Dr. Ray R. Irani has significant holdings in Occidental Petroleum, where he has been a key figure since the early 1980s. At his peak, his total compensation reached up to $97.4 million in 2009, highlighting the immense value he contributed...
Dr. Ray R. Irani has significant holdings in Occidental Petroleum, where he has been a key figure since the early 1980s. At his peak, his total compensation reached up to $97.4 million in 2009, highlighting the immense value he contributed during that year. His stock ownership has been noteworthy; he was not just an executive but the largest individual stockholder. This means his interests were closely tied to the company's performance. Despite stepping down from his executive role, Irani still had substantial equity in the company, a signal of his commitment to shareholders and the long-term vision of the business. As he transitioned away from the board in 2013, he maintained a strong financial position, with his wealth largely tied to Occidental, indicating both trust in the company's backbone and a vested interest in its enduring success.