Tuesday, July 27, 2010

BP Names New CEO

The Board of Directors has named Creighton Armus, Vice President of Alaskan Coastal Operations, as CEO. Mr. Armus has 25+ years of experience in oil, but has been dogged by a 1988 scandal in which a lieutenant needlessly died under his watch.

The outgoing CEO Tony Hayward, as part of his compensation package, will be abandoned on planet Vagra II.

BP stock rose 10 points in early trading.

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