BP to Reorganize into Upstream and Downstream Business Units Under New CEO Meg O'Neill
BP is reorganizing its structure into two main business units—upstream and downstream—under new CEO Meg O'Neill. The change aims to simplify the company and enhance its value, though no timeline has been set. The move follows a previous reorganization in 2020 that faced investor backlash.
Tickers: $BP
Topics: BP CEO change corporate structure executive appointments reorganization upstream and downstream units