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
Startup valuation, likely to go public at $800bn, will bolster Musk’s wealth to an estimated $677bn, according to Forbes
Elon Musk on Monday became the first person ever worth $600bn, according to Forbes. The news comes on the heels of reports that his SpaceX startup was likely to go public at a valuation of $800bn.
Musk, who was the first to surpass $500bn in net worth in October, owns an estimated 42% stake in SpaceX, which is preparing to go public next year. No other person has hit the $500bn mark.
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