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The Latest Breaking News from Bernard Looney

BP denies ex-CEO Looney a $41 million payout, saying he misled the firm over work relationships

BP says its former chief executive has been denied a payout of 32.4 million pounds, or $41 million, after he was found to have misled the company over his past relationships with colleagues

The Independent UK

Ex-BP CEO Looney's Pay Tap Officially Turned Off!

Former BP maestro, Looney, waves farewell to future pay packets from the oil giant. Quite the plot twist in the corporate world's grand opera!

Top News

BP to deny Bernard Looney £32m in pay and shares after finding ‘serious misconduct’

Oil firm concludes former chief misled board when it sought assurances over disclosure of personal relationships

The Guardian - UK

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BP’s interim boss struggles to be heard. But his message is right

‘Nothing’s changed’ stance by Murray Auchincloss needs time despite sceptism of investors

The Guardian - UK

BP shares take a hit on profit miss even after fresh $1.5 billion payday for investors

The UK's fourth most valuable company makes the biggest fall on the FTSE 100

Evening Standard

BP plays down takeover speculation after lower than expected profits

Oil company’s future in doubt amid US mergers after shock exit of its chief executive Bernard Looney

The Guardian - UK

Tainted love: is it all over for the workplace romance?

Company values, employment law and fairness at work have changed the politics of office relationships

The Guardian - UK

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OPINION - Dull corporate bores are trying to outlaw the office romance — how hopeless

The corporate world is another country. They do things differently there. Yet another big swinging dick has bitten the dust after the board discovered “historical” romantic liaisons he hadn’t reported to them.

Evening Standard

Cboe’s CEO resigns: Yet another chief ousted for undisclosed relationships

Cboe announced Edward Tilly's resignation in a statement on Tuesday following an investigation that determined the CEO's lack of transparency 'stands in stark contrast to the company’s values'.

Fortune

BP names Kate Thomson as interim CFO. Now, 3 major oil and gas companies have women at the helm of finance

Thomson brings deep technical knowledge together with a detailed understanding of the company, says BP's interim CEO Murray Auchincloss.

Fortune

BP to review personal relationships between staff to root out ‘problematic’ conduct

Exclusive: oil giant to put particular focus on senior managers after shock departure of CEO Bernard Looney

The Guardian - UK

New BP boss to replace Bernard Looney could be external hire, says chairman

Helge Lund says hiring process could lead to oil giant’s first external chief executive hire for decades

The Guardian - UK

BP must not backtrack on climate action after CEO’s exit, say campaigners

Outgoing chief executive Bernard Looney presided over plans to cut fossil fuel output by end of decade

The Guardian - UK

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

In today’s newsletter: The CEO quit after admitting he had not been ‘fully transparent’ about relationships he had with employees – is this just the start of a new era of corporate accountability?

The Guardian - UK

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The Guardian - UK

BP board faces questions over ex-CEO’s personal relations with colleagues

Sources say there was speculation about Bernard Looney’s relationships at the firm long before he became chief executive

The Guardian - UK

BP needs a new chief executive not a slower strategy towards net zero

Oil firm should get out and argue the case for sticking to the transition timetable as Bernard Looney’s successor is sought

Evening Standard

When BP chiefs depart, it’s usually a dramatic exit

City Comment: These embarrassing boardroom distractions are not helpful

Evening Standard

FTSE 100 Live: Shares close flat as UK GDP shrinks by 0.5%, BP CEO quits, US inflation up

The shock resignation of one of the UK’s most influential captains of industry was the main talking point on London’s stock market today, as the FTSE 100 held steady overall.

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Investors Business Daily

Questions Of Conduct: BP CEO Bernard Looney Resigns. Oil Stocks Near Buy Points.

BP reported Tuesday that Chief Executive Officer Bernard Looney stepped down.

Evening Standard

BP ‘turtle’ Brendan Looney out of the company he loved after relationships with staff

The story of how BP’s £10m-a-year-boss Brendan Looney had it all and threw it away

The Guardian - UK

BP shares fall after shock departure of chief executive

Bernard Looney resigned having admitted to failing to fully detail relationships with colleagues

The Independent UK

BP leader is the latest to resign over questions about personal conduct

Global energy giant BP is scurrying to find a new chief executive after CEO Bernard Looney became the latest corporate leader to step down amid questions about his personal conduct

The Guardian - UK

Four charged with fraud over Patisserie Valerie collapse; UK GDP shrinks 0.5% in July – as it happened

All three main sectors of the economy in decline after strikes by doctors, radiographers and teachers, while construction and retail hit by wet weather

The Independent UK

BP boss Bernard Looney resigns over past relationships with colleagues

Irishman took role as chief executive of oil giant in February 2020 with pledge to make it carbon neutral by mid-century

The Guardian - UK

BP boss Bernard Looney resigns after failing to reveal relationships with colleagues

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

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