Chris Isidore writes on CNN Money: “2015 was a tough year for oil driller Schlumberger. Unless you were the CEO. CEO Paal Kibsgaard received total compensation worth $18.3 million in 2015, the company reported, down only slightly from $18.5 million the year before. The rest of Schlumberger didn’t fare so well. The company cut 25,000 jobs during the year, or 20% of its workforce. Schlumberger is the first major company in the oil industry to report executive pay for 2016.” (cnn.com)
Oil driller cut 25,000 jobs, paid CEO $18 million
