Categories: Business

BP CEO Looneys 2021 pay bundle greater than doubles to close $5.9 million

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Bernard Looney, chief govt officer of BP Plc, gestures whereas talking throughout a information convention in London, U.Okay., on Wednesday, Feb. 12, 2020.

Bloomberg | Getty Photographs

BP CEO Bernard Looney’s complete renumeration in 2021 rose to £4.46 million ($5.86 million) from £1.74 million, BP’s annual report printed on Friday confirmed.

BP’s 2021 earnings hit an eight-year excessive on greater oil and fuel costs, after a loss the earlier 12 months which was marked by collapsing gasoline demand resulting from coronavirus restrictions.

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