BP needs a new chief executive not a slower strategy towards net zero | Nils Pratley

Oil firm should get out and argue the case for sticking to the transition timetable as Bernard Looney's successor is soughtBernard Looney, after four years talking about orderly transitions, has made a disorderly transition out of BP. Not being fully transparent with the board of directors - whether about past personal relationships with colleagues or anything else - usually has that outcome for a chief executive. On the company's version of events, this was clearly a resigning matter.The immediate question is succession. BP is the type of company that likes to promote from within and, with the 53-year-old Looney at the helm, the board probably thought it had a few more years to observe the internal jostling for position. Continue reading...