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 · Dec 13, 2023
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 · Oct 31, 2023
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 · Oct 31, 2023
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 · Oct 31, 2023
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 · Sep 23, 2023
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 · Sep 21, 2023
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 · Sep 20, 2023
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 · Sep 19, 2023
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 · Sep 15, 2023
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 · Sep 14, 2023
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 · Sep 14, 2023
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 · Sep 14, 2023
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 · Sep 13, 2023
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 The Guardian - UK · Sep 13, 2023
Evening Standard · Sep 13, 2023 When BP chiefs depart, it’s usually a dramatic exit City Comment: These embarrassing boardroom distractions are not helpful
Evening Standard · Sep 13, 2023 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.
Evening Standard · Sep 13, 2023 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 · Sep 13, 2023 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 · Sep 13, 2023 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 · Sep 13, 2023 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 · Sep 13, 2023 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 · Sep 12, 2023 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’
The Independent UK · Sep 12, 2023 BP chief executive Bernard Looney resigns over past relationships with colleagues The chief executive of British energy giant BP has resigned after he accepted that he was not “fully transparent” in his disclosures about past relationships with colleagues
Evening Standard · Sep 12, 2023 Shock as BP boss quits over ‘relationships with colleagues’ According to BP’s annual report, Looney was paid £10 million last year
The Guardian - UK · Aug 22, 2023 Top UK CEOs handed 16% pay rise as millions of workers squeezed – as it happened Data from the High Pay Centre thinktank showed FTSE 100 bosses collected an average £500,000 pay rise last year, taking their median pay to £3.9m