BP Plc
BP.:LN
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Company Profile
With operations in Europe, North and South America, Australasia, Asia and Africa, we deliver energy solutions across the world.
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Board of Directors
Bob Dudley
Group chief executive
Bob Dudley became group chief executive on 1 October 2010. Bob joined Amoco Corporation in 1979, working in a variety of engineering and commercial posts. Between 1994 and 1997, he worked on corporate development in Russia. In 1997 he became general manager for strategy for Amoco and in 1999, following the merger between BP and Amoco, was appointed to a similar role in BP. Between 1999 and 2000, Bob was executive assistant to the group chief executive, subsequently becoming group vice president for BP’s renewables and alternative energy activities. In 2002, he became group vice president responsible for BP’s upstream businesses in Russia, the Caspian region, Angola, Algeria and Egypt. From 2003 to 2008, he was president and chief executive officer of TNK-BP. On his return to BP in 2009 he was appointed to the BP board and oversaw the group’s activities in the Americas and Asia. Between 23 June and 30 September 2010, he served as the president and chief executive officer of BP’s Gulf Coast Restoration Organization in the US. He was appointed a director of Rosneft in 2013 following BP’s acquisition of a stake in Rosneft.
Dr Brian Gilvary
Chief financial officer
Dr Brian Gilvary was appointed chief financial officer on 1 January 2012. He joined BP in 1986 after obtaining a PhD in mathematics from the University of Manchester. Following a variety of roles in the upstream, downstream and trading in Europe and the United States, he became the Downstream’s chief financial officer and commercial director from 2002 to 2005. From 2005 until 2009 he was chief executive of the integrated supply and trading function, BP’s commodity trading arm. In 2010 he was appointed deputy group chief financial officer with responsibility for the finance function. He was a director of TNK-BP over two periods, from 2003 to 2005 and from 2010 until the sale of the business and acquisition of Rosneft equity in 2013.
Carl-Henric Svanberg
Chairman
Tenure: Appointed 1 September 2009 Board and committee activities: Chair of nomination and chairman’s committees; attends Gulf of Mexico, SEEAC(a) and remuneration committees Outside interests: Chairman of AB Volvo Age: 62 Nationality: Swedish
Paul Anderson
Independent non-executive director
Tenure: Appointed 1 February 2010 Board and committee activities: Chair of the SEEAC; member of the chairman’s, Gulf of Mexico and nomination committees Outside interests: No external appointments Age: 69 Nationality: American
Alan Boeckmann
Independent non-executive director
Tenure: Appointed 24th July 2014 Board and committee activities: Member of the chairman’s, Gulf of Mexico and SEEAC committees; attends the remuneration committee Outside interests: Non-executive director of Sempra Energy and Archer Daniels Midland Board member and trustee of Eisenhower Medical Center in Rancho Mirage, California Age: 66 Nationality: American
Admiral Frank Bowman
Independent non-executive director
Frank L Bowman served for more than 38 years in the US Navy, rising to the rank of Admiral. He commanded the nuclear submarine USS City of Corpus Christi and the submarine tender USS Holland. After promotion to flag officer, he served on the joint staff as director of political-military affairs and as the chief of naval personnel. He then served over eight years as director of the Naval Nuclear Propulsion Program where he was responsible for the operations of more than one hundred reactors aboard the US navy’s aircraft carriers and submarines. He holds two masters degrees in engineering from the Massachusetts Institute of Technology. After his retirement as an Admiral in 2004, he was president and chief executive officer of the Nuclear Energy Institute until 2008. He served on the BP Independent Safety Review Panel and was a member of the BP America External Advisory Council. He was appointed Honorary Knight Commander of the British Empire in 2005. He was elected to the US National Academy of Engineering in 2009. Frank is a member of the CNA military advisory board and has participated in studies of climate change and its impact on national security. Additionally he was co-chair of a National Academies study investigating the implication of climate change for naval forces. Relevant experience and skills Frank Bowman has a deep knowledge of engineering coupled with exceptional experience in safety issues arising from his time with the US Navy and, later, the Nuclear Energy Institute. When coupled with his work on the BP Independent Safety Review Panel, Admiral Bowman has direct experience of BP’s safety goals. In addition, the other roles in his career give him a broader perspective of systems and of people. He continues to make important contributions to the work of the SEEAC and the Gulf of Mexico committee.
