BP senior leaders' bonuses slashed to 45% of target
Investing.com -- BP (NYSE: BP ) is set to reduce bonuses for its senior executives to 45% of the target, following the company's failure to meet certain financial objectives in 2024, according a Reuters report on Tuesday.
Earlier this Tuesday, BP disclosed its earnings before interest, tax, depreciation, and amortization (EBITDA) for 2024. The reported EBITDA stood at $38 billion, falling short of the company's target, which was set at $40.9 billion.
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