BP’s gas and renewables boss steps down as CEO shrinks leadership

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BP’s gas and renewables boss steps down as CEO shrinks leadership
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Anja-Isabel Dotzenrath said in an internal message to staff that she decided to leave BP in order to devote more time to her family

said on Thursday its head of natural gas and low carbon energy Anja-Isabel Dotzenrath will step down after just over two years as CEO Murray Auchincloss seeks to simplify its management structure in a cost-cutting drive.

BP said in a statement it would reduce the size of its executive leadership team to 10 members from 12, with its head of innovation and technology Leigh-Ann Russell also leaving to take up an external job opportunity. RBC Capital Markets analyst Biraj Borkhataria said BP could emulate rival Shell by outlining the cost savings of this organisational restructuring for investors at upcoming results.

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