BP CEO Bernard Looney resigns after not being 'fully transparent' on prior relationships
Publishing timestamp: 2023-09-12 18:06:23
Summary
BP CEO Bernard Looney resigns after less than four years on the job due to lack of transparency in previous disclosures about relationships with colleagues. Interim CEO appointed as investigations are ongoing. Company facing pressure from activists and shareholders after rolling back emission reduction targets.
Sentiment: MIXED
Tickers: BP.-GB,
Keywords: breaking news: markets, markets, bp plc, business news, breaking news: investing, investment strategy, energy,
Source: https://www.cnbc.com/2023/09/12/bp-ceo-bernard-looney-will-resign-report-says.html