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BP Chief Executive John Browne addresses the Economic Club in Detroit, USA, in this file photo dated Monday, Jan. 25, 1999. Browne resigned with immediate effect Tuesday May 1, 2007, after a judge lifted a legal injunction preventing a national newspaper from publishing details of an interview with a former boyfriend.
Lord John Browne, Chief Executive Officer of BP Group addresses the media, in this March 24, 2005 file photo, at City Hall in Texas City, Texas, regarding the explosion at their plant in Texas City that killed fifteen people. BP PLC's chief executive, John Browne, resigned Tuesday, May 1, 2007 only hours after a judge cleared the way for a newspaper to publish details of his private life. Browne had led the huge energy company for more than a decade. He had announced earlier this year that he would resign at the end of July.
Lord John Browne, Chief Executive Officer of BP Group addresses the media, in this March 24, 2005 file photo, at City Hall in Texas City, Texas, regarding Wednesday's explosion at their plant in Texas City that killed fifteen people. BP PLC cut outgoing Chief Executive John Browne's bonus almost in half last year as oil spills and safety lapses in the United States overshadowed record profits for the oil company. Browne's annual performance bonus for 2006 was cut to 900,000 pounds ($1.74 million), from 1.75 million pounds the year before, according to BP's annual report released Tuesday, March 6, 2007.
Lord John Browne, group chief executive of British Petroleum (BP) speaks during a press conference in London, 25 July 2006. British energy giant BP said Tuesday 07 February 2007 that net profits fell in 2006, reflecting a decline in production and refining margins, despite record peaks for crude oil prices
Lord John Browne, the then Chief Executive Officer of BP Group addresses the media, in this March 24, 2005 file photo, at City Hall in Texas City, Texas. Former BP Chief Executive John Browne has made a return to the oil industry, taking up a senior position at one of the world's largest private equity funds just three months after his scandal-tainted departure from BP. In a surprise announcement Friday, Aug. 24, 2007 New-York based Riverstone Holdings LLC, a private equity firm specializing in the energy and power sectors, said it had appointed Browne as head of its European operations.
Oil company BP Chief Executive John Browne speaks at a news conference in London, Thursday April 1, 1999. Browne resigned with immediate effect Tuesday May 1, 2007, after a judge lifted a legal injunction preventing a national newspaper from publishing details of his private life, in an interview with a former boyfriend.
LONG BEACH, CA - JULY 31: (L-R) British Prime Minister Tony Blair is greeted by California Gov. Arnold Schwarzenegger and BP Chairman John Browne July 31, 2006 at the Port of Long Beach, California. Schwarzenegger and British Prime Minister Blair announced at roundtable that included U.S. and American business leaders that California and the U.K will collaborate on research, sharing information on combating global warming. (Photo by Chris Pizzello-Pool/Getty Images) *** Local Caption *** Tony Blair;Arnold Schwarzenegger;John Browne
Lord John Browne, group chief executive of British Petroleum (BP) speaks during a press conference in London, 25 July 2006. British energy giant BP reported record high second-quarter earnings on Tuesday on the back of soaring crude oil prices and despite a drop in output.The price of BP shares slipped by 0.16 percent to 632.5 pence in morning deals because of reports of a feud over the departure of respected chief executive John Browne. The FTSE stock index was showing a gain of 0.33 percent to 5,853.40 points.Browne would depart BP after transforming the company from a struggling organisation into the world's second-biggest oil major by market capitalisation, behind only ExxonMobil of the United States. AFP PHOTO / ODD ANDERSEN (Photo credit should read ODD ANDERSEN/AFP/Getty Images)
Lord John Browne, group chief executive of British Petroleum (BP) speaks during a press conference in London, 25 July 2006. British energy giant BP reported record high second-quarter earnings on Tuesday on the back of soaring crude oil prices and despite a drop in output.The price of BP shares slipped by 0.16 percent to 632.5 pence in morning deals because of reports of a feud over the departure of respected chief executive John Browne. The FTSE stock index was showing a gain of 0.33 percent to 5,853.40 points.Browne would depart BP after transforming the company from a struggling organisation into the world's second-biggest oil major by market capitalisation, behind only ExxonMobil of the United States. AFP PHOTO / ODD ANDERSEN (Photo credit should read ODD ANDERSEN/AFP/Getty Images)
Lord John Browne, group chief executive of British Petroleum (BP) speaks during a press conference in London, 25 July 2006. British energy giant BP reported record high second-quarter earnings on Tuesday on the back of soaring crude oil prices and despite a drop in output.The price of BP shares slipped by 0.16 percent to 632.5 pence in morning deals because of reports of a feud over the departure of respected chief executive John Browne. The FTSE stock index was showing a gain of 0.33 percent to 5,853.40 points.Browne would depart BP after transforming the company from a struggling organisation into the world's second-biggest oil major by market capitalisation, behind only ExxonMobil of the United States. AFP PHOTO / ODD ANDERSEN (Photo credit should read ODD ANDERSEN/AFP/Getty Images)
Lord John Browne, group chief executive of British Petroleum (BP) speaks during a press conference in London, 25 July 2006. British energy giant BP reported record high second-quarter earnings on Tuesday on the back of soaring crude oil prices and despite a drop in output.The price of BP shares slipped by 0.16 percent to 632.5 pence in morning deals because of reports of a feud over the departure of respected chief executive John Browne. The FTSE stock index was showing a gain of 0.33 percent to 5,853.40 points.Browne would depart BP after transforming the company from a struggling organisation into the world's second-biggest oil major by market capitalisation, behind only ExxonMobil of the United States. AFP PHOTO / ODD ANDERSEN (Photo credit should read ODD ANDERSEN/AFP/Getty Images)
Lord John Browne, group chief executive of British Petroleum (BP) speaks during a press conference in London, 25 July 2006. British energy giant BP reported record high second-quarter earnings on Tuesday on the back of soaring crude oil prices and despite a drop in output.The price of BP shares slipped by 0.16 percent to 632.5 pence in morning deals because of reports of a feud over the departure of respected chief executive John Browne. The FTSE stock index was showing a gain of 0.33 percent to 5,853.40 points.Browne would depart BP after transforming the company from a struggling organisation into the world's second-biggest oil major by market capitalisation, behind only ExxonMobil of the United States. AFP PHOTO / ODD ANDERSEN (Photo credit should read ODD ANDERSEN/AFP/Getty Images)
(FILES) File picture of Sir John Browne (L), Group Chief Executive of The British Petroleum Company taken at a press conference,11 August 1998 in London. Browne, will announce 25 July 2006 that he intends to retire in 2008 on reaching the company's retirement age of 60, the Financial Times said 25 July 2006. Browne would depart BP after transforming the company from a struggling organisation into the world's second-biggest oil major by market capitalisation, behind only ExxonMobil of the United States, the FT said. AFP PHOTO JOHNNY EGGITT/FILES (Photo credit should read JOHNNY EGGITT/AFP/Getty Images)