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

7 months ago 30

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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