The oil and gas company’s chair says ‘increased rigour and diligence’ required to maximise value for shareholders BP announced on Wednesday that it would appoint Meg O’Neill as its chief executive officer from 1 April next year, after an abrupt exit by Murray Auchincloss. O’Neill will become BP’s first chief executive appointed from outside the company, and the first woman to head any of the world’s top five oil companies. Continue reading... from The Guardian https://ift.tt/yuCx6mK via IFTTT
Company cites ‘continued political polarization’ and risks to the nation’s fiscal strength as reason for change
The credit ratings agency Moody’s reduced its outlook on the US government from stable to negative, citing division in Washington DC and risks to the nation’s fiscal strength.
While Moody’s maintained the US’s current top-grade AAA rating, it raised the prospect that this may be cut.
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