BG Group deal with oil giant Royal Dutch Shell sparks fury over pay
By LAURA CHESTERS FOR THE DAILY MAIL
BG Group is facing a fresh investor backlash over executive pay in the wake of oil giant Royal Dutch Shell’s £47billion takeover offer.
The potential £32million rewards package for BG chief Helge Lund was slammed as ‘completely over the top’ by one senior shareholder.
A chorus of senior investors in Shell and BG have revealed their dissatisfaction over bumper payouts at the oil firms.
Lund joined BG in February, just weeks before Shell made its approach. The deal for Shell to buy BG is likely to complete at the beginning of next year which means Lund will have been in the hotseat for only a year.
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