BP CEO Bob Dudley to Step Down, Succeeded by Oil-Drilling Chief

  • Bob Dudley will step down after nine years as chief executive
  • Bernard Looney, 49, has run BP’s upstream business since 2016
Bernard LooneyPhotographer: Jason Alden/Bloomberg
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BP Plc said Chief Executive Officer Bob Dudley will retire early next year, a much-anticipated step after more than nine years at the helm of the oil and gas giant.