Thread regarding DCP Midstream Partners L.P. layoffs

Massive layoffs in progress at DCP

$DCP midstream is cutting 15% of its workforce.

At the same time, CEO Wouter van Kempen is taking a 15% cut to pay. Kempen's 2019 total comp = 20% higher than 2018.

Other execs take 10% pay cut. For named execs on proxy, avg salary hike for 2019 = 17.3%.

#shale

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| 1851 views | | 1 reply (April 18, 2020) | Reply
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Wouter is the issue and needs to go!

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