Monday, October 18, 2010

BP (NYSE:BP) Retains Head of Gulf Unit

In an interesting decision, BP (NYSE:BP) decided to keep its head of their Gulf of Mexico unit, James Dupree, in place, after more changes in its management team since the Deepwater Horizon disaster.

An internal company email revealed that the same wasn't true of the head of BP's North American natural gas business, Kent Wells, who was one of their key people in capping the oil well.

According to the email, Wells "led the strategic move into shale and the step change in personal safety performance."

Concerning Dupree, the company said in the email that "James Dupree is confirmed regional president, Gulf of Mexico." Although it's a different title than in the past, it's essentially the same position.

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