| Online: | |
| Visits: | |
| Stories: |
| Story Views | |
| Now: | |
| Last Hour: | |
| Last 24 Hours: | |
| Total: | |
BP CEO gets 25% pay rise while profits drop
Wednesday, March 4, 2015 10:58
% of readers think this story is Fact. Add your two cents.
BP Chief Executive Bob Dudley was given a 25 percent rise in total pay and bonuses in 2014 despite a drop in profits at the oil major, according to the annual report.
Dudley’s remuneration rose from $10.17 million in 2013 to $12.74 million last year, according to BP’s annual report released Tuesday. He also received $9.8 million in share awards. In January the company cuts its capital spending program and imposed a salary freeze, weeks after axing hundreds of jobs in Scotland and thousands more globally as a result of falling oil prices and profits. BP has frozen the pay of its 84,000 workforce around the world after a nearly 50 percent fall in crude prices since last summer …. http://rt.com/business
Source: http://luismmx.blogspot.com/2015/03/bp-ceo-gets-25-pay-rise-while-profits.html
