New BP CEO: We’re Coming Back From ‘Near-Death’

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Photo: Ben Stansall/AFP/Getty Images

“[We need] a fast evolution, not revolution ... BP is a company that is coming back from a near-death experience. We are not going to run away from risk. We are going to make sure we are among the best in the world at managing risk going forward.” —Robert Dudley, who will formally become BP’s new CEO Friday, on his vision for the company. Dudley, who will be BP’s third chief executive in four years, has already announced plans to reorganize the company’s critical exploration and production business, as well as institute a global safety division. [NYT]