BP PLC BP chairman to retire; successor search launched (1228U)
19 Outubro 2017 - 12:34PM
UK Regulatory
TIDMBP.
RNS Number : 1228U
BP PLC
19 October 2017
press release
19 October 2017
BP chairman announces intention to retire
and board launches search for successor
BP today announces that Carl-Henric Svanberg has informed the
company's board of directors of his intention to retire as
chairman. Mr Svanberg will chair the Annual General Meeting to be
held in May 2018 and will remain in position until a successor is
in post.
Ian Davis, the BP board's senior independent director, will now
lead the process to identify and appoint BP's next chairman.
Mr Svanberg joined the BP board on 1 September 2009 and became
chairman on 1 January 2010.
Mr Svanberg said: "It has been a tremendous privilege to lead
the BP board over the past eight years. I am proud of the
achievements of the management and the company in that time. The
first couple of years were incredibly challenging for us all as we
navigated an unusually complex corporate crisis. Through that
turbulent period we stayed focused on saving and restoring the
company. Today I can say with confidence that BP is back and ready
for the future. Our Chief Executive, Bob Dudley, is the one who,
with his team, deserves credit and I am pleased that whoever is
fortunate enough to succeed me as chairman will have the
opportunity to work with him and his impressive management group.
Until then, I look forward to continuing to serve BP and our
shareholders."
Mr Dudley, BP Group Chief Executive, said: "BP's comeback would
not have been possible without the strong leadership and steadfast
support of Carl-Henric and the board. Together we were able to
honour our commitments to the Gulf while rebuilding BP into a
safer, stronger company. We devised a strategy to weather the
downturn in the oil market while returning to growth. And we
committed to playing a leading role in the energy transition while
delivering oil and gas more efficiently. Carl-Henric's wise counsel
and good humour will be sorely missed."
Further information:
BP press office, London: +44 20 7496 4076, bppress@bp.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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October 19, 2017 10:34 ET (14:34 GMT)
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