BP boss Bernard Looney’s pay almost doubles to £4.5m in 2021
by Rob Davies from on (#5X8B5)
Remuneration package includes 142,000 wage increase and 2.4m in bonuses for financial performance
The pay of BP's boss, Bernard Looney, ballooned to nearly 4.5m in 2021, after soaring oil prices transformed the company into a cash machine".
Looney, who in February announced BP was selling its 20% stake in the Kremlin-controlled oil company Rosneft after coming under pressure from the UK government, enjoyed an inflated pay packet thanks to 2.4m in bonuses based on financial performance.
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