BP to face rebellion on pay awards

Oil giant BP is expected to face further shareholder ire at its annual general meeting over “wholly unacceptable” boardroom pay packets awarded in the wake of the Gulf of Mexico oil disaster.

BP to face rebellion on pay awards

Oil giant BP is expected to face further shareholder ire at its annual general meeting over “wholly unacceptable” boardroom pay packets awarded in the wake of the Gulf of Mexico oil disaster.

Chief financial officer Byron Grote and chief executive of refining and marketing Iain Conn were awarded £380,000 and £310,000 respectively for hitting targets in their area of the business in 2010.

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