Saturday, 27 December 2014
Last updated 3 days ago
May 15 2012 | 1:20pm ET
Clive Capital's highest paid employee had to do with less than half as much in compensation last year, as the firm's profit also fell by roughly half.
That employee—presumably founder Christian Levett, although Clive did not identify him in the Companies House filing today—took home US$60.8 million in the 12 months to the end of February. In the prior 11 months, the employee earned US$135 million.
All told, Levett and Clive's other directors, Richard Boland and Elizabeth Holstein, were paid US$82.5 million in the year to February. The three received US$168 million in the 11 months prior.
Clive's profits dropped from US$167.5 million to $79.5 million in the period, which included last May, when Clive lost some US$400 million on bad oil bets.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.