Steffy: Scrutiny of Nabors’ plane perks adds to outcry
Nabors Industries, which recently came under fire for planning to pay Eugene Isenberg $100 million to relinquish his chief executive's title, now finds itself facing scrutiny for other goodies it may...
View ArticleThe Isenberg backlash begins at Nabors Industries
Nabors’ Industries final kiss-off to Houston’s most overpaid executive has drawn the ire of five public pension funds who control about 1.7 million shares of the oil driller’s stock. The funds — in...
View ArticleNabors former CEO forfeits $100 million payout, resigns
Nabors Industries Ltd.’s Chairman and former chief executive officer, Eugene Isenberg, has forfeited his $100 million retirement paycheck, in response to a firestorm of shareholder criticism.
View ArticleNabors’ Isenberg forfeits $100 million severance
Nabors Industries' ridiculously overpaid chairman has agreed to give up a $100 million severance payment that insulted shareholders last year.
View ArticleNabors’ charity effort pales against executive pay
When Nabors Industries' overpaid chairman, Eugene Isenberg, agreed last week to give up his $100 million severance payment, the word "charity" came up a lot. But how much is he really giving?
View ArticleNabors shareholders approve director proposal
Columnist Loren Steffy details today's vote by Nabors Industries shareholders today in favor of a proposal that could give them more latitude in nominating candidates for the drilling contractor's board.
View ArticleNabors pays exec $60 mln now to pay him less later
After years of paying for failure, Nabors investors are once again being forced to pony up, in hopes that they won't ever have to again.
View ArticleNabors raises the bar — again — on rewarding failure
If there's really a commitment to aligning executive interests with those of shareholders, everyone, including Petrello, should have been in agreement.
View ArticleFormer Nabors chief Eugene Isenberg dies
Eugene Isenberg, who stepped down from his long-held posts as chairman and CEO of Nabors Industries in 2011, died Sunday.
View ArticleNabors’ biggest investor sells stake amid rising profits
The largest shareholder of Nabors Industries hawked its 8.5 percent stake Thursday even as the Houston driller appears to have crested over a long lull in profits.
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