BP boss Bernard Looney’s pay package more than doubles to £10m

1 year ago 29

Bumper figure follows annual profits of £23bn linked to soaring gas prices sparked by Russia-Ukraine war

The pay package of the BP chief executive, Bernard Looney, has more than doubled to £10m after a year in which the oil and gas giant posted record profits linked to the war in Ukraine.

His package included a salary of £1.4m, a bonus of £2.4m – down fractionally on 2021 – and a £6m share award, as well as benefits. The total package was 120% more than the £4.5m he received in 2021.

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