BP chief Bob Dudley's pay jumps by almost 13% to $13.4m

Repeat of shareholder revolt of two years ago is unlikely after oil firm’s strong 2017 performanceThe pay of BP’s chief executive, Bob Dudley, jumped by almost 13% last year to $13.4m (£9.5m), bringing it closer to the $19.4m pay package shareholders rejected two years ago.In 2016, the oil company’s investors staged a revolt over a 20% pay rise for 2015 after BP posted its worst ever loss. Dudley’s pay was cut to $11.9m in 2016. Continue reading...