(Finance) – The board of the British energy giant BP has appointed Murray Auchincloss as CEO with immediate effect. Murray, who has served as interim CEO since September 2023, will continue to serve on the board of directors.
His appointment was made following a competitive search processcarried out by the council in the last four months with the support of international research consultants. This involved a detailed analysis of a number of candidates, including those external to BP.
“Now more than ever, our focus must remain on delivery: operating safely and efficiently, act with discipline and always focus on returns – said Auchincloss – This is how we will deliver real benefits to our customers and other stakeholders and continue to create long-term value for BP shareholders.”
Before becoming interim CEO in September 2023, Murray he had been BP’s CFO since July 2020, at which time he also joined the board of directors. He previously served as CFO, deputy CFO and head of business development for BP’s Upstream segment. From 2010 to 2013 Murray was head of the office of the BP group chief executive, working directly with Bob Dudley.
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