(Bloomberg) — Occidental Petroleum Corp. Chief Executive Officer Vicki Hollub will see her compensation cut by at least $1 million as billionaire Carl Icahn extends his reach into the company’s boardroom.Hollub, who came in for withering criticism from Icahn when she orchestrated a takeover of Anadarko Petroleum Corp., will have her salary capped at $250,000, the oil driller said in a filing on Wednesday. That compares to the $1.25 million salary she collected in both 2017 and 2018 — compensation tables for 2019 haven’t yet been disclosed.The quarter-million-dollar cap also applies to other top managers, Occidental said in the filing, …read more
Source:: Yahoo Finance
