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Spectra Energy gives $750K bonus to chief development officer

Published 12/23/2016, 06:00 PM
Updated 12/23/2016, 06:00 PM
Spectra Energy gives $750K bonus to chief development officer
  • Spectra Energy (SE -0.3%) has granted an extraordinary bonus to its chief development officer for helping to pull together a recently approved merger.
  • In an SEC filing, the company disclosed a $750,000 payment for CDO Guy Buckley, "to reward his extraordinary efforts in respect of the proposed merger with Enbridge Inc. "
  • The company's shareholders last week overwhelmingly approved the stock-for-stock merger with Enbridge (ENB -0.3%), with 73% of outstanding shares in favor (and 98% of shares voted at the meeting).


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