General News | Deals - Acquisition, Mergers, Divestitures
Anadarko CEO Walker to Get $98MM Post-Oxy Merger; Five More Execs Score Payouts
Email
Print 
Bookmark
Anadarko Petroleum CEO Al Walker will walk away with a $98 million-dollar payout when Occidental Petroleum finalizes its $38 billion acquisition of Anadarko, according to a recent filing with the SEC.
In addition to Walker, five other top Anadarko executives will receive a payout as well. Including Walker, the six top execs will walk away with a total of $300 million between them:
- Al Walker (CEO): $98.1 million
- President Robert Gwin (President): $55 million
- CFO Ben Fink (CFO): $29.4 million
- Daniel Brown (EVP of US Onshore): $43.6 million
- Mitchell Ingram (EVP of International / Deepwater): $43.9 million
- Amanda McMillian (General Counsel): $30.6 million
The payouts will be made up of cash, equity as well as tax reimbursements.
Related Categories :
General News
More General News News
-
Phillips 66 Makes Offer to Buy DCP Midstream for $34.75/Share
-
Hamm Family Proposes Taking Continental Resources Private for $25B
-
Exxon, Hess to Proceed with Yellowtail Development Offshore Guyana
-
Operators Cite Investor Pressure for Production Growth Restraint
-
Citing Ukraine Invasion, BP to Dump 19.75% Stake in Rosneft, Exit Board
Gulf of Mexico News >>>
-
Empire Petroleum First Quarter 2023 Results
-
Earthstone Energy, Inc., First Quarter 2023 Results -
-
Battalion Oil Corporation First Quarter 2023 Results
5.jpg&new_width=60&new_height=60&imgsize=false)
-
APA Corporation First Quarter 2023 Results -
-
PDC Energy, Inc., First Quarter 2023 Results
4.jpg&new_width=60&new_height=60&imgsize=false)
3.jpg&new_width=60&new_height=60&imgsize=false)
2.jpg&new_width=60&new_height=60&imgsize=false)