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
Revealed: Big tech’s new datacentres will take water from the world’s driest areas
Couple who ran Swedish eco-resort say 158 barrels of human waste left behind was ‘very normal’
Meta faces antitrust claims at trial over Instagram and WhatsApp ownership