Svanberg

BP Shareholders Reject Dudley’s Pay Raise; Chairman Says, ‘We Hear You’

BP plc shareholders staged a rare protest at the usually sedate annual meeting in London Thursday, roundly rejecting a decision to increase CEO Bob Dudley’s 2015 compensation by 20%, despite massive job cuts and record losses.

April 14, 2016

BP Shareholders Reject Dudley’s Pay Raise; Chairman Says, ‘We Hear You’

BP plc shareholders staged a rare protest at the usually sedate annual meeting in London Thursday, roundly rejecting a decision to increase CEO Bob Dudley’s 2015 compensation by 20%, despite massive job cuts and record losses.

April 14, 2016