The former CEO of BP has paid a heavy price - £32 million in fact - for failing to tell the board about past relationships with colleagues.
BP has cut over £32million ($40 million) in remuneration from former CEO Bernard Looney, after the British oil giant concluded he had knowingly misled the board.
Continue reading for FREE!
Sign up for a myGrapevine account to get:
- Unlimited access to News content
- The latest Features, Columns & Opinions
- A full range of specialist HR newsletters to choose from