BP plc (NYSE:BP) has denied bonuses to its top executives. BP plc (NYSE:BP) Denies Executive Bonuses BP plc (NYSE:BP) has decided not to pay bonuses from last year to any of the executive directors involved in the disastrous Gulf of Mexico spill. The company has, however, awarded partial pay-outs to two directors for meeting specific divisional targets. DeAnne Julius, the chairman of BP plc (NYSE:BP)’s remuneration committee said that, “Remuneration decisions for 2010 were dominated by the scale and impact of the accident in the Gulf of Mexico. In the judgement of the committee and the CEO this overrode the normal metrics for bonus outcomes.” BP plc (NYSE:BP) shares are currently standing at 48.21. Price History Last Price: 48.21 52 Week Low / High: 26.75 / 60.98 50 Day Moving Average: 46.54 6 Month Price Change %: 32.0% 12 Month Price Change %: -11.6%
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Friday, March 4, 2011
BP plc (NYSE:BP) Denies Executive Bonuses
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