BP plc

Sector: Crude Petroleum And Natural Gas Region: TX, United States

Exchange/Ticker: New York Stock Exchange: BP

Company Description

BP p.l.c. (BP) is an international oil and gas company. BP operates its products in more than 80 countries, providing its customers with fuel for transportation, energy for heat and light, retail services and petrochemicals products. The Company operates two segments: Exploration and Production and Refining and Marketing. Exploration and Production’s activities include oil and natural gas exploration, field development and production; midstream transportation, storage and processing; and the marketing and trading of natural gas, including liquefied natural gas, together with power and natural gas liquids. Refining and Marketing’s activities include the supply and trading, refining, manufacturing, marketing and transportation of crude oil, petroleum and petrochemicals products and related services.

Featured Media

BP in the UK

Executives

Robert Dudley, Chief Executive Officer

Key accountabilities: Robert (Bob) Dudley became Group Chief Executive of BP p.l.c on 1 October 2010. Education: Degree in Chemical Engineering (University of Illinois, USA), MIM from Thunderbird School of Global Management (USA) and an MBA from SMU (USA). Career: Bob joined Amoco Corporation in 1979, for whom he worked until its merger with BP in 1998. In his early career he held a variety of engineering and commercial posts in the US and UK. From 1987 he worked on the negotiation and development of projects in the South China Sea, following which he was involved in the restructuring of oil and gas research and development activities in the US. Between 1994 and 1997 he was based in Moscow working on corporate development for both upstream and downstream businesses in Russia. In 1997 he became general manager for strategy for Amoco and following the Amoco merger was appointed to a similar role in BP in 1999. From 1999 – 2000 he was appointed executive assistant to the group chief executive officer, following which he was group vice president for BP’s renewables and alternative energy activities, with responsibilities for BP’s global solar business and wind and hydrogen activities. He then took up the role of group vice president responsible for BP’s upstream businesses in Russia, the Caspian Region, Angola, Algeria and Egypt. In 2003, following the formation of TNK-BP – a joint venture between BP and Russian partners – Bob assumed the role of president and chief executive officer until December 2008. Bob was appointed an executive director of the BP board on 6 April 2009 becoming an executive vice president and a member of the executive management team with responsibility for the group’s activities in the Americas and Asia. Between 23 June and 30 September 2010 he served as the President and CEO of BP’s Gulf Coast Restoration Organization in the United States. In December 2009 he was awarded an honorary CBE for services to global energy security and industry. External roles: Member of the Board of Fellows of the Thunderbird School of Global Management and a member of the Society of Petroleum Engineers.

Mark Bly, Executive Vice President, Safety & Operational Risk

Job title: Executive Vice President, Safety & Operational Risk. Key accountabilities: Mark is responsible for strengthening safety, operational risk management, and the systematic management of operations across the BP corporate group. Education: Mark has a BS in Civil Engineering (UC Davis) and a Masters in Structural Engineering (UC Berkeley). Career: Mark joined BP in 1984. From 1986 to 1996, he worked on various engineering and commercial leadership assignments in Houston, a period when BP was establishing itself in the Deepwater GoM. Following which he held Business Unit Leader posts in Alaska and the North Sea as well as Strategic Performance Unit Leader for North American Gas. In 2007 he became Group Vice President, E&P (GoM, Trinidad, Angola, North Africa & Egypt) and a member of the E&P Operating Committee. In 2008 he became Group Head of Safety & Operations, with accountability for group level disciplines including projects, operations, engineering, health, safety, security, and environment. In that capacity, he looked after group wide operating management system implementation, capability programs, and audit. In October 2010 Mark was appointed Executive Vice President of Safety & Operational Risk and a member of the BP Executive Team.

