Ray Irani

Occidental CEO's Bloated Pay Prompts Shareholder Fight

Two large institutional investors are none too happy about the $50 million Occidental Petroleum's CEO made last year, so Relational Investors and CalSTRS are launching a fight to take over four of 13 seats on the oil and gas company's board.

Median CEO Pay $7 Million

An analysis of the compensation of the CEOs of America's top 200 companies shows their median compensation was $6.95 million.