Case Study

BP: Too rusty to continue?

3 pages
October 2006
Reference: IMD-3-1721

In 2006 BP caused a number of negative headlines due to an oil spill in Prudhoe Bay, Alaska, caused by negligence of maintenance of its pipelines. This scandal, in addition with other scandals of BP has caused a discussion about the qualities of BP’s CEO John Browne, who was able to save BP from big troubles in the 90s. With so much of BP’s positive image of a sustainable global company vanishing, what should the board do about John Browne?

Keywords
Corporate Governance, Board, Chief Executive Officer, Scandal, Browne, John, Energy, Prudhoe Bay
Settings
BP
2005-2006
Type
Generalized Experience
Copyright
© 2006
Available Languages
English
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