Ousted BP boss Bernard Looney hands back bonus

Ousted BP PLC (LSE:BP.) chief executive Bernard Looney has handed hundreds of thousands of pounds worth of his final annual bonus to the oil firm. Some £420,000, equating to 50% of Looney’s 2022 bonus, has now been given back, BP said in its annual report on Friday. Looney resigned last September over several romantic affairs with colleagues, which BP found he had knowingly mislead it about. BP then formally dismissed Looney in December over “serious misconduct”. Looney’s replacement, Murray Auchincloss, wa ...