The Press and Journal (Inverness, Highlands, and Islands)
BP reveals new chairman
Oil giant BP revealed the identity of its next chairman yesterday.
Former Aker Kvaerner, Statoil and BG Group chief executive Helge Lund will succeed Carl-Henric Svanberg, who has held the role for nine years,
Mr Lund, who was at the centre of a multi-millionpound “golden hello” payment controversy in the run-up to his taking over at BG Group in March 2015, will join BP in September.
But he will not officially become chairman of the supermajor until January 1 next year.
He is also chairman of global healthcare company Novo Nordisk and was a director of oil services firm Schlumberger until he stood down from that role yesterday.
Describing BP as “a great company,” Mr Lund added: “It is a huge privilege for me to be asked to lead an experienced and diverse board.
“BP has come successfully through a challenging period under the strong and committed leadership of Carl-Henric and Bob (chief executive
“I am looking forward to working with Bob and his team as they address the changing energy landscape.”
Mr Svanberg said: “Our industry is changing faster than ever as the world focuses on meeting the dual challenge of more energy with fewer emissions.
“Helge has a track record of leadership in addressing these issues, characterised by his open-minded and forward-looking approach.
“Together with his deep industry knowledge and global business experience, he has all the skills necessary to lead the board today and into the future.”
Mr Dudley said: “I am very much looking forward to working with him.”