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May 02, 2007
Quickie Link: Lie Over Gay Partner Ends BP Chief’s Career
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By vanrozenheim
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(UK) - The chief executive of BP resigned yesterday after a judge found that he had lied to a court about his gay relationship with a 27-year-old student. Lord Browne of Madingley, who was ennobled by Tony Blair, quit after the House of Lords rejected his attempt to keep secret their relationship and allegations that he had misused company resources. The businessman will lose up to £15.5 million in cash and shares by stepping down three months earlier than planned.
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