Several oil and natural gas companies in the US and Europe boosted their chief executives' remuneration last year, in spite of often missing performance targets or other measures of investor value, data collected by the Financial Times show.
The most significant bonus of 2008 was that of Aubrey McClendon, chief executive of Chesapeake Energy, one of the US's biggest natural gas producers.
Mr McClendon, who founded Chesapeake in 1989, received a bonus of more than $75m after Chesapeake's falling stock price forced him to sell more than 90 per cent of his shares to meet a margin call from his creditors.
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