BP slashes CEO pay by 40%

BP has cut its CEO’s pay by 40%. Bob Dudley’s salary in 2016 was reportedly worth $11.6 million (£9.3m), down from $19.4 million (£15.54m) in 2015. In February 2015, BP reported record financial losses and announced 3,000 job cuts – despite this, Mr Dudley was paid 20% more than in 2014. That sparked dissent from shareholders […]