BP’s Tumultuous Quarter Brings a Quiet Canadian Into Spotlight
- CFO Murray Auchincloss became interim CEO after Looney quit
- BP board needs to appoint permanent CEO quickly, says RBC
Murray Auchincloss
Photographer: Christopher Pike/BloombergThis article is for subscribers only.
Less than two months since Bernard Looney’s shock resignation, BP Plc is going into its first set of quarterly results without a permanent chief executive officer.
In his place will stand Murray Auchincloss, the 53-year old Canadian interim CEO who was parachuted into the top job from the position of chief financial officer after Looney admitted he had failed to fully disclose past relationships with colleagues. Two weeks later BP lost another high-profile executive when David Lawler, the head of the company’s shale business and president of BP America, departed to pursue other opportunities.