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Chris Finlayson resigns as BG Group Chief Executive

28th April 2014

Head of London-based oil and gas firm steps down for personal reasons just days before first-quarter results are announced

Chris Finlayson resigns as BG Group Chief Executive
BG Group today announced that it has accepted the resignation of chief execute and executive director Chris Finlayson with immediate effect, for personal reasons.

BG Group today announced that it has accepted the resignation of chief execute and executive director Chris Finlayson with immediate effect, for personal reasons.

Until a permanent replacement is appointed, Andrew Gould, BG Group's non-executive chairman, will take over as interim executive chairman. A recruitment process to find an external successor to Chris is now underway. Andrew will revert to the role of non-executive chairman once the new chief executive is appointed.

Andrew Gould said: "I would like to thank Chris for his contribution to the Group over the past four years and we wish him well for the future. The board of directors is fully committed to BG's strategy, which is built upon a portfolio of high-quality assets. The company must accelerate the creation and delivery of the longer-term value for our shareholders, while delivering BG's business plans. The board felt that it was in the best interests of BG to accept Chris' resignation and seek fresh leadership to deliver both of these priorities."

Chris will not receive any payment beyond his contractual entitlement, details of which will be available on the Group's website.

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