Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Vitol Group, one of the world's largest commodity trading firms, distributed a record $10.6 billion to its executives and senior staff in 2024 through share buybacks. This payout reflects the continued financial gains experienced by commodity traders amid the ongoing energy crisis. On average, each partner received more than $17.5 million last year, with many senior executives likely earning substantially more. The substantial deferred compensation highlights the lucrative environment for energy traders during this period, and industry observers anticipate potential personnel changes in the coming months.
Each partner will have received an average of more than $17.5mn last year, although many senior executives are likely to have received much more. https://t.co/YVyC1xYMjF https://t.co/RETP6NwdC6
Vitol staff handed record $10.6bn payout The bumper deferred comp from the record-breaking ructions driven by the energy crisis starting to roll off across the industry Will be interesting if there are some big personnel moves in coming months https://t.co/iDaVw8n5hU via @ft
My college professor: trading will never be a good way of making money... Vitol: awards $10.6 billion record payout to its senior traders :) https://t.co/TEwRhWpnrx
