BG CEO Finlayson Quits as Oil Producer Scraps Forecast

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BG Group Plc Chief Executive Officer Chris Finlayson resigned after little more than a year in the job as the third-largest U.K. oil and gas producer ditched an output forecast that’s just three months old.

Finlayson, 58, will be replaced immediately by Chairman Andrew Gould until a permanent successor is found, BG said today in a statementBloomberg Terminal. The company said Finlayson resigned for personal reasons.