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Bob Dudley, Group Chief Executive, BP, speaks at the 2019 Milken Institute Global Conference in Beverly Hills, California, U.S., April 29, 2019. REUTERS/Lucy Nicholson
(Reuters) – BP Plc is preparing to announce that the British oil company’s chief executive, Bob Dudley, plans to retire within about 12 months, Sky News reported bit.ly/2nuYqLQ on Saturday.
The announcement about Dudley’s decision could be made by the end of this year or by the end of October when BP issues third-quarter results, Sky News reported, citing sources.
Reporting by Sabahatjahan Contractor in Bengaluru; Editing by Edmund Blair
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