DS is a joke in the oil & gas industry. He ruined a 100 year old company ! He is the most pathetic individual to run a company that was once a great company until he became the so-called main man in charge. He’s a joke. The board of directors all ought to be ashamed of themselves. The out come of his decision with AJ is firmly a good laugh. The women that it happened to, she should take DS to court also !
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When the executive team gets there golden parachute it will not be in NBL stock. They said we don't want any more of that c-ap, we want cold, hard, cash.
I take solace knowing that: 1) he was largely paid in stock over the years; 2) the stock is in the sh–ter. I’d be willing to bet he’s lost over half his net worth in the crash. Maybe more. He’s still ridiculously rich, but probably less than a year ago.
Compared to the anadarko acquisition DS package Is low end. AW got 100m tax free. App picked up the tax burden.