BP is headlining a reorganization as upstream chief executive Lamar McKay takes on a new role of deputy group chief executive, with Bernard Looney, the company’s upstream chief operating officer, production taking his place.
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McKay. Image from BP Flickr. |
McKay, a 35-year veteran of BP, will be based in London and take up the role following a suitable handover period. In addition to assuming some duties currently borne by BP’s group chief executive, McKay’s responsibilities will include strategy and long-term planning, safety and operational risk, technology, and corporate governance – including ethics and compliance. BP America will continue to report to him.
These new appointments headline a reorganization of BP’s executive team that includes other adjustments which will follow the retirement of Katrina Landis, executive vice president of corporate business activities, who leaves the company on 1 May, following a career of 24 years with BP. Landis will not be replaced on the executive team and her current role’s responsibilities will be assigned to other members of the team.
“These changes simplify, focus and better align accountabilities within our experienced and versatile senior team. In particular Lamar’s new role will allow us to further concentrate our attention on BP’s highest priorities through this challenging time for our whole industry,” BP group chief executive Bob Dudley said.
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