jaime - Tony Hayward steps down from BP
when: Friday, October 1st, 2010 - 12:00 am EDT
Until: 1:00 am EDT (1 hour)
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BP chief executive Tony Hayward will get an immediate annual pension worth about £600,000 ($930,000) when he leaves in October, the BBC has learned.
Mr Hayward's pension pot is valued at about £11m and he will keep his rights to shares under a long-term performance scheme which could - depending on BP's stock market recovery - eventually be worth several million pounds.
Mr Hayward's pension pot is valued at about £11m and he will keep his rights to shares under a long-term performance scheme which could - depending on BP's stock market recovery - eventually be worth several million pounds.
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Comments (3)
would've been a sweet retirement package if he wasn't being sent to Siberia. ha!
i hear it gets kinda chilly over there...
and there goes the fur coat allowance from bp ...
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