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.”
Related Articles
Putting BP Under Temporary Receivership: Some Qs and As
June 2, 2010
Robert Reich
BP’s Oil Spill and Real Estate Damage May Total $4.3 bln
June 11, 2010
WSP
BP Says ‘Top Kill’ So Far Unsuccessful
May 29, 2010
WSP
Be the first to comment
This site uses Akismet to reduce spam. Learn how your comment data is processed.
Leave a Reply