The Spark

“The emancipation of the working class will only be achieved by the working class itself.” — Karl Marx

Chief Execs Chief Pigs

Aug 30, 2010

Tony Hayward will lose his job as chief executive at BP soon. But “poor” Tony will walk away with $4,107,168.

He’s hardly alone. Here are other top executives from American companies in the oil industry, with their salaries as listed in their last annual reports:

Ray Irani, Occidental Petroleum, 31.4 million dollars;

James Hackett, Anadarko Petroleum, 27.5 million dollars;

Rex Tillerson, ExxonMobil, 27.2 million dollars;

Aubrey McClendon, Chesapeake Energy, 18.5 million dollars;

D.J. O’Reilly, Chevron, 16.5 million dollars;

James Mulva, ConocoPhillips, 15 million dollars;

David Lesar, Halliburton, 12.4 million dollars.

The median pay for all full-time workers in the U.S. is about $35,000 per year. These chief execs take anywhere from 400 to 1,000 times what we get per year. And they made it off of workers’ hard and often unsafe labor.