EQS-Adhoc
BP p.l.c.: Murray Auchincloss appointed bp chief executive officer
- Murray Auchincloss appointed as bp CEO
- Search process for new CEO lasted four months
- Auchincloss has been interim CEO since September 2023
EQS-Ad-hoc: BP p.l.c. / Key word(s): Personnel
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press release
17 January 2024
Murray Auchincloss appointed bp chief executive officer
bp announced today that the bp board has appointed Murray Auchincloss as bp chief executive officer with immediate effect.Murray, who has been interim CEO since September 2023, will continue as a member of the bp board.
His appointment has been made following a robust and competitive search process, carried out by the board over the past four months with support from international search advisers. This included detailed consideration of a range of candidates,including external to bp.
Helge Lund, chair of bp said:“Since September, bp’s board has undertaken a thorough and highly competitive process to identify bp’s next CEO, considering a number of high-calibre candidates in detail. The board is in complete agreement that Murray was the outstanding candidate and is the right leader for bp.
“Many already know Murray well, and few know bp better than he does. His assured leadership, focus on performance and delivery, and deep understanding of the opportunities and challenges in the energy transition will serve bp well as we continue our disciplined transformation to an integrated energy company.”
Murray Auchincloss said: “It’s an honour to lead bp – this is a great company with great people. Our strategy – from international oil company to integrated energy company, or IOC to IEC – does not change. I’m convinced about the significant value we can create.