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 CEO Sees Pay Cut 30% After Profit Miss, Elliott Intervention
BP Plc Chief Executive Officer Murray Auchincloss’ total compensation dropped to £5.36 million ($6.91 million) in 2024, about 30% less than the previous year, after the energy giant’s profits disappointed.
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 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.
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's chief executive takes £2.3m pay cut as the company’s profits slump
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BP CEO bags obscene £5.4 million at UK households’ expense
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