Halliburton to let board nominees accept outside cash

The company logo of Halliburton oilfield services corporate offices is seen in Houston, Texas April 6, 2012. REUTERS/Richard Carson·Reuters· (Reuters)

(Reuters) - Oilfield services provider Halliburton Co has revised its bylaws to allow proposed new board members to receive compensation from outside groups simply for being nominated. 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)

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