Oil Major BP Appoints Kate Thomson As Interim Finance Head
Portfolio Pulse from Shivani Kumaresan
BP Plc has appointed Kate Thomson as the interim chief financial officer. Thomson, who has been with the company for 19 years, is currently BP's senior vice president, finance for Production & Operations. The appointment follows the recent appointment of Murray Auchincloss as interim CEO. BP shares are trading higher by 1.01% at $38.95.
September 19, 2023 | 1:47 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
BP has appointed a new interim CFO, Kate Thomson, who has a long history with the company. This follows the recent appointment of an interim CEO. BP's stock is currently up 1.01%.
The appointment of a new CFO, especially one with a long history with the company, is generally seen as a positive move by the market. This, coupled with the recent appointment of an interim CEO, suggests stability in the company's leadership, which can be a positive signal to investors. This is reflected in the 1.01% increase in BP's stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100