BP CEO Bernard Looney ousted after past relationships with coworkers

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BP CEO Bernard Looney ousted after past relationships with coworkers
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Chief executive of British energy giant acknowledged he wasn't 'fully transparent' about past relationships with colleagues.

The chief executive of British energy giant BP has resigned after he accepted that he was not"fully transparent" in his disclosures about past relationships with colleagues, the company said Tuesday.

A statement from the firm said its board reviewed allegations relating to Looney's conduct"in respect of personal relationships with company colleagues" in May last year. The executive disclosed a small number of past relationships prior to becoming CEO and no breach of company rules was found, the statement said.

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