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  • Chevron's (CVX) board cuts compensation for CEO John Watson and other top executives in the wake of a string of accidents since late 2011, including leaks at its Frade field off the Brazilian coast and last August's huge fire broke at its Richmond, Calif., refinery. But shares are up 11% YTD, better than most peers. [View news story]
    As a shareholder, I'm pleased to hear that the board is reducing compensation for the CEO and top executives as a result of the serious safety incidents over the past year or so. However, I would like to think that bonuses of the entire company are reduced as well. When people's income is at risk because of safety incidents, they will put a higher priority to safety. If it can not be done safely, do not do it.

    Posted by a retired chemical engineer from DuPont, the world's leading company in safety
    Mar 28, 2013. 06:33 AM | 1 Like Like |Link to Comment
  • Why Teva's Shares Are Cheap, Nearly Topping Our Scale [View article]
    Might the market be discounting TEVA because of vulnerability to damage from attacks from Iran, Hamas, Hezbollah, or other anti-Israel forces?
    Dec 6, 2012. 11:08 PM | Likes Like |Link to Comment
1 Like