Oil giant BP Plc has been searching for a new chief executive officer to replace Bernard Looney for almost three months. The wait, even if unnerving, wouldn’t be a problem if it was worth it — alas, it won’t be, as the search process is deeply flawed.

Instead of seeking an imaginative boss to reshape the company, BP is looking for a safe pair of hands to administer its current strategy. If the oil major had printed a job advertisement, it would read something like: “Seeking new CEO. Reporting to the board, the successful candidate will maintain the course followed by the previous CEO.”

QOSHE - BP Needs a Fresh Strategy, Not Just a New CEO - Javier Blas
menu_open
Columnists Actual . Favourites . Archive
We use cookies to provide some features and experiences in QOSHE

More information  .  Close
Aa Aa Aa
- A +

BP Needs a Fresh Strategy, Not Just a New CEO

11 0
23.11.2023

Oil giant BP Plc has been searching for a new chief executive officer to replace Bernard Looney for almost three months. The wait, even if unnerving,........

© Bloomberg

Get it on Google Play