So, let’s say that, hypothetically, you’re an oil executive getting paid so much you practically crap money already, and under your watch the world has seen the biggest environmental disaster in US history and one which is set to cost your company over $30 billion. A non-exec would be fired and SOL; but this is an executive we’re talking about. For BP’s Tony Hayward, that situation has meant getting a full year’s pay (a million quid) and a 10 million pound pension. I’m in the wrong business, clearly.
Bits and rants from Tony Emond