BP CEO Resigns Over Undisclosed Relationships With Colleagues
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BP CEO Bernard Looney resigned immediately after failing to fully disclose past personal relationships with colleagues.
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CFO Murray Auchincloss takes over as interim CEO.
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Looney became CEO in 2020 and led BP's efforts to reduce emissions and invest in renewables.
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Looney did not fully disclose all relationship details during a May 2022 board investigation.
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Auchincloss has been BP's CFO since 2020 and helped steer the company through COVID-19 and exiting Russia.