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BP shareholders vote down CEO pay rise

BP CEO Bob Dudley's spiel at yesterday's AGM that he's steering the ship well through tough times has not convinced the UK supermajor's shareholders, who voted in protest at its decision to award him a 20% pay rise after it reported a record net loss and more recently failed in its bid to get its Great Australia Bight exploration approved.

Anthony Barich
BP shareholders vote down CEO pay rise

Preliminary results announced at the AGM showed more than 59% of shareholders voted by proxy to reject BP's 2015 compensation report which increased Dudley's total compensation including salary, shares,...

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