Search

BP Docks Former CEO Bernard Looney as Much as $40 Million Over 'Serious Misconduct' - The Wall Street Journal

ponjotor.blogspot.com
Former BP CEO Bernard Looney’s surprise departure earlier this year came after less than four years at the helm.Photo: Valerie Plesch/Bloomberg News

LONDON—BP said former Chief Executive Bernard Looney will lose out on as much as $40.6 million in compensation as the result of his

abrupt resignation over past relationships with colleagues.

The significant cost to Looney of his September departure from the London-based company includes the maximum potential value of salary, pension payments, deferred bonuses and other compensation he might have received, before taxes, BP said in a release on Wednesday.

Adblock test (Why?)



Business - Latest - Google News
December 14, 2023 at 01:07AM
https://ift.tt/SJaEV5w

BP Docks Former CEO Bernard Looney as Much as $40 Million Over 'Serious Misconduct' - The Wall Street Journal
Business - Latest - Google News
https://ift.tt/PIs5YMy


Bagikan Berita Ini

0 Response to "BP Docks Former CEO Bernard Looney as Much as $40 Million Over 'Serious Misconduct' - The Wall Street Journal"

Post a Comment

Powered by Blogger.