In an unexpected move, bp announced CEO Bernard Looney’s resignation over his failure to disclose transparently the number of past relationships with colleagues. He will be replaced by CFO Murray Auchincloss on an interim basis. Looney took over the job in early 2020 and immediately introduced a strategic overhaul that should drive the company through the energy transition and towards a net zero path. While the overall strategy of the company may not change, the CEO’s surprising departure (shoul ....
