BP has reclaimed $2.3 million from former CEO Bernard Looney's 2023 pay package following his dismissal on Dec. 13 for failing to disclose past relationships, leading to an unexpected resignation. This move reduced Looney's total compensation for the year to £1.8 million. Concurrently, BP announced the appointment of Aviva boss Amanda Blanc as the next senior independent director and awarded new CEO Murray Auchincloss an £8 million pay deal for 2023 after Looney's shock exit.
BP clawed back $2.3 million more from ex-boss Bernard Looney's remuneration package following his dismissal in December. https://t.co/oAGpxvElL9
Ex-BP CEO Looney Takes £1.8 Million Hit in 2023 Compensation Oil and gas giant applies ‘malus and clawback’ penalties Looney resigned after failing to disclose relationships #oott https://t.co/htPnCiQpAo
BP claws back $2.3 million from former CEO Looney's 2023 pay https://t.co/zYw60q972Z https://t.co/6G9r5tWtCE
New BP boss gets £8m pay packet in 2023 https://t.co/6ZNsf04a6O
BP hands new CEO Murray Auchincloss £8 million after predecessor Looney's shock exit https://t.co/mq7J0nZrkY
BP names Aviva boss Amanda Blanc as next senior independent director https://t.co/ppklHaRCk7
BP Claws Back a Further $2.3 Million From Ex-CEO Looney https://t.co/ASGMEuXzTF
BP claws back £1.8m from sacked boss Looney and hands new CEO £8m pay deal https://t.co/RYLwbjos3z
Former BP CEO Bernard Looney took a £1.8 million hit to his total compensation in 2023, following his unexpected resignation last year https://t.co/n3kK0cx22w
BP claws back $2.3 million from former CEO Looney's 2023 pay #oott https://t.co/D9Z1P2JZ28
BP claws back $2.3 mln from former CEO Looney's 2023 pay https://t.co/nYlNXlW9Kv https://t.co/PCKvDTAbj7
⚠️ BP CLAWS BACK $2.3 MILLION FROM FORMER CEO LOONEY'S 2023 PAY Full Story → https://t.co/qSN8iwNuvr BP clawed back 1.8 million pounds ($2.3 million) from former CEO Bernard Looney's 2023 pay package following his dismissal on Dec. 13 for failing to disclose past… https://t.co/2GAzrkNnNy