Antony Burgmans
Independent non-executive director
Antony Burgmans joined Unilever in 1972, holding a succession of marketing and sales posts including the chairmanship of PT Unilever Indonesia from 1988 until 1991. In 1991, he joined the board of Unilever, becoming business group president, ice cream and frozen foods Europe in 1994, and chairman of Unilever’s Europe committee co-ordinating its European activities. In 1998, he became vice chairman of Unilever NV and in 1999, chairman of Unilever NV and vice chairman of Unilever PLC. In 2005, he became non-executive chairman of Unilever NV and Unilever PLC until his retirement in 2007. During his career he has lived and worked in London, Hamburg, Jakarta, Stockholm and Rotterdam. Relevant experience and skills Antony Burgmans is an experienced chairman and chief executive who has served on the BP board for over 11 years. He spent his executive career at Unilever where he developed skills in production, distribution and marketing. His experience of consumer facing business has meant that he has been able to provide the board with deep insight in the fields of reputation, brand, culture and values. He was asked to remain on the board until 2016 in the light of rapid board turnover in 2010 and 2011. Antony remains fully independent. Antony has now led the remuneration committee for five years and has detailed and regular dialogue with shareholders on remuneration matters. He will hand the chair of the remuneration committee to Professor Dame Ann Dowling in 2015, and, having previously led the evaluation of the chairman, he handed this task to Andrew Shilston this year in anticipation of standing down at the 2016 AGM.
Cynthia Carroll
Independent non-executive director
Career Cynthia Carroll has led multiple large complex global businesses in the extractive industries. This has required deep strategic and operational involvement. In leading these businesses a high level of interaction with governments, the media, special interest groups and other stakeholders has been needed. Cynthia began her career as a petroleum geologist with Amoco Production company in Denver, Colorado, after completing a masters degree in geology. In 1989, she joined Alcan (Aluminum Company of Canada) and ran a packaging company, led a global bauxite, alumina and speciality chemicals business and later was president and chief executive officer of the Primary Metal Group, responsible for operations in more than 20 countries. In 2007, she became the chief executive of Anglo American plc, the global mining group, operating in 45 countries with 150,000 employees, and was chairman of Anglo Platinum Limited and of De Beers s.a. She stepped down from these roles in April 2013. Relevant experience and skills Cynthia Carroll is an experienced former chief executive who has spent all of her career in the extractive industries, having trained as a petroleum geologist. Cynthia has been a leader in working to enhance safety in the mining industry. She has also made a strong contribution to the work of the SEEAC and notably to the nomination committee.
Ian Davis
Independent non-executive director
Ian Davis spent his early career at Bowater, moving to McKinsey & Company in 1979. He was managing partner of McKinsey’s practice in the UK and Ireland from 1996 to 2003. In 2003, he was appointed as chairman and worldwide managing director of McKinsey, serving in this capacity until 2009. During his career with McKinsey, he served as a consultant to a range of global organizations across the private, public and not-for-profit sectors. He retired as senior partner in July 2010. Relevant experience and skills Ian Davis brings the skills of a managing director and significant financial and strategic experience to the board. He has worked with and advised global organizations and companies in the oil and gas industry. His work in the public sector and with the Cabinet Office gives him a unique perspective on government affairs. He has chaired the Gulf of Mexico committee since its formation and has led the board’s oversight of the response in the Gulf and guided the board’s consideration of the various legal issues which continue to arise following the Deepwater Horizon accident. He has been an active member of the remuneration committee.
Professor Dame Ann Dowling
Independent non-executive director
Dame Ann Dowling was appointed a Professor of Mechanical Engineering in the Department of Engineering at the University of Cambridge in 1993. She became Head of the Division of Energy, Fluid Mechanics and Turbomachinery in the Department of Engineering in 2002. She was appointed the UK lead of the Silent Aircraft Initiative in 2003, a collaboration between researchers at Cambridge and MIT. She was head of the Department of Engineering at the University of Cambridge from 2009 to 2014. She was appointed director of the University Gas Turbine Partnership with Rolls-Royce in 2001, and chairman in 2009. Between 2003 and 2008 she chaired the Rolls-Royce Propulsion and Power Advisory Board. She chaired the Royal Society/Royal Academy of Engineering study on nanotechnology. She is a Fellow of the Royal Society and the Royal Academy of Engineering and is a foreign associate of the US National Academy of Engineering and of the French Academy of Sciences. She was elected President of the Royal Academy of Engineering in September 2014. Relevant experience and skills Dame Ann has a strong engineering background, not only in the academic world but also in its practical application in business. She has led the department of engineering at Cambridge which is one of the leading centres for engineering research worldwide. This has been recognized by her appointment as President of the Royal Academy of Engineering. She chairs the BP technology advisory council which aims to provide challenge and direction to the work in the field of technology throughout the group. Dame Ann is a member of the SEEAC and, having joined the remuneration committee in 2012, will take its chair when Antony Burgmans stands down during 2015.
