BP under pressure to link pay deals of executives to safety performance
Refinery blast report puts firm's record in spotlight · Investors to vote against remuneration report Jill TreanorMonday March 26, 2007The Guardian
BP faces a showdown with its shareholders over the pay packet of the out-going chief executive, Lord Browne, and the failure of the oil company to link its directors' pay to health and safety issues.
An investment body whose members own 1.2% of the group's shares plans to vote against the company's remuneration report at its annual meeting on April 12. At the same time Pirc, the corporate governance body, is advising shareholders to reject the report.
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