CEO Of BP U.S. Quits Post

BP Plc.’s US president, David Lawler, is leaving the British oil giant, becoming the second top executive to quit this month after Chief Executive Officer Bernard Looney abruptly resigned, Laura Hurst reported for Bloomberg News.

Lawler, who had been with BP for nine years, “has notified us of his intent to pursue new career opportunities outside of BP,” according to a memo to employees confirmed by the company. I Photo: Oil and Gas Investor courtesy of Ricardo Merendoni / BP Plc

Lawler, who had been with BP for nine years, “has notified us of his intent to pursue new career opportunities outside of BP,” according to a memo to employees confirmed by the company.

He will be replaced by US gas trading executive Orlando Alvarez as president of BP America Inc. Kyle Koontz, a vice president, will take over as CEO of BPX Energy, BP’s shale production division.

The high-profile departure comes only two weeks after Looney resigned, admitting to not fully disclosing relationships with colleagues.

The reshuffling of leaders in the US, where BP has a bigger economic footprint than any other country, is a further sign of turmoil at a company recently forced to appoint an interim CEO and CFO, start a high-pressure search for a permanent CEO, and handle questions over its board’s governance record."

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