May 5, 2024

News and Political Commentary

BP’s Tumultuous Quarter Brings a Quiet Canadian Into Spotlight

2 min read

Less than two months since Bernard Looney’s shock resignation, BP Plc is going into its first set of quarterly results without a permanent chief executive officer.

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(Bloomberg) — Less than two months since Bernard Looney’s shock resignation, BP Plc is going into its first set of quarterly results without a permanent chief executive officer.

In his place will stand Murray Auchincloss, the 53-year old Canadian interim CEO who was parachuted into the top job from the position of chief financial officer after Looney admitted he had failed to fully disclose past relationships with colleagues. Two weeks later BP lost another high-profile executive when David Lawler, the head of the company’s shale business and president of BP America, departed to pursue other opportunities.

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Bloomberg News

2023-10-28 02:37:19

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