Article 6K6FT BP claws back £1.8m from sacked boss Looney and hands new CEO £8m pay deal

BP claws back £1.8m from sacked boss Looney and hands new CEO £8m pay deal

by
Jasper Jolly
from World news | The Guardian on (#6K6FT)

Salary package for Murray Auchincloss branded sickening' by anti-fossil fuel campaigners

BP has clawed back 1.8m from sacked former chief executive Bernard Looney, but the oil company has awarded his successor an 8m pay packet that has been described by campaigners as sickening".

Looney left in September after failing to disclose personal relationships with colleagues to the board after a tip-off from a whistleblower. The board later formally dismissed him and said it had found his actions amounted to serious misconduct".

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