Bernard Looney

Bernard Looney FREng is an Irish businessman and CEO of BP p.l.c.Inc.(BP) During Looney's tenure as CEO of BP, he promised to end BP's relationship with Rosneft, the Russian state-owned energy giant, amid Russia's 2022 invasion of Ukraine. Looney was a member of Rosneft's board until February 2022.

Career :

Looney, who has spent his entire career at BP, worked in core production and drilling roles in the North Sea, Vietnam and Mexico, serving in other executive roles before taking over the upstream division in 2016.

In October 2019, it was announced that Looney would succeed Bob Dudley as group chief executive in February 2020.

He sold BP shares worth £7.8 million in February and April 2019.

Looney was one of five BP employees who attended COP27 as delegates of Mauritania, 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 Global Witness activists who were unhappy at the influence of executives from fossil fuel companies at the conference.

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 Greenpeace and Global Witness, which questioned the appropriateness of such an increase while energy bills are a struggle for some families to pay.In protest against this pay package, Global Witness rebranded a set of billboards initially used for advertising the adult site OnlyFans. The billboards, which previously showed an OnlyFans model in underwear, were altered to depict the BP CEO shirtless.