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”.
About Author
More Stories
In the red: global wine sales fall to lowest levels since 1961
Uyghur rights group calls on hotel chains not to ‘sanitise’ China abuses in Xinjiang
China accuses UK politicians of ‘arrogance’ in British Steel row