09-02-2015 08:51 via news.yahoo.com

Lund takes top job at BG Group three weeks early

Helge Lund began work as the new chief executive of BG Group on Monday, joining the oil and gas firm three weeks earlier than expected to help it restructure in the face of slumping oil prices. Lund, who had been due to join the firm on March 2, joins the group a week after it wrote down the value of its business by $6 billion (£3.93 billion), forcing it to cut budgets and jobs this year. BG, Britain's third-largest energy company by stock market value after BP and Shell , booked the impai
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