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BG Group’s Finlayson Resigns After Output Forecast Discarded

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Bloomberg
April 28, 2014

BG Group Plc’s (LON: BG) CEO Chris Finlayson resigned after little more than a year in the job as the third-largest U.K. oil and gas producer ditched an output forecast that’s just three months old. BG Group operates in the Marcellus and Haynesville Shales in the United States, and also operates elsewhere.

Finlayson will be replaced immediately by chairman Andrew Gould until a permanent successor is found, BG said April 28 in a statement. Its shares dropped the most since January.

BG said April 28 oil and gas output this ...


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