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Tullow Oil's CEO, Rahul Dhir, is stepping down in 2025, leading to a 10% drop in the company's shares.
Tullow Oil CEO Rahul Dhir is stepping down in 2025, causing the company's shares to drop nearly 10%.
Dhir, who took the helm in 2020, improved the company's financial health, reducing net debt from $2.8 billion to $1.4 billion and generating over $1.1 billion in free cash flow.
He will stay until a successor is found to ensure a smooth transition.
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El CEO de Tullow Oil, Rahul Dhir, está dimitiendo en 2025, lo que conduce a una caída del 10% en las acciones de la compañía.