Bernard Looney is out as CEO of BP after failing to fully disclose personal relationships with colleagues, the company said Tuesday.
"Mr. Looney has today informed the Company that he now accepts that he was not fully transparent in his previous disclosures," BP said in a press release."He did not provide details of all relationships and accepts he was obligated to make more complete disclosure."
"However, the Board sought and was given assurances by Mr. Looney regarding disclosure of past personal relationships, as well as his future behaviour," the release reads. 17/11/2022. Global Head of BP Bernard Looney, photographed at the Park Hyatt hotel in The Rocks, Sydney during a trip to Australia. Britta Campion / The Australian
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