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BP cuts CEO's pay by 40%

Posted online April 6, 2017 | 11:54 am

BP cut CEO Bob Dudley's pay package by 40 percent to $11.6 million.

His pay has faced shareholder backlash as executives in Britain have been involved in a string of corporate scandals.

Dudley's pay was cut by nearly $8 million.

Read more from Reuters.

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