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TOT Total shares recover after opening lower following CEO's death

Shares in Total (NYSE:TOT) +1.6% in Paris after falling nearly 2% when markets opened following the death late Monday of longtime CEO Christophe de Margerie in a plane crash in Moscow; shares +0.8% U.S. premarket.
While the death surely is a traumatic event for the company, "it is a big enough company and has a strategy well enough in place for this not to cause a significant change in the share price," an analyst says.
Possible CEO successors could include its president of refining and chemicals, Patrick Pouyanné and CFO Yves-Louis Darricarrère.
TOT is scrambling to convene its board for an emergency meeting as soon as possible.