BP CEO search includes external candidates as hunt begins

BP said earlier this week that no decisions had been made yet regarding its former Irish CEO, Bernard Looney's remuneration following his shock resignation

Among the possible candidates to become the new CEO now, none are in quite so dominant a position.

BP Plc is looking both internally and externally for a new chief executive officer to replace Bernard Looney, who left his post abruptly after failing to fully disclose relationships with colleagues.

Chairman Helge Lund, who heads BP’s nomination committee, told staff in a webcast Wednesday that the CEO-search process has started, in comments that were confirmed by BP’s press office.