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BP appoints Murray Auchincloss as permanent CEO - TL;DR CNBC

BP appoints Murray Auchincloss as permanent CEO

Publishing timestamp: 2024-01-17 03:09:44


Summary

BP has appointed Murray Auchincloss as its permanent CEO, following the resignation of Bernard Looney. Auchincloss, who was previously the chief financial officer, had been serving as interim CEO since Looney's departure. The company stated that Auchincloss was the outstanding candidate for the position and that he will continue the company's strategy of shifting towards renewable energy. The appointment provides continuity for BP shareholders and reduces uncertainty about the direction of the business. The search for a permanent chief financial officer is still ongoing.


Sentiment: NEUTRAL

Tickers: BP.-GB

Keywords: bp plcmarketsenergybusiness newsbreaking news: marketsoil and gasbreaking news: europe

Source: https://www.cnbc.com/2024/01/17/bp-appoints-murray-auchincloss-as-permanent-ceo.html


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