He's a poster boy for greed. And if you're wondering why the Board of Directors granted him such a ridiculous contract, just take a look at how much the Board itself is compensated. Isenberg, Petrello, and the Board get the big bucks. All other employees get peanuts. That's probably why the CFO and VP of Legal resigned en masse a couple years ago.
This is not an isolated problem with NBR. This is Country Wide. Gee I wonder if this may be what they are Protesting about WOROLD WIDE.