Saudi Aramco not overly generous with executives’ compensation
Top management and board members of world’s most profitable company split about $30m worth of compensation and benefits in 2018
01 November 2019 - 13:55
New York — They run the world’s most profitable company, oversee one-tenth of global oil output and their decisions help shape the fate of a nation. Their paychecks, however, are a little less grandiose.
Saudi oil giant Aramco is a cash cow for the kingdom, allowing the royal family to wield power with a drip-feed of petrodollars. For executives, it’s a relatively modest life compared with some of their peers elsewhere...
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