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LA Biz Observed's Mark Lacter has a column in the December issue of Los Angeles magazine on how Occidental Petroleum — the largest publicly traded company left in L.A. — found itself at the center of a shareholder revolt over the $900 million that CEO Ray Irani has taken home in the last decade. "Occidental is not an easy company to love," Mark writes in the piece. "It’s boring. It’s slow. It has no direct connection with consumers...It doesn’t buy commercial time during the Super Bowl."
Los Angeles magazine illustration by Richard Downs