04-14-2016, 12:33 PM
Quote:BP has defended a huge increase in the amount it paid CEO Bob Dudley in the face of anger among many investors. Shareholders voting at BP's annual meeting Thursday are angry that Dudley took home $19.6 million in pay and benefits in 2015, up 20% over the previous year. The bumper payout came despite an annual loss of $5.2 billion, a collapse in the group's share price, and plans to shed 7,000 jobs by the end of 2017.BP defends massive pay hike for CEO - Apr. 14, 2016

