and give them away to whoever you think deserves it more. Whatever you do, stop inflicting your contempt on the people that earn their success and live long enough to reap the rewards.

BTW, in THIS neck of the woods, 93 octane was $2.90/Gal today. Supposed to go down by Thanksgiving.
« Last Edit: August 31, 2006, 12:39:01 AM by Neubob »

Offline MiloMorai

  • Platinum Member
  • ******
  • Posts: 6865
Oil Company CEO Pay Averaged $32.7 Million
« Reply #24 on: August 31, 2006, 12:33:08 AM »
Quote
Originally posted by lasersailor184
RPM, they run their cut throat businesses well.  I hold nothing against them.  Especially now that gas is going down in my neck of the woods.
Going OT.

Is not there a problem in Alaska? Something to due with corroded pipelines that will have deliveries of oil drop. If this is so, then the price should be going up or was Katrina just too good of an opportunity to gouge the public?

Offline LePaul

  • Platinum Member
  • ******
  • Posts: 7988
Oil Company CEO Pay Averaged $32.7 Million
« Reply #25 on: August 31, 2006, 12:37:36 AM »
Quote
Originally posted by Neubob
Personally, I think it's pathetic that personal wealth, in this nation, is seen as a symbol of corruption, dishonesty and indulgence. It should be a motivator, and if you shun the good life, then make your big bucks and give them away to whoever you think deserves it more. Whatever you do, stop inflicting your contempt on the people that earn their success and live long enough to reap the rewards.


Ah its people being people...always envious of what the other guy has.  And if its more, well dangit, that just aint right in their minds

Kinda like people who dont pay taxes complaining those who DO getting any level of a tax cut.

But...that's another story :)

Offline FBplmmr

  • Silver Member
  • ****
  • Posts: 1012
Oil Company CEO Pay Averaged $32.7 Million
« Reply #26 on: August 31, 2006, 05:26:36 AM »
Quote
Originally posted by Bruno
I don't care what the CEO is paid as long as my shares keep making me money. Corporations are not owned by the CEO exclusively and he doesn't decide what to pay himself. The Board and the share holders do that. What they make has no bearing on what you make. The CEO earns money for the share holders or he is replaced. You need to look at what that CEO has earned for the share holders and base his salary on that, not what you pay for a given product.

There's no such thing as 'over paid'...

Bunch a friggin' communists on this forum... :p
:aok

Offline Nilsen

  • Plutonium Member
  • *******
  • Posts: 18108
Oil Company CEO Pay Averaged $32.7 Million
« Reply #27 on: August 31, 2006, 05:36:56 AM »
I bet even I could bring record earnings to an oil company with the pump prices we have been having.

Reward them if they make good money for the company during tough times and thats just fine.

Offline JB88

  • Plutonium Member
  • *******
  • Posts: 10980
Oil Company CEO Pay Averaged $32.7 Million
« Reply #28 on: August 31, 2006, 07:10:09 AM »
i wouldnt be one to say that we should ever legislate wages...but all things considered, i certainly dont mind a bit of social flashlite on the bozos who think they need that much more than every body else to make thier mummies love them.
this thread is doomed.
www.augustbach.com  

To strive, to seek, to find, and not to yield. -Ulysses.

word.

Offline Meatwad

  • Plutonium Member
  • *******
  • Posts: 12898
Oil Company CEO Pay Averaged $32.7 Million
« Reply #29 on: August 31, 2006, 07:16:03 AM »
Down to 2.66 here
See Rule 19- Do not place sausage on pizza.
I am No-Sausage-On-Pizza-Wad.
Das Funkillah - I kill hangers, therefore I am a funkiller. Coming to a vulchfest near you.
You cant tie a loop around 400000 lbs of locomotive using a 2 foot rope - Drediock on fat women