BP's chief executive takes £2.3m pay cut as the company’s profits slump
This fundamental reset of our strategy demonstrates a clear focus on actions to drive performance improvement and grow cash flow and returns for bp's shareholders'
BP CEO sees pay cut 30% after profit miss, Elliott intervention
Murray Auchincloss is in the middle of a roadshow meeting with investors in London in the hope of enlisting support for the company’s new direction.
BP says CEO Auchincloss's pay package fell to 5.4 million pounds in 2024
BP's CEO Murray Auchincloss earned 5.4 million pounds ($6.95 million) last year, the group said in its annual report on Thursday, down from 8 million pounds in 2023.
BP chief takes more than £2.3m pay cut after slump in profit
Murray Auchincloss’s pay fell by one-third last year, ahead of BP making a drastic pullback from its green energy targets.
BP chief executive’s pay falls 30% after failing to meet key targets
BP chief executive Murray Auchincloss’s pay fell 30 per cent to £5.36mn last year after the struggling oil major failed to hit profit, operation and safety targets. While Auchincloss’s base salary rose to £1.
BP Chief Executive takes huge pay cut as profit slashed at FTSE 100 giant
BP's Chief Executive Murray Auchincloss has accepted a significant decrease in pay, with his earnings for 2024 totalling £5.4 million, down from £7.7 million the prior year, marking a £2.3 million reduction as the oil titan saw its profits diminished.
BP Chief Executive's Pay Falls 31%
The pay of BP's chief executive fell 31% in 2024 as the British oil giant failed to hit several safety, operations and financial-based targets. Murray Auchincloss's total remuneration fell to 5.36 million pounds ($6.88 million) from 7.74 million pounds in 2023, the company said in its annual report.
Global Witness1h
BP CEO bags obscene £5.4 million at UK households’ expense
BP CEO Murray Auchincloss earned 143 times more than the average British worker last year, laying bare the financial ...
Canadian Natural Resources reports fall in fourth-quarter profit
Oil and gas company Canadian Natural Resources on Thursday posted a fall in fourth-quarter profit as weaker commodity prices ...
Elliott Pushes Oil Giant BP to Ditch All Renewables
New York hedge fund Elliott Management is pushing British oil major BP (BP) to abandon all renewable energy projects, it was ...
Global Witness5h
BP boss earns 143 times more than average worker
Global Witness have revealed that the BP CEO's 2024 pay packet is 143 times higher than the average UK worker. They've ...
Saudi Aramco Exploring Initial Bid for BP's Castrol Unit, Source Says
(Reuters) - Saudi Aramco is in the early stages of considering a potential bid for BP's lubricant business Castrol, according ...