Brendan Nelson
Independent non-executive director
Brendan Nelson is a chartered accountant. He was made a partner of KPMG in 1984 and served as a member of the UK board of KPMG from 2000 to 2006, subsequently being appointed vice chairman until his retirement in 2010. At KPMG International he held a number of senior positions including global chairman, banking and global chairman, financial services. He served for six years as a member of the Financial Services Practitioner Panel and in 2013 was the president of the Institute of Chartered Accountants of Scotland. Relevant experience and skills Brendan Nelson has had a long career in finance and auditing, particularly in the areas of financial services and trading. During his career he has also had management experience at a very senior level. He is well qualified to chair the audit committee and to act as its financial expert. As chair of the audit committee he has focused particularly on the oversight of the group’s trading operations. All of this is complemented by his broader business experience and his role as the chair of the audit committee of a major bank.
Phuthuma Nhleko
Independent non-executive director
Phuthuma Nhleko began his career as a civil engineer in the US and as a project manager for infrastructure developments in southern Africa. Following this, he became a senior executive of the Standard Corporate and Merchant Bank in South Africa. He later held a succession of directorships before joining MTN Group, a pan-African and Middle Eastern telephony group represented in 21 countries, as group president and chief executive officer in 2002. During his tenure at the MTN Group he led a number of substantial mergers and acquisitions transactions. He stepped down as group chief executive of MTN Group at the end of March 2011 and became chairman. He was formerly a director of a number of listed South African companies, including Johnnic Holdings (formerly a subsidiary of the Anglo American group of companies), Nedbank Group, Bidvest Group and Alexander Forbes. Relevant experience and skills Phuthuma Nhleko’s background in engineering and his broad experience as a chief executive of a multinational company enables him to make a broad contribution to the board. This is particularly so in the areas of emerging market economies and the evolution of the group’s strategy. His financial and commercial experience is also very relevant to his work on the audit committee.
Paula Rosput Reynolds
Independent non-executive director
Paula Rosput Reynolds is an experienced board member and seasoned senior executive. She is the former chairman, president and chief executive officer of Safeco Corporation, a Fortune 500 property and casualty insurance company that was acquired by Liberty Mutual Insurance Group in 2008. She also served as Vice Chair and Chief Restructuring Officer for American International Group (AIG) for a period after the U.S. Government became the financial sponsor in 2008-2009. Previously, Paula was an executive in the energy industry. She was chairman and CEO of AGL Resources., Inc., an operator of natural gas infrastructure in the U.S. Earlier she led a subsidiary of Duke Energy Corporation that was a merchant operator of electric generation. Earlier in her career, Paula held positions at PG&E Corp. She currently serves as the board chair for the Fred Hutchinson Cancer Research Center. In December 2014, she was awarded the National Association of Corporate Directors National Lifetime Achievement Award.
Sir John Sawers
Independent non-executive director
Sir John Sawers spent 36 years in public service in the United Kingdom, culminating in his five-year tenure as Chief of the Secret Intelligence Service, MI6. Prior to leading MI6, he was the UK\'s Ambassador to the United Nations (2007-2009), Political Director of the Foreign Office (2003-2007), Special Representative in Iraq (2003), Ambassador to Cairo (2001-2003) and Foreign Policy Adviser to the Prime Minister (1999-2001). He was also posted to Washington, South Africa, Damascus and Sanaa. Sir John has extensive experience in international affairs, representing the British Government around the world and leading negotiations at the United Nations, in the European Union and the G8. In recognition of his years of public and diplomatic service, he was made a GCMG in the 2015 New Year’s Honours List. He has also led MI6, an organisation with global reach and impact. As Chief Executive and Chairman of the board, Sir John took the organisation through a period of modernisation and reform. He was also a member of the Foreign and Commonwealth Office’s Main Board from 2003-07.
Andrew Shilston
Independent non-executive director
Andrew Shilston trained as a chartered accountant before joining BP as a management accountant. He subsequently joined Abbott Laboratories before moving to Enterprise Oil plc in 1984 at the time of flotation. In 1989 he became treasurer of Enterprise Oil and was appointed finance director in 1993. After the sale of Enterprise Oil to Shell in 2002, in 2003 he became finance director of Rolls-Royce plc until his retirement on 31 December 2011. He has served as a non-executive director on the board of Cairn Energy plc where he chaired the audit committee. Relevant experience and skills Andrew Shilston has had a long career in finance in the oil and gas industry and more generally. His knowledge and experience as a chief financial officer, firstly in Enterprise Oil and then Rolls-Royce, makes him well suited to be a member of BP’s audit committee. This is complemented by his experience as the chair of the audit committee at Cairn Energy. Andrew has very broad experience of the oil and gas industry which has assisted the board in its work in overseeing the group’s strategy and in particular the evaluation of capital projects. As senior independent director he has contributed to the work of the nomination committee. He has also overseen the evaluation of the chairman in 2014 and will lead the external evaluation of the board in 2015.