(Bloomberg) — Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.Tullow Oil Plc’s chief executive officer and exploration director quit after a slew of operational setbacks, marking the exit of the old guard after founder Aidan Heavey departed last year. Shares slumped.CEO Paul McDade and exploration chief Angus McCoss resigned by mutual agreement and with immediate effect, London-based Tullow said Monday as it suspended the dividend. Both had been stalwarts at the company for over a decade, presiding over discoveries from West Africa to Guyana, but also a 90% slide in the …read more
Source:: Yahoo Finance
