Bernard Looney, CEO of BP, speaks during the 2023 CERAWeek by S&P Global conference in Houston, March 7, 2023.
BP chief executive officer Bernard Looney has resigned after less than four years on the job, the London-based oil producer announced Tuesday.
The resignation of Looney, who took over as CEO of BP in 2020 after previously leading BP's Upstream group, focused on exploration and production, is effective immediately.
The company's chief financial officer Murray Auchincloss will serve as interim CEO, BP said.
The change comes as Looney informed the company that he was not "fully transparent in his previous disclosures" about relationships with colleagues prior to becoming CEO, BP said.
Persons:
Bernard Looney, Looney, Murray Auchincloss
Organizations:
BP, P Global, Company, Financial Times
Locations:
Houston, London, U.S