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BG Group's Outgoing Chief Executive Chris Finlayson

Chris Finlayson walks from BG Group’s top job

Published at 03:07PM - 28/04/14

BG Group (LSE: BG.L) has announced they have parted company with their Chief Executive Chris Finlayson.  The troubled Chief Executive is leaving the UK’s third biggest oil and gas producer after only 18 months the post and only three months after he made a now defunct output forecast.  Finlayson, a 30-year veteran of Shell, was said to have lead BG Group with a much different style than that of the former long-serving Chief Executive Sir Frank Chapman- who was said to be autocratic in his own approach.  However since taking office, Finlayson has had to preside over numerous profit warnings and a wild fluctuation in the BG Group share price, on top of a 37 percent slump in annual profits.