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Re: k_trader post# 10545

Tuesday, 07/27/2010 9:34:14 AM

Tuesday, July 27, 2010 9:34:14 AM

Post# of 23476
New BP chief: Priority is plugging well for good

"BP remains a strong business with fine assets, excellent people and a vital role to play in meeting the world's energy needs," he said. "But it will be a different company going forward, requiring fresh leadership supported by robust governance and a very engaged board."

Besides permanently plugging the oil leak and cleaning up the spill and the company's image, Dudley will oversee the sale of $30 billion in assets over the next 18 months to bolster the company's finances.

http://news.yahoo.com/s/ap/20100727/ap_on_bi_ge/gulf_oil_spill