Former BP CEO Dudley Says Looney's Abrupt Resignation Was a Shock, Company Strategy Unchanged
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Former BP CEO Bob Dudley says Bernard Looney's abrupt resignation last month came as a shock and denied knowing about Looney's past relationships.
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Dudley says BP will soon find a suitable replacement for Looney and his departure likely won't impact the company's strategy.
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Looney resigned after not being "fully transparent" about past relationships with colleagues before becoming CEO.
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Interim CEO Murray Auchincloss says BP's strategy remains unchanged and endorsed by management despite Looney's exit.
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Dudley believes BP's strategy will likely stay the course as "one person leaving does not change the strategy."