BP cuts CEO's pay package after shareholder backlash

LONDON (Reuters) - BP has cut Chief Executive Bob Dudley's 2016 pay package by 40 percent to $11.6 million (9 million pounds), the latest British bluechip company to rein in executive pay after a wave of shareholder revolts.

from Reuters: Top News http://uk.reuters.com/article/uk-bp-salary-idUKKBN17816X?feedType=RSS&feedName=topNews