This content is not available in your region

BP preparing to announce CEO's plan to retire - Sky News

Access to the comments Comments
By Reuters
BP preparing to announce CEO's plan to retire - Sky News
FILE PHOTO - Group Chief Executive of BP Robert Dudley attends a session of the St. Petersburg International Economic Forum (SPIEF), Russia June 6, 2019. REUTERS/Maxim Shemetov   -   Copyright  Maxim Shemetov(Reuters)

(Reuters) – BP Plc is preparing to announce that the British oil company’s chief executive, Bob Dudley, plans to retire within about 12 months, Sky News reported on Saturday.

The announcement about Dudley’s decision could be made by the end of this year or by the end of October when BP issues third-quarter results, Sky News reported, citing sources.

(Reporting by Sabahatjahan Contractor in Bengaluru; Editing by Edmund Blair)