Thread regarding Devon Energy Corp. layoffs

One CEO

Check the 8K filings to see Clay got an increase to $1.5MM base salary retroactive to the closing in May and an LTI award of $2.7MM while everyone is told they’ll calibrate compensation next year. Clearly merit based because the merger is going sooooooo well. Everything else is a cluster F@$! Sh-t show but when I put my head down on the pillow at night I sleep well knowing we’ve got just one CEO and he’s clearly doing so well.


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Post ID: @OP+1m14d3vnw

5 replies (most recent on top)

@fb exactly.

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Post ID: @gh+1m14d3vnw

CTRA got paid better because they need to be technically sound to keep their job. Bootlicking didnt get you that far for what they have told me.

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Post ID: @fb+1m14d3vnw

@eg There's some conflicting info here. On several other posts, L-DVN people say they get paid significantly less than L-CTRA counterparts. But you're saying CTRA is cheap. So which is it?

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Post ID: @ev+1m14d3vnw

That’s Low compared to industry. CTRA IS cheap and typically understaffed. Was hoping this was changing soon. ?

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Post ID: @eg+1m14d3vnw

Boss makes a dollar, I make a dime. That's why I sh-t on company time.

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Post ID: @a8+1m14d3vnw

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