Two OKC energy executives named among list of most outrageous perks
Two Oklahoma City executives made the unenviable list of “The Most Outrageous Executive Perks” released by Forbes and Footnoted.com on Wednesday.
SandRidge Energy Inc. CEO Tom Ward made the list by reporting he received $783,533 worth of “accounting support” from company employees last year. Chesapeake’s Aubrey McClendon was runner up in the same category with $250,000 in “personal accounting support.” In both cases, the Oklahoma City energy executives were allowed to use company accountants for their personal finances.
McClendon also was mentioned for his personal use of Chesapeake’s corporate jet.
Barry Diller, chairman of Expedia and InterActiveCorp., topped the category with $1.28 million worth of personal use of corporate aircraft. Forbes said McClendon would have been a contender, but he did not make the list because the company said he reimbursed Chesapeake for $650,000 of his $1.1 million aircraft use “after consultation between Mr. McClendon and the Compensation Committee.”
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Dear Sir,
Why would anyone be surprised Ward & McClendon are birds of a feather. You can give taxes to the government or give it to charity in OKC and see what it buys.Paying Taxes buys nothing but giving it to a cause in OKC buys u the loyality of the Mayor and charitable groups, who will defend U till U go bankrupt.Theres a taxloop hole for those who have more than they need.Besides giving it to Uncle Sam buys u nothing, no good will or naming rights on public property…..if its give free………..it will Cost.bank on it.