https://www.oedigital.com/news/510252-bp-shortlists-three-candidates-for-ceo
WHO WOULD EMPLOY BL?
Seriously, is there a chance that this guy is now unemployable? I can't see any of the other oil majors wanting him. Consultancy work? He didn't exactly make a financial success during his time as CEO. I wonder if he will have to start up in business... — read more
what's next?
What other decision did the board take at the end of the year?
BP Docks Former CEO Bernard Looney as Much as $40 Million Over ‘Serious Misconduct’
LONDON—BP BP 0.78%increase; green up pointing triangle said former Chief Executive Bernard Looney will lose out on as much as $40.6 million in compensation as the result of his abrupt resignation over past relationships with... — read more
BL's STATEMENT
Here is the text of BL's statement. Source Yahoo Money. “I am proud of what I achieved with my colleagues during my time as chief executive officer of BP,” Looney said in a statement. “I am disappointed with the way this situation has been handled... — read more
BL Termination
What do you think of BL being “terminated” today versus having resigned?
BYE BYE BERNIE £32M/£41M POORER
The cost of loving for BL is punative. A Google search will provide you with the news from the media worldwide. Who on earth will employ this guy?
Why is BPX stimgatized?
Non-employee here. Why is BPX looked down upon relative to other BP subsidiaries globally. Also, is BPX, generally, more "woke" than other units? I get that impression from reading other posts.
New BPX ceo Kyle Koontz
How do BPX employees feel about the promotion? He has a reservoir background and has risen fairly quickly in the BPX ranks from SVP to COO. He was also employed by Sandridge along with DL. Would new global leadership bring new face to BPX ceo? — read more
REUTERS - Looney probe drags on
Reuters reporting that new CEO won't be appointed until first quarter next year. Article stating MA has declared his interest in top job. BL's remuneration to be decided by year end. Taking the article as a whole, this looks like it is going to be a... — read more
NEW FT ARTICLE ON BT CULTURE & BL
An excellent article has just been published by the Financial Times regarding the corporate culture at BP and how it ignored BL's conduct. It is entitled 'How BP's 'Sun King' Court Enabled the rise and fall of Bernard Looney.'
BP APPOINTS HEADHUNTERS EGON ZEHNDER
Headhunters appointed to find next CEO. Strangely enough, investors said to be keen on MA!?! He has the personality of a lamppost.
Drive to 25
We are returning to our pre-reinvention staffing levels, and achieving our '25 targets is becoming increasingly challenging each day. It's evident that there will be a significant focus on realignment and potential staff reductions in the coming... — read more
What is shark tank award?
Is it some award bp invented and let some management people give to their favorite employees? More of a nepotistic award?
BP v/s other majors
Can some finanace type give a short summary of BP’s profitability v/s other majors. From where I sit: legacy assets are in decline exploration has been unsuccessful recently upstream projects currently in execution have lower profitability... — read more
any updates
Any updates on new CEO ? In any case, super low morale in bp uk these days - it needs to come soon. I am still shocked by the hr disaster. We don't have successors lined up. Our career evolution system needs serious fixing.
Possible EF divestiture?
Thoughts on BPX selling off STx? Multiple managers/ supervisors left for Ineos, maybe DL will end up there and pull a move like his brother did with Chesapeake and Continental….. Wells were pushed off the schedule for next year in EF, BPX keeping... — read more
Big earnings miss
Is anyone surprised? Of course it’s a failure of leadership, but the cuts will come from employee ranks
any updates?
M&A? CEO? departures?
COBRA acceptance date?
Hi all! Is there a known deadline for choosing COBRA and the end date of our current benefits?
How was today’s town hall with MA in Houston?
How was the town hall today? Did MA actually provide any real information and answer questions directly or just did his sing and dance?
How disgraced BP chief Bernard Looney’s workplace flings cost oil giant $3.6 billion
Oil giant BP’s value slumped by AU$3.6 billion after its boss was forced out in disgrace. Bernard Looney, 53, was shown the door for not coming clean about a string of workplace... — read more
Nobody knew
In case you missed it, there’s a CNBC story where Dudley claimed NOBODY KNEW. Lolllll, it’s time to cya. Quote: "I didn't know anything about it and neither did the deputy CEO and others and the board. Should have I known? I don't know. Maybe I was... — read more
so when is new CEO announced?
so when is new CEO announced?
BP tells staff top US executive is leaving just weeks after CEO exit
BP’s top executive in the US is leaving the company, the oil giant told staff on Friday just weeks after the resignation of the company’s global chief executive Bernard Looney. Dave Lawler, who has served as chair and president of BP America since... — read more
The media would love this …
The revelation of C-suite shenanigans - exchanging promotions for pleasure - makes one wonder “how many people who were passed over for a job will file employment complaints or lawsuits?”
Who’s next?
So, two down, how many more to go?
DL’s departure
What do you think about DL’s departure? Related, or coincidence?
Flexible Working
How is the flex work policy at BP? Will I be able to remote work during the holiday season since I am planning on visiting parents for Christmas.
Should I Take a Job at bp?
Looking at this website, it appears that bp is a sinking ship. bp HR tells me great things are happening at the company. I suppose the truth lies somewhere in the middle. I have been offered a position in the renewables team... Wanted to see what... — read more
AI and Robotics
It’s been a few years since BP pushed AI and Robotics. The place should be running itself by now.
Voluntary packages before 2025?
Rumor has it, they will incentivize older sll’s to go in 24 so they can take the charges on the books. All in service of making the strategy (failure that it is) look better in 25.
Should KD be next to go?
HR knew and should have managed this better.
Is anyone sad to see the demise of Looney Tunes?
I find it amazing that I have heard no employees saying they were sad to see Bertard go. I guess his self-centered arrogance didn’t make him many friends within company ranks — other than the young women he was chasing. And many folks are still... — read more
so... external or internal?
This is the question
A song to lift your spirits...can you guess who it is about.
"You're So Green" (an ode to the old and new bp sung to Carly Simon's "You're so Vain") Carly Simon – You’re So Vain (Lyric Video) {Sorry Carly, I love you but couldn't help stealing your song} You walked into the townhall like you had... — read more
Pathetic and self-absorbed
And so BP and Shell continue to navel gaze, obsessing over getting positive feedback--or at least feedback that they are in sync with the dogma of modern political fads--like some millenial who can't put down "their" cell phone until "their"... — read more
In light of current events
Thoughts on why so many recent exec level women are external hire?
The Write-Downs will Exceed $5 billion - Heads will Roll
Bernard and Murray have lost shareholders more than the equivalent of the GDP of most 3rd world countries (ex China, maybe). Archea, Clean Energy, Hydrogen, Turbines where the wind doesn’t blow and solar panels where the sun doesn’t shine (Germany)... — read more