Lord John Browne’s Employment Agreement

SEC/Press Release: BP Appoints Tony Hayward as Chief Executive as Lord Browne Steps Down. Lord Browne tendered his resignation after the lifting by the UK courts of a legal injunction preventing a newspaper group from publishing details of his private life.

Read the press release for the details. So, was the petroleum industry talking about Lord Browne or Hugo Chavez today? I’ve added the Employment Agreement between British Petroleum Company plc and Edmund John Philip Browne, or Lord Browne of Madingley, to the website.