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Sir John Browne, Group Chief Executive Officer at BP Amoco plc, at the company's interim results meeting in central London. * 26/04/01 Sir John was named as one of 15 new peers who applied to become members of the House of Lords as part of the Government's constitutional reform shake-up. The final 15, drawn from a total of 3, 141 nominations, were all well known figures in their fields of expertise and included seven with Knighthoods and three Professors. 13/03/02 : A new row over "fat cat salaries broke out tonight after it emerged that the chief executive of oil giant BP has been given a 58% pay rise. The salary of Lord Browne increased from 1.9 million in 2000 to just over 3 million last year. His basic pay rose from 869, 000 to 1.2 million but he was also given a performance bonus and expenses. Lord Browne also received shares worth 2.6 million and 1.2 million share options.
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