Bpchief Enjoys Pay Bonanza As Reward for Profits Hike

The HeraldMarch 15, 2006

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Summary


LORD John Browne, chief executive of oil giant BP, saw his total pay plus bonuses swell to around GBP6.5m last year, up from GBP5.7m in 2004.

According to the group's latest annual report, Browne banked GBP1.45m in salary and a GBP1.75m cash bonus. He also received a share-based longterm performance bonus worth GBP3.2m.

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Bpchief Enjoys Pay Bonanza As Reward for Profits Hike

It came in a year when BP saw post-tax earnings jump 31per ce...

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