Company says he only disclosed ‘a small number of historical relationships prior to becoming CEO’

The chief executive of BP has resigned less than four years into his tenure after admitting that he failed to fully detail relationships with colleagues.

Bernard Looney, who has spent his entire career with BP, has departed the £88bn company immediately in a surprise move. On Tuesday night, the company informed investors that Looney “did not provide details of all relationships and accepts he was obliged to make more complete disclosure”.

Continue reading…

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Voting begins in India’s election with Modi widely expected to win third term

First phase in world’s largest democratic exercise begins, with 969 million people…

What is going on with Elon Musk and Ron DeSantis? | Robert Reich

What unites Musk and DeSantis isn’t libertarianism at all. It’s authoritarianism The…