
Oil giant BP today confirmed that interim CEO Murray Auchincloss would become its permanent chief executive following the shock departure of his disgraced predecessor Bernard Looney.
A BP employee for more than 25 years, Auchincloss became interim CEO in September after Bernard Looney stepped down amid allegations that he was dishonest to the board over past relationships with employees. Looney forfeited more than £30 million in pay as a result.