Maersk Oil CEO steps down following Total takeover

CEO Gretchen Watkins of Maersk Oil will step down after the Danish oil company was sold to France's Total. Two Maersk Oil execs will continue in future roles at Total.

Maersk Oil CEO Gretchen Watkins will step down when the oil company is acquired by France's Total.

However, two other senior executives have been appointed to management positions following the transaction, informs Maersk in a press release.

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