BP, CEO Auchincloss

BP Says CEO Auchincloss's Pay Package Fell to 5.4 Million Pounds in 2024
LONDON (Reuters) - BP's CEO Murray Auchincloss earned 5.4 million pounds ($6.95 million) last year, the group said in its annual report on Thursday, down from 8 million pounds in 2023. The group said it paid no bonuses on the basis of financial performance.
BP CEO Sees Pay Cut 30% After Profit Miss, Elliott Intervention
BP Plc Chief Executive Officer Murray Auchincloss’ total compensation dropped to £5.36 million ($6.91 million) in 2024, about 30% less than the previous year, after the energy giant’s profits disappointed.
BP chief takes more than £2.3m pay cut after slump in profit
Murray Auchincloss’s pay fell by one-third last year, ahead of BP making a drastic pullback from its green energy targets.
BP Chief Executive's Pay Falls 31%
The pay of BP's chief executive fell 31% in 2024 as the British oil giant failed to hit several safety, operations and financial-based targets. Murray Auchincloss's total remuneration fell to 5.36 million pounds ($6.88 million) from 7.74 million pounds in 2023, the company said in its annual report.
BP’s CEO Cut His Teeth on Crisis — Now He Faces the Toughest Test Yet
“Boy, his hat is crises!” said Bob Dudley, former BP CEO and a mentor to Auchincloss. “I always said to Murray: management style should be fair, firm and friendly. Calm, patient and persistent. And I think he’s doing that.”
BP chief executive’s pay falls 30% after failing to meet key targets
BP chief executive Murray Auchincloss’s pay fell 30 per cent to £5.36mn last year after the struggling oil major failed to hit profit, operation and safety targets. While Auchincloss’s base salary rose to £1.
Global Witness15h
BP CEO bags obscene £5.4 million at UK households’ expense
BP CEO Murray Auchincloss earned 143 times more than the average British worker last year, laying bare the financial ...
CSP Daily News12h
bp Aims to Reduce Its Emissions 20% By the End of 2025
By the end of 2025 against the 2019 baseline, bp’s interim target is a 20% reduction in Scope 1 and 2 operational ...
Elliott Pushes Oil Giant BP to Ditch All Renewables
New York hedge fund Elliott Management is pushing British oil major BP (BP) to abandon all renewable energy projects, it was ...
Global Witness19h
BP boss earns 143 times more than average worker
Global Witness have revealed that the BP CEO's 2024 pay packet is 143 times higher than the average UK worker. They've ...
The Associated Press - Business News on MSN8d
BP to slash spending on net zero ventures as it focuses on oil and gas again
British energy company BP has confirmed it is to slash spending on green ventures and up its oil and gas production.
Saudi Arabia’s state-owned oil giant Aramco buy buzz lights up Castrol counter
Castrol India scrips at Rs 245.85 were up 10.59 per cent at BSE and stock was among the top five gainers during the day’s ...
Rolls-Royce and BP bosses to scoop millions in 2025 after seeing their pay slashed last year
Rolls-Royce chief exec Tufan Erginbligic (pictured) took a near-£10m pay cut despite leading the engine maker through a ...