Energy
BP looking to claw back millions in bonuses paid to former boss Bernard Looney
The 53-year-old Kerryman resigned last week over him not being ‘fully transparent’ in previous disclosures to the BP board about relationships with colleagues
Millions in bonuses awarded to Bernard Looney, the Irish BP chief executive who resigned last week after misleading the board over personal relationships with staff, are likely to be clawed back by the oil giant.
A spokesman for BP said a decision was yet to be made on the remuneration payments to Looney, who was paid £13 million in bonuses and share awards since becoming chief executive in 2020.
Looney’s shock resignation has led to ...
