Business

BP CEO Looney’s 2021 salary package will more than double to around $5.9 million

FILE PHOTO: BP's new Chief Executive Bernard Looney delivers a speech in central London
FILE PHOTO: BP’s new Chief Executive Bernard Looney speaks during a Q&A in central London, Britain February 12, 2020. REUTERS/Toby Melville

March 18, 2022

LONDON (Reuters) – BP CEO Bernard Looney’s total compensation for 2021 rose to 4.46 million pounds ($5.86 million) from 1.74 million, BP’s annual report released on Friday showed.

BP’s profits in 2021 hit an eight-year high on higher oil and gas prices, after a loss the previous year marked by a slump in fuel demand due to coronavirus restrictions.

($1 = 0.7614 pounds)

(Reporting by Shadia Nasralla; Editing by Jason Neely)

https://www.oann.com/bp-ceo-looneys-2021-pay-package-more-than-doubles-to-around-5-9-million/?utm_source=rss&utm_medium=rss&utm_campaign=bp-ceo-looneys-2021-pay-package-more-than-doubles-to-around-5-9-million BP CEO Looney’s 2021 salary package will more than double to around $5.9 million

DUSTIN JONES

USTimeToday is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – admin@ustimetoday.com. The content will be deleted within 24 hours.

Related Articles

Back to top button