Local Business Faroe CEO’s pay package swells to over £1m By Allister Thomas May 1 2018, 8:23 am May 1 2018, 8:23 am Share Faroe CEO’s pay package swells to over £1m Share via Facebook Twitter Whatsapp Messenger Linkedin Email Post link https://www.pressandjournal.co.uk/fp/business/local/1465761/faroe-ceos-pay-package-swells-to-over-1m/ Copy Link Graham Stewart, Chief Executive at Faroe Petroleum Faroe Petroleum’s CEO Graham Stewart saw his total pay package swell to over £1million last year. The Aberdeen-based firm’s annual report shows Mr Stewart received £1,074,000 in 2017, up from £798,000 the previous year. The increase was largely due to the grant of long-term incentives for good performance of £336,000. Last year the UK and Norway-focussed oil explorer significantly reduced its pre-tax losses from £61.5 million to £13.7 million. To read more on Energy Voice, click here.
