Thursday briefing: What we know about the sudden exit of BP’s Bernard Looney

Bernard Looney, then CEO of oil and gas company BP, walks into 10 Downing Street in London, 11 September 2020. Photograph: Matt Dunham/AP

Good morning. The chief executive of BP, one of the UK’s biggest companies, quit on Tuesday in a shock announcement admitting he had not been “fully transparent” when disclosing the truth about relationships he had with employees.

Bernard Looney, 53, becomes the latest in a series of high profile CEOs forced to resign as boardrooms across the world increasingly scrutinise their executives’ behaviour.