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In March 2023, it was announced that Looney had received a 2022 pay package of £10 million, more than double what he received the previous year. The package included a £1.4 million salary, a £2.4 million bonus, and a £6 million share award, as well as benefits. It was criticized by campaign groups
256:, where BP has made significant investments. The company said Looney and the others attended for a signing ceremony; however, Looney's attendance was criticised by activists who were unhappy at the influence of executives from fossil fuel companies at the conference.
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In
September 2023, Looney resigned abruptly from his position for failing to fully disclose details of his past personal relationships with colleagues.
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roles in the North Sea, Vietnam and Mexico, serving in other executive roles before taking over the upstream division in 2016.
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reportedly asked Looney to relinquish BP's 20% stake in the
Russian state-owned oil firm Rosneft, which has strong ties to
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which questioned the appropriateness of such an increase while energy bills are a struggle for some families to pay.
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207:. He was the first in his family to attend a university. Looney earned a degree in electrical engineering from
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495:"BP chief executive Bob Dudley to retire, to be succeeded by Bernard Looney | News and insights | Home"
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in
October 2017. They separated the next year and finalised their divorce in 2019.
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During Looney's tenure as CEO of BP, he promised to end BP's relationship with
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797:"'We need to talk about Igor': the rise of Russia's most powerful oligarch"
613:"Doubling of BP boss pay to £10m is a 'kick in the teeth', say campaigners"
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451:"Can a new leader really help oil giant BP navigate the climate crisis?"
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520:"PRESS: New BP Chief Bernard Looney Sells Nearly GBP8 Million In Share"
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744:"Ukraine conflict: BP under pressure to sell stake in Russian firm"
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352:"BP's solar evangelist Bernard Looney feels the heat from ex-wife"
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OilyFans picture of
Bernard Looney in Tottenham, London, England
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Looney, by virtue of BP's 20% stake in Moscow-based oil-producer
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He sold BP shares worth £7.8 million in
February and April 2019.
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822:"How this Kerry farmer's son is a rising star at oil giant BP"
399:"How this Kerry farmer's son is a rising star at oil giant BP"
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On 25 February 2022, Looney engaged in talks with the
British
191:. Looney was a member of Rosneft's board until February 2022.
470:"BP CEO Bob Dudley to step down, Bernard Looney will succeed"
238:
In
October 2019, it was announced that Looney would succeed
187:, the Russian state-owned energy giant, amid Russia's 2022
169:
370:"BP exiting stake in Russian oil and gas company Rosneft"
326:, central London, England. He married British life coach
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Looney, who has spent his entire career at BP, worked in
203:, and was raised on a small dairy farm in Ashgrove, near
425:"Irishman Bernard Looney named as chief executive of BP"
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771:"How Exxon, BP and Shell help Russia pump oil and gas"
587:"COP27: BP chief listed as delegate for Mauritania"
682:"BP's ties to Russia draw UK government 'concern'"
949:Chairman of Anglo-Iranian Oil Company (1936–1954)
920:Chairman of Anglo-Persian Oil Company (1909–1936)
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638:"BP chief's annual pay more than doubles to £10m"
248:Looney was one of five BP employees who attended
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275:Response to the 2022 Russian invasion of Ukraine
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709:"BP quizzed by minister over links to Russia"
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1153:Stanford Graduate School of Business alumni
1138:Fellows of the Royal Academy of Engineering
242:as group chief executive in February 2020.
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16:Irish businessman and former CEO of BP
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1128:Alumni of University College Dublin
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449:Millard, Rachel (1 February 2020).
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662:Lawson, Alex (12 September 2023).
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585:McGrath, Matt (10 November 2022).
423:Taylor, Charlie (4 October 2019).
211:and a master's in management from
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526:. 9 December 2019. Archived from
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350:Nimmo, Jamie (20 February 2022).
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468:Meredith, Sam (4 October 2019).
457:– via www.telegraph.co.uk.
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1071:CEO of BP plc (2001–present)
568:"Director/PDMR Shareholding"
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283:, formerly served alongside
233:core production and drilling
217:Royal Academy of Engineering
215:. Looney is a fellow of the
98:February 2020–September 2023
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1054:CEO of BP Amoco (1998–2001)
795:Foy, Henry (1 March 2018).
312:Russian invasion of Ukraine
50:1970 (age 53–54)
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1148:People from Kenmare
847:Business positions
199:Looney was born in
189:invasion of Ukraine
873:Murray Auchincloss
750:. 25 February 2022
688:. 25 February 2022
376:. 27 February 2022
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168:(born 1970) is an
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1010:David Steel
957:John Cadman
940:John Cadman
806:25 February
780:25 February
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728:26 February
692:26 February
429:Irish Times
403:independent
380:27 February
285:Igor Sechin
103:Predecessor
79:Businessman
1112:Categories
1095:2020–2023
1091:Bob Dudley
1089:2010–2020
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855:Bob Dudley
504:22 October
334:References
254:Mauritania
240:Bob Dudley
195:Early life
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107:Bob Dudley
76:Occupation
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875:(interim)
832:4 October
723:0140-0460
714:The Times
499:BP global
479:4 October
434:4 October
113:Successor
62:Education
56:, Ireland
748:BBC News
647:14 March
642:BBC News
622:14 March
596:14 March
591:BBC News
534:12 April
306:and the
324:Mayfair
308:Kremlin
281:Rosneft
205:Kenmare
185:Rosneft
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