BP Will Move on From Its Governance Scandal ‘Quickly’, Ex CEO Says
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Former BP Plc Chief Executive Officer John Browne expects the British supermajor to move on from its governance scandal “quite quickly” and stick with its current strategy.
Bernard Looney resigned as BP’s CEO last week after failing to disclose several workplace relationships, forcing the board into a rapid global search for a successor. Some analysts said a new chief presents the opportunity for an about-face from Looney’s vision of pivoting away from fossil fuels.