The CEO of BP, Bernard Looney, has resigned after admitting to not being fully transparent about past relationships with colleagues. The company’s board had reviewed allegations relating to Looney’s conduct in May 2020 and found no breach of company rules. However, further allegations prompted another investigation, and Looney now accepts that he was not fully transparent in his disclosures.
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BP chief Bernard Looney resigns over past relationships with colleagues
The CEO of BP, Bernard Looney, has resigned after admitting to not being fully transparent about past relationships with colleagues. The company’s board had reviewed allegations relating to Looney’s conduct in May 2020 and found no breach of company rules. However, further allegations prompted another investigation, and Looney now accepts that he was not fully transparent in his disclosures.
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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