Ian Guider's Market Talk

Shareholders should keep a close eye on executive pay as the annual reports pour in

Aidan Heavey of Tullow Oil: controversial pay hikeTony O'Shea

Around this time of year, the annual reports of most companies land with a heavy thud on doormats across the country. One of the first through the doors last week was that of Tullow Oil, whose shares are listed on the London stock exchange. It is a meaty tome, clocking in at 180 pages. The most interesting bits are the details of executive pay.

Last year, Tullow’s entire board of directors were paid ...