Some US oil and gas companies are making it easier for senior managers to meet performance goals while share prices are hampered by low oil prices. A Reuters analysis has shown that some energy companies, even some that are struggling, have also changed payout plans for business leaders to protect them financially. While most energy companies did pay their top executives less in 2015, those that did not are likely to face scrutiny. Floyd Wilson, who oversees corporate governance at the California Public Employees' Retirement System, has said that such pay adjustments will be examined when proxy votes are due. Many publicly-traded energy companies are due to outline their 2015 pay and bonuses in proxy fillings this month.
Some US oil and gas companies are making it easier for senior managers to meet performance goals while share prices are hampered by low oil prices. A Reuters analysis has shown that some energy companies, even some that are struggling, have also changed payout plans for business leaders to protect them financially. While most energy companies did pay their top executives less in 2015, those that did not are likely to face scrutiny. Anne Simpson, who oversees corporate governance at the California Public Employees' Retirement System, has said that such pay adjustments will be examined when proxy votes are due. Many publicly-traded energy companies are due to outline their 2015 pay and bonuses in proxy fillings this month.