BP has reshuffled its senior executive team appointing deputy chief executive, Lamar McKay, to assist chief executive Bob Dudley.
McKay, currently chief executive of BP’s Upstream segment and a 35-year veteran of BP, will be based in London and take up the role following a suitable handover period. BP America will continue to report to him.
He will be succeeded as Upstream chief executive by Bernard Looney, currently chief operating officer, production, in the Upstream segment.
McKay will take on some of Dudley’s responsibilities as well as playing a part in strategy and long-term planning, plus overseeing safety and operational risk, technology, and corporate governance.
BP said executive vice president of corporate business activities, Katrina Landis will retire on May 1, following a 24-year career at 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.
Dudley said: “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.
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