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Stock impact report

BP names new boss as current CEO leaves after less than two years [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
The London-based energy giant said its current boss Murray Auchincloss would step down less than two years after he replaced Bernard Looney, who was found to have committed "serious misconduct" in failing to disclose relationships with colleagues. BP executive vice president Carol Howle will serve as interim chief executive until Ms O'Neill, who has led Australian energy firm Woodside Energy since 2021, takes up her new role on 1 April. Ms O'Neill said she looks forward to helping BP "do our part to meet the world's energy needs". Mr Auchincloss, who took over from Mr Looney in September 2024, said he had told BP's chairman in September that he was open to stepping down "were an appropriate leader identified". "I am confident that BP is now well positioned for significant growth and I look forward to watching the company's future progress," he said after Ms O'Neill's appointment was announced. He will serve in an advisory role until December 2026. Ms O'Neill said she would Show less Read more
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