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0.000212585034013714 0.000425170068027277 0.00170068027210896 0.000106292517006857 -0.000212585034013563 -0.00180697278911551 -0.00095663265306111 -0.00191326530612237
Stock impact report

BP names deputy CEO to spearhead portfolio review [Yahoo! Finance]

BP p.l.c. (BP) 
Last bp p.l.c. earnings: 4/29 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Dive Brief: BP has appointed Carol Howle as deputy CEO , effective immediately, the oil giant and convenience retailer announced on Thursday. BP's strategy and sustainability team will now report directly to Howle, who becomes second in command to newly appointed CEO Meg O'Neill . Howle will continue her duties as BP's executive vice president for supply, trading and shipping while also overseeing the company's ongoing portfolio review and strategy development, according to the announcement. That portfolio review over the past year has impacted BP's U.S. convenience retail network through team restructurings and c-store divestitures . Howle's promotion indicates that BP intends to ramp up this part of its strategy. Dive Insight: O'Neill, who on April 1 became BP's fourth CEO since 2020, faced immediate pressure to continue BP's major cost-cutting initiatives . BP had previously outlined goals to save $2 billion in expenses by 2026, and last year, added a secondary goal of d Show less Read more
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