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Saturday, November 17, 2012

A Look At Sandridge CEO Compensation

I knew the story with Aubrey at Chesapeake, but I didn't realize that it was this disgusting at Sandridge as well:

despite the single worst stock performance of any energy company, and among the worst stock performances in the entire US market, and massive discounts applied to the company because of management…payments to Mr. Ward from the company have totaled approximately $150 million over the past five years

Link: http://seekingalpha.com/article/1015741-sandridge-shareholders-don-t-owe-ceo-ward-any-favors

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