Rupert Bondy, Group General Counsel, BP plc

Key accountabilities: Responsible for legal and compliance matters across the BP Group Education: Rupert obtained his undergraduate degree in classics from Kings College, Cambridge and was then a Harkness fellow in jurisprudence and philosophy of law at Harvard University. He also spent a year as a teaching fellow at Stanford Law School, where he obtained a masters degree in law. Career: Rupert began his career as a lawyer in private practice, with a focus on mergers and acquisitions. In 1989 he joined US law firm Morrison & Foerster, working in San Francisco, London and New York, and from 1994 he worked for UK law firm Lovells in London. In 1995 he joined SmithKline Beecham as Senior Counsel for mergers and acquisitions and other corporate matters. He subsequently held positions of increasing responsibility and following the merger of SmithKline Beecham and GlaxoWelcome to form GlaxoSmithKline (GSK) he was appointed SVP and General Counsel of GlaxoSmithKline in 2001. In May 2008 he joined the BP group, where he is the Group General Counsel. External roles: Member of various professional bodies and committees. He is a member of the English Bar and the California Bar.

Mike Daly, Executive Vice President, Exploration Division.

Key Accountabilities: Mike is accountable for the leadership of BP’s access, exploration and resource appraisal activities and the long-term replacement of BP’s resource base. Education: Dr. Daly graduated from the University College of Wales in geology, and after several years as a field geologist in Africa he completed a Ph.D. at Leeds University. He is an alumnus of Harvard Business School. Career: Dr. Daly joined BP Exploration in 1986, working as a technical specialist in structural geology. In the early 1990’s he joined BP’s global basin analysis group that set the direction of BP’s exploration strategy. This work has underpinned BP’s exploration and reserves replacement performance for two decades. Following this strategic work he has occupied a series of exploration business and functional roles in South America, the North Sea and new business development globally. In 2000 he became the President for BP’s Middle East and South Asia businesses. In July 2006, Dr. Daly was appointed BP’s Head of Exploration and New Business Development and in October 2010 was appointed Executive Vice President, Exploration and a member of the BP Executive Team. External Roles: Dr. Daly currently serves on the British Geological Survey advisory committee. Previous roles include the Natural Environment Research Council (NERC) National Capability Advisory Group, and council member of The Geological Society.

Bob Fryar, Executive Vice President - E&P Production

Key accountabilities: Accountable for safe and compliant E&P operations and stewardship of resources across all regions. Other group accountabilities: Local government and stakeholder management, integration of all E&P activities at the regional level, technical excellence across Safety & Operational Risk and Subsurface, and a robust Operating Management System to ensure safety, quality and compliance of production activities. Education: Bob has a BS degree in Petroleum Engineering from Louisiana State University. Career: Bob has 25 years experience in the oil and gas industry having joined Amoco Production Company in 1985. Most recently Bob was CEO for BP Angola and in his prior role Vice President of Operations Performance Unit for BP Trinidad. Prior to joining BP Trinidad in January, 2003, Bob served in a variety of engineering and management positions in the Onshore US and Deepwater Gulf of Mexico including Petroleum Engineer, Field Manager, Operations Manager, Resource Manager, Asset Manager and Delivery Manager. In addition, he worked on the Vastar Integration Team.

Andy Hopwood, Executive Vice President, E&P Strategy & Integration.

Education: Andy graduated in 1979 from Birmingham University in chemical engineering. Career: After joining BP in 1980 as a petroleum engineer, Mr. Hopwood gained ten years of operating experience in the North Sea, Wytch Farm, and Indonesia, and developing expertise in reservoir engineering in BP’s London headquarters. In 1989 Andy joined the corporate planning team supporting the formulation of BP’s exploration strategy. He also played an integral role in executing the subsequent rationalisation of BP’s portfolio, divesting BP’s Canadian and Egyptian assets. Following this corporate work, Hopwood’s international endeavours led to positions in South America, first in Mexico and then as commercial manager for BP’s Venezuela business, prior to a return to London as the E&P Planning Manager. In 1999, Mr. Hopwood was appointed Business Unit Leader in Azerbaijan. He returned to London in 2001 as the Upstream Chief of Staff, before becoming Business Unit Leader in Trinidad. In 2005 he moved to Houston to become Strategic Performance Unit Leader for the North American gas business. In 2009, Andy joined the upstream executive as Head of Portfolio and Technology and in October 2010 he was appointed Executive Vice President E&P Strategy & Integration, and a member of the Executive Team. External roles: Andy serves as Chair of the BP Foundation.

