Normally it’s difficult to align the interests between shareholders and executives. In the case of Royal Dutch Shell’s takeover of British oil company BG Group, both parties are laughing hard.
First, BG shareholders are receiving a nosebleed 67 times earnings valuation for their shares in the $70 billion deal, 36 percent above the last closing price before the deal was announced on April 8.
But 52-year-old BG CEO Helge Lund probably can’t believe what he is getting in compensation for a job he has barely started on Feb. 9: He could be looking at a total compensation of $43 million for less than a year’s work.
BG Group's shareprice in British pence. Google Finance
