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It’s official: Robert Dudley is ($17 billion losing) BP’s new chief

By Andy Rice
27 Jul 2010
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As expected, BP on Tuesday announced that Robert Dudley will become its new CEO as soon as Tony Hayward steps down. Dudely will be the first non-Brit to run the company. BP also announced a loss of $17 billion in its second quarter, which breaks all kinds of records. The company is estimating the cost of the Gulf of Mexico spill at $32.2 billion. Reuters, New York Times

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