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’Under the cover of private equity, BP’s Browne gets re-energised
Anyone assuming that Lord Browne was headed off into a retirement dotted with a few sinecures like Tate Modern had better think again.
The former BP chief executive, who left the oil group early under an embarrassing cloud,
BP freezes payments to Browne
BP has agreed to withhold millions of dollars in payments to Lord Browne and John Manzoni until the conclusion of a shareholder lawsuit in Alaska that accuses the outgoing executives of mismanagement. The lawsuit,
Lord Browne quits Goldman board
Lord Browne resigned on Thursday as a board member at Goldman Sachs in the wake of revelations that he lied to a UK High Court judge. The decision came a week after Lord Browne stepped down earlier than planned as chief executive of BP.
Lord Browne, the media and the endgame
Once again, the UK’s tabloid media have shown their “peculiar and prurient interest in the private lives of others”, says the FT in an editorial on the feeding frenzy accompanying the ignominious end to the career of Lord Browne,
Lord Browne reportedly backed Shell tie-up
Lord Browne, the chief executive of BP, decided to leave the oil company after his hopes for a £220bn merger with Shell were frustrated, according to the Telegraph. Lord Browne announced 10 days ago that he would to quit the company this summer.