One more wallow at the trough for Nabors’ Isenberg
You wouldn’t expect Houston’s most over-compensated chief executive to go cheaply into retirement, and Nabors Industries’ Eugene Isenberg didn’t disappoint. As the Chronicle’s Tom Fowler pointed out,...
View ArticleNabors’ high-flying executive perks draw SEC inquiry
Even as shareholders and corporate governance experts are decrying Nabors Industries’ $100 million severance for former chief executive Eugene Isenberg, the company history of lavish executive perks...
View ArticleThe Isenberg backlash begins at Nabors Industries
Nabors’ Industries final kiss-off to Houston’s most overpaid executive has drawn the ire of five public pension funds who control about 1.7 million shares of the oil driller’s stock. The funds — in...
View ArticleNabors’ Isenberg forfeits $100 million severance
Nabors Industries' ridiculously overpaid chairman has agreed to give up a $100 million severance payment that insulted shareholders last year.
View ArticleHewlett-Packard slims down pay for post-Apotheker era
Hewlett-Packard seems to have learned some lessons about paying top executives for failure
View ArticleNabors’ charity effort pales against executive pay
When Nabors Industries' overpaid chairman, Eugene Isenberg, agreed last week to give up his $100 million severance payment, the word "charity" came up a lot. But how much is he really giving?
View ArticleNabors shareholders vote to list competing director candidates
Proxy access proposal is the first approved at a major company.
View ArticleNabors’ Petrello loses — again — in home sale fight with neighbor
An appeals court upheld a Houston judge's decision saying the energy executive had no basis for suing his neighbors over the sale of their house.
View ArticleNabors pays exec $60 mln now to pay him less later
After years of paying for failure, Nabors investors are once again being forced to pony up, in hopes that they won't ever have to again.
View ArticleNabors raises the bar — again — on rewarding failure
If there's really a commitment to aligning executive interests with those of shareholders, everyone, including Petrello, should have been in agreement.
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