BP Prepares for Leadership Shake-Up

The FT is reporting that investors are braced for a clear-out of BP’s (BP) leadership once its leaking oil well in the Gulf of Mexico is capped, which could come in the next few weeks, according to several leading shareholders and people close to the group. One top 10 UK shareholder said: “When this is over there will be a full investigation, and we would expect some action to replace the top team.”

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