New boss replaces Irishman Bernard Looney forced out in September
Bernard Looney
From flight cancellation misery and forfeited pay to corporation tax hauls and obesity drug bonanzas, everything in 2023 had either a value or a cost
A tech sector slowdown coupled with rising interest rates gave many a year to forget
Oil major briefed leaders on fielding queries over £32.4m clawback from its ex-chief
The best news, analysis and comment from The Irish Times business desk
Oil group says it has ‘dismissed’ ex-chief for failing to disclose past relationships with colleagues
Former employees say oil major has tended to overlook its rising stars’ mis-steps
Some organisations are asking for disclosure of platonic as well as romantic workplace relationships
Embarrassing revelations about senior leaders can damage trust and cause significant upheaval
Sale of business led by Rory Godson could be worth as much as €57m, say reports
The relationships allegedly occurred before the former CEO took the helm of the oil giant
The departure of Bernard Looney from BP is another example of how boards are stepping up their scrutiny
Energy company overhauls top management following exit of Bernard Looney
Investors did not reward Irish executive’s initiative with BP shares lagging those of industry rivals since emissions announcement
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