BP's New CEO Plans to Simplify Company Structure into Two Main Business Units

BP's new CEO, Meg O'Neill, announced plans to restructure the company into two main business units, reverting to a pre-2020 structure. This move comes as BP seeks to streamline operations following its previous transformation into a green energy firm. The restructuring is expected to impact BP's strategic direction and market positioning.

By Carl Surran, SA News Editor · Seeking Alpha · April 14, 2026, 14:22 UTC

BP's New CEO Plans to Simplify Company Structure into Two Main Business Units

Tickers: $BP

Topics: BP business units CEO change company restructuring

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