Investors Revolt Over Pay Hike For Oil Ceo

Shahien Nasiripour, Huffington Post: Business
Thu, 04/14/2016 - 12:10pm

Shareholders of British oil company BP repudiated a 20 percent pay bump for Chief Executive Bob Dudley on Thursday, with about three in five votes objecting to Dudley's raise in one of the strongest investor revolts of recent years. Investors rarely disapprove of company executives' pay packages, according to executive pay firm Equilar.

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Investors Revolt Over Pay Hike For Oil Ceo

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