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Former BP CEO Bernard Looney is forfeiting about $40 million in severance because the company’s board determined he engaged in “serious misconduct” for not fully disclosing his relationships ...
Bernard Looney, who resigned as chief executive of BP in September, is paying a steep price for his failure to disclose past personal relationships with colleagues. On Wednesday, BP, the London ...
Molly Bohannon has been a Forbes news reporter since 2023. Former BP chief executive Bernard Looney will have to forfeit more than $40 million in compensation—and return some of last year’s ...
BP CEO Bernard Looney is resigning due after not disclosing past personal relationships with colleagues, multiple news outlets reported Tuesday, three years after taking over as head of the ...
BP on Wednesday said it will claw back up to $40.59 million in pay from ousted CEO Bernard Looney after the British oil giant concluded he "knowingly misled" the board regarding personal ...
Bernard Looney during the Business 20 (B-20) Summit in New Delhi, India, on Saturday, Aug. 26, 2023. Photo: Prakash Singh/Bloomberg News ...
BP named Looney CEO in February 2020 and, three months later, the board said, it learned he had previous personal relationships with company colleagues. The information, the company said, came ...
Bernard Looney resigned as CEO of BP on Tuesday over undisclosed relationships with colleagues. His ex-wife, Jacqueline Hurst, wrote in her 2021 book he ended their marriage in a text message.
The sudden end to BP BP0.33%increase; green up pointing triangle Chief Executive Officer Bernard Looney’s 32-year career at the British energy giant could free the company to do more of what ...
Bernard Looney, 53, shocked the City by stepping down as CEO after admitting he had not been 'fully transparent' during a probe into past relationships with colleagues.
Former BP CEO Bernard Looney is forfeiting about $40 million in severance because the company’s board determined he engaged in “serious misconduct” for not fully disclosing his relationships ...