London-based BP PLC (NYSE: BP), which has its U.S. headquarters in Houston, has named a new group CEO.
Bob Dudley, 64, will step down from the role and from the BP board after the company’s 2019 full-year results are released Feb. 4, 2020, and will retire March 31, according to a press release. Dudley has been group CEO since October 2010, taking over amid the aftermath of the Deepwater Horizon disaster of April 2010.
His successor, Bernard Looney, 49, will take over the group CEO role and join…
