(Reuters) - BP Chief Executive Tony Hayward will collect a pay and pension package worth at least 11.8 million pounds ($18.03 million) when he steps down from his role at the company, the Times newspaper reported on Sunday. The Times said Hayward will be giving up 546,000 share options and a maximum of 2 million shares in the company under a long-term incentive plan, now worth an estimated 8 million pounds.
(Reuters) - BP Chief Executive Tony Hayward will collect a pay and pension package worth at least 11.8 million pounds ($18.03 million) when he steps down from his role at the company, the Times newspaper reported on Sunday.
The Times said Hayward will be giving up 546,000 share options and a maximum of 2 million shares in the company under a long-term incentive plan, now worth an estimated 8 million pounds.
So goodbye BP's Hayward - the man who managed to make Osama bin Laden Public Enemy Number 2 in the USA. Some feat.
