BP breaks 130 years of tradition by hiring outsider Meg O’Neill as Chief Executive, aiming to stabilize the firm after its energy transition plans collapsed. The board of BP has executed a stunning leadership overhaul this Thursday, announcing the appointment of Meg O’Neill as its new Chief Executive Officer. This decision marks a historic pivot for the London-based energy giant, as O’Neill becomes the first leader recruited from outside the company’s ranks in its more than century-long history. The move is widely interpreted by market analysts as a frantic attempt to arrest a sliding share price and rectify a corporate…
Author: Aron Bowers
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