Financial Times FT.com

BP investors uneasy about executive retirement rules

By Chris Hughes

Published: July 27 2006 03:00 | Last updated: July 27 2006 03:00

BP should reconsider its requirement that executives retire at 60 following the recent boardroom feud over the departure of Lord Browne, its chief executive, several of the oil group's leading shareholders said yesterday.

The 58-year-old executive was due to stand down in February 2008, but earlier this week struck a compromise deal that will see him continue until the end of that year.

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