One-in-10 investors voted against Bob Dudley’s £4m pay package, while directors were attacked for safety lapses and painting a ‘rosy’ picture of Gulf of Mexico cleanup
An attempt by BP management to move on from the Gulf of Mexico crisis that has dogged it over the last two years was undermined at a turbulent annual meeting when the oil group came under fierce fire from its own shareholders.
More than 10% of investors voted against a £4m pay package secured by chief executive Bob Dudley while directors were attacked for continuing safety lapses and accused of painting an over “rosy” picture of the US cleanup.
For more on this story, visit: BP under fire at turbulent AGM | Business | The Guardian.