BG Group Paid Its Boss £10.9m Last Year

Sunday, April 5, 2009 17:49
Posted in category News

The integrated oil and gas company—BP Group, reported a 74% leap in earnings and operating profits rose 65%. Meanwhile, its shares has fallen by 15%.
Chief executive of the Group—Frank Chapman, pocketed £10.9m in payment. It is revealed in the annual report and accounts of the group. It makes him the highest paid energy chief in the Footsie.
The bumper package covers a basic salary of £1m, a cash bonus of £838000, a £7.3m package of vested shares, as well as a £678000 pension top-up.
In the current economic environment, this package is pretty impressive.

Share and Enjoy:

  • Digg
  • Sphinn
  • del.icio.us
  • Facebook
  • Mixx
  • Google Bookmarks
  • Technorati
  • Twitter
  • Live
  • MySpace
  • Netvibes
  • StumbleUpon
  • NewsVine
  • Ping.fm
  • Reddit
  • Yahoo! Bookmarks

Related posts:

  1. BA Boss Turns Down Bonus‏
    Willie Walsh, boss of British Airways has turned down a...
  2. Spend Billions to Let The Low-paid Keep Some Benefits
    David Cameron is being advised to put an extra £2.7...
  3. Bonus Year Boost for Sporting Staff
    Sports Direct has extended a bonus scheme for employees for...
  4. Pressure Grows on Pru Boss as Jittery Investors Dump Share
    Prudential has lost a one fifth off its stock market...
  5. Man Group Prunes Back its Outflows
    The world’s largest quoted hedge fund–Man Group, announced that it...
You can leave a response, or trackback from your own site.

Leave a Reply

ss_blog_claim=525c1fce334ae6929f33f2287bed57aa ss_blog_claim=525c1fce334ae6929f33f2287bed57aa