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BP CEO resigns over personal relationships with colleagues
Posted on 9/13/23 at 7:44 am
Posted on 9/13/23 at 7:44 am
quote:
LONDON, Sept 12 (Reuters) - BP (BP.L) CEO Bernard Looney resigned on Tuesday with immediate effect after less than four years in the oil major's top job for failing to fully disclose details of past personal relationships with colleagues, the company said.
Chief Financial Officer Murray Auchincloss will act as CEO on an interim basis, the company said.
Looney, 53, became CEO in February 2020 with a vow to reinvent the 114-year-old company, laying out ambitious plans for the British energy giant to achieve zero net emissions by 2050, and to invest billions in renewable and low-carbon power.
Looney's surprise resignation came after allegations of personal relationships with company colleagues surfaced recently, prompting the company to launch an investigation.
That followed similar allegations the board investigated in May 2022. During that review, Looney disclosed "a small number of historical relationships with colleagues prior to becoming CEO."
No breach of the company's code of conduct was found at the time and the board was given assurances by Looney "regarding disclosure of past personal relationships, as well as his future behaviour."
Looney informed BP's board on Tuesday that he did not fully disclose details of all relationships, prompting his resignation.
LINK /
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Posted on 9/13/23 at 7:45 am to ragincajun03
Insert my Looney pun here.
Posted on 9/13/23 at 7:45 am to ragincajun03
Slippery Brit's
Posted on 9/13/23 at 7:47 am to ragincajun03
Friends with Mel Tucker maybe?
Posted on 9/13/23 at 7:49 am to ragincajun03
Dipping your pen in the company’s ink is never a good idea
Posted on 9/13/23 at 7:49 am to ragincajun03
quote:
a vow to reinvent the 114-year-old company, laying out ambitious plans for the British energy giant to achieve zero net emissions by 2050, and to invest billions in renewable and low-carbon power.
Perhaps he should've been fired for this. This is like McDonalds moving away from hamburgers.
Posted on 9/13/23 at 7:51 am to Bjorn Cyborg
quote:
This is like McDonalds moving away from hamburgers.
I mean…IHOP became International House of Burgers for a time.
Posted on 9/13/23 at 7:52 am to Bjorn Cyborg
Posted on 9/13/23 at 7:53 am to ragincajun03
Sad day when you can't even frick the secretaries without getting fired. 
This post was edited on 9/13/23 at 8:13 am
Posted on 9/13/23 at 7:53 am to ragincajun03
Bro slept with a bunch of fat cougars early on to get his way to the top.
Posted on 9/13/23 at 7:55 am to ragincajun03
"Relationships with colleagues" sounds so vague. Like was he playing golf with work buddies or banging secretaries? 
He really churched that up. "A small number of historical relationships with colleagues."
quote:
Looney disclosed "a small number of historical relationships with colleagues prior to becoming CEO."
He really churched that up. "A small number of historical relationships with colleagues."
Posted on 9/13/23 at 7:56 am to ragincajun03
Don't dip your pen in company ink
Posted on 9/13/23 at 8:00 am to VADawg
Don’t dip your peen in company ink
Posted on 9/13/23 at 8:01 am to ragincajun03
Pussy is undefeated
Posted on 9/13/23 at 8:05 am to ragincajun03
Looney was raised on an Irish farm.
Maybe not the archetype of a BP CEO to some involved interests.
Maybe not the archetype of a BP CEO to some involved interests.
Posted on 9/13/23 at 8:11 am to ragincajun03
Posted on 9/13/23 at 8:26 am to ragincajun03
Lesson here is if you have to screw colleagues, always screw up the ladder.
Posted on 9/13/23 at 8:28 am to ragincajun03
Posted on 9/13/23 at 8:29 am to Bard
quote:
Perfect.
Posted on 9/13/23 at 8:35 am to drizztiger
Colleagues seems kinda of vague. He might of put his pen in the company's crapper.
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