Author: Aron Bowers

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…

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