Apr 11, 2016
Shareholder Group Says: BP's CEO Needs a Massive Pay Cut
Shareholder Group Says: BP’s CEO Needs a Massive Pay Cut
[featured][/featured]ShareSoc (the UK Individual Shareholders Society) is advising its Members to vote against the Remuneration Report resolution at the forthcoming Annual General Meeting of BP. We consider the pay of the CEO to be simply too high, and particularly so in a year when the company suffered a record loss of $6.4 billion in 2015. Even so his pay went up by 20%. Part of the reason for…
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