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Halliburton to let board nominees accept outside cash [February 19, 2014] (Reuters) — Oilfield services provider Halliburton Co <HAL.N> has revised its bylaws to allow proposed new board members to receive compensation from outside groups simply for being nominated. |
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The company removed a prohibition in its bylaws
against new board members receiving such compensation, a
regulatory filing showed on Tuesday. Nominees would have to
disclose any compensation in writing to the company. The change was decided last week by the current 11-member board. A Halliburton representative was not immediately available to
comment. (Reporting by Ernest Scheyder; editing by Bernadette Baum) [© 2014 Thomson Reuters. All rights reserved.] Copyright 2014 Reuters. All rights reserved. This material may not be published,
broadcast, rewritten or redistributed.
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