News
05 March 2018

Noble paid co-CEO Jeff Frase $20m as losses hit $5bn

Region:
Asia-Pacific

Hong Kong-headquartered Noble Group handed its outgoing co-Chief Executive Officer Jeff Frase a remuneration package worth about $20 million last year, despite the commodity trader slumping to a record loss of almost $5 billion. The remuneration is more than the $15 million than Noble has offered to...

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