BP’s former CEO is docked $41 million in pay after he 'knowingly misled the board' about personal relationships with other employees

BP’s former CEO is docked $41 million in pay after he 'knowingly misled the board' about personal relationships with other employees

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BP’s former Chief Executive Officer Bernard Looney will forfeit as much as £32.4 million ($40.6 million) in pay after resigning in September because he lied about his personal relationships with other employees. “Mr Looney knowingly misled the board,” the company said in a statement on Wednesday.…

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