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BP executive quits over gay lover scandal

By unknown | May 03, 2007 | COMMENTS [ 0 ]

By D'Arcy Doran

By D'Arcy Doran

BP PLC's chief executive John Browne resigned on Tuesday, hours after a judge allowed a newspaper to publish allegations from a former boyfriend that the executive misused company resources.

Browne, who had already moved up his departure by more than a year after a deadly refinery blast in Texas and a giant oil spill in Alaska, denied any improper conduct relating to BP. But he acknowledged that he had lied to a judge about how he met his former partner, with whom he had had a four-year relationship.

The Mail on Sunday, the newspaper that had sought to publish the claims, immediately called for Browne to be prosecuted for perjury.

Browne said that he regretted the lie, saying that he was in shock at his private life being exposed, and was stepping down voluntarily "to avoid unnecessary embarrassment and distraction to the company."

Browne's designated successor, exploration and production head Tony Hayward, will take over as chief executive officer immediately, the company said. - AP


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