BP shareholders have rejected a package of pay almost £ 14m for Chief Executive Bob Dudley, at the annual general meeting of the oil company.
Just over 59% of investors declined 20% increase Mr. Dudley, one of the biggest rejection to date of a payment agreement of business in the UK.
The vote is not binding on blood pressure, but earlier, President Carl-Henric Svanberg promised to revise the terms of future payment.
Dudley received the rise despite falling profits of BP and job cuts.
Manifesto corporate governance adviser says the vote is equal to or higher than fifth largest in the UK against an agreement of the boardroom pay.
'The last chance saloon'
In his opening speech of the meeting of shareholders before the vote had been officially announced, Mr. Svanberg recognizes the strength of feeling, saying. "Let it be clear we hear."
He continued: "We will sit with our largest shareholders to make sure we understand their concerns and again seek your support for a new policy."
"We know by delegations received and discussions with our institutional investors that there is a real concern for the salaries of directors in this difficult year for our shareholders.
"In return, shareholders reactions are very strong. They are looking for change in how we address this in the future," he said.
The Institute of Directors said the shareholder rebellion would "determine the future of business management in the UK".
"British Tables are now in the last chance, taking into account the will of the shareholders in cases like this, it will only be a matter of time before the government has introduced stricter regulations on executive compensation," he said CEO Simon Walker.
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