BP Deputy CEO Carol Howle steps down, no successor appointed

Related news

BP PLC on Tuesday disclosed that Deputy Chief Executive Carol Howle will be stepping down.

Howle has spent just three months in the role, which saw her oversee the company's ongoing portfolio review, though the London-based oil major noted that she had spent 26 years at BP. Howle served as interim CEO before the arrival of Meg O'Neill in April.

BP did not provide the date of Howle's departure, but said it will be later in the third quarter. No successor has been appointed.

Meg O'Neill commented: "Carol led the company through a critical transitional phase as interim and then deputy CEO. With her departure I have chosen not to replace the deputy CEO role. We have significant actions underway to streamline the organizational model and we have a focused leadership team in place."

BP shares rose 0.3% to 465.58 pence on Friday morning in London.

Copyright 2026 Alliance News Ltd. All Rights Reserved.

Directors

Ways to help you invest your money

Our investment accounts

Put your money to work with our range of investment accounts. Choose from ISAs, pensions, and more.

Need some investment ideas?

Let us give you a hand choosing investments. From managed funds to favourite picks, we’re here to help.

Read our expert tips and insights

Our investment experts share their knowledge on how to keep your money working hard across the markets.