The company defended the financial largesse, pointing out that the bulk of it was attached to company performance. "This package reflects record results at BP. Lord Browne does a first-class job and deserves to be paid competitively," a spokesman said.
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BP Chief Awarded For Company Progress
British Petroleum chief Lord Browne earned 5.6 million pounds
British Petroleum chief Lord Browne earned 5.6 million pounds last year for reaching record annual profits of the group, The Guardian reported.
His basic salary was 1.4 million pounds but a performance-related bonus of 2.2 million pounds and other benefits bumped his package up to 3.7 million pounds, compared with 3.3 million the year before.
The company defended the financial largesse, pointing out that the bulk of it was attached to company performance. "This package reflects record results at BP. Lord Browne does a first-class job and deserves to be paid competitively," a spokesman said.
The company defended the financial largesse, pointing out that the bulk of it was attached to company performance. "This package reflects record results at BP. Lord Browne does a first-class job and deserves to be paid competitively," a spokesman said.
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