Bernard Looney, Executive Vice President, Developments

Key accountabilities: Drilling and completions and project activity in the upstream. Education: Degree in Electrical Engineering from University College Dublin, and an MS in Management from the Graduate School of Business at Stanford University. Career: Bernard joined BP in 1991 as a Drilling Engineer, working in the North Sea, Vietnam and the Gulf of Mexico. In 2001 Bernard took on responsibility for drilling operations on Thunder Horse in the Deepwater Gulf of Mexico. He then moved into the Exploration and Technology Group, working for the Group Vice President. In 2005 Bernard became Senior Vice President within BP Alaska, before moving to be Head of the Group CEO’s Executive Office. Bernard moved back to the North Sea in 2008, as Vice President for Norway and Infrastructure. In 2009 he became the Managing Director of BP’s North Sea business in the UK and Norway. Bernard took up his current role in October 2010. Bernard is a member of the Stanford University Graduate School of Business Advisory Council and a Fellow of the Energy Institute.

Lamar McKay, Chairman and President BP America, Inc.

Key Accountabilities: Lamar McKay is BP's chief representative in the United States. He is based in Houston, Texas where BP business units are involved in oil and natural gas exploration and production, refining, chemicals, supply and trading, pipeline operations, shipping and alternative energy. He is also a member of the BP executive management team. Education: Degree in Petroleum Engineering (Magna Cum Laude) from Mississippi State University and an Executive MBA from Indiana University. Career: Lamar started his career in 1980 at Amoco Production Company and worked broadly across the upstream businesses. In 1993, he became General Manager of the Arkoma Basin, and in 1997 moved into the role of Business Unit Leader of the Gulf of Mexico Shelf. During 1998-2000, he worked on the BP-Amoco merger and served as Head of Strategy and Planning - Worldwide Exploration and Production for BP plc. in London. In 2000, he became Business Unit Leader for the Central North Sea in Aberdeen, Scotland, and subsequently as Chief of Staff for worldwide Exploration and Production. In 2002, Lamar moved to become Chief of Staff for the BP Deputy Group Chief Executive. Lamar became Group Vice President, BP plc. for Russia & Kazakhstan in London in 2003, where he was responsible for BP’s Upstream and Downstream businesses in Russia and Kazakhstan including the formation and ongoing responsibility for the TNK-BP JV in 2003. He served as a member of the Board of Directors of TNK-BP Limited from February 2004 to May 2007, and served as Vice-Chairman of the TNK-BP Remuneration and Compensation Committee. In May 2007, Lamar moved to Houston and assumed the role of Senior Group Vice President BP plc. and EVP, BP America. In this role, Lamar led BP’s negotiations on the Texas City Refinery, Prudhoe Bay Field in Alaska and US Trading business settlements. In June 2008, Lamar became Executive Vice President, BP plc Special Projects focusing on Russia , where he most recently led negotiations on behalf of BP involving the partners in the integrated Russian JV oil company TNK-BP. In January 2009 Lamar was appointed Chairman and President of BP America, Inc. and is BP's chief representative in the United States. He is also Executive Vice President of BP plc and a member of the group chief executive committee. External roles: Board Member US-Russia Business Council, former member Russian Federation Foreign Investors Advisory Council

Dev Sanyal, Executive Vice President and Group Chief of Staff

Key accountabilities: Member of the BP executive management team Other group accountabilities: Dev is the accountable executive for all of BP’s corporate activities in central programme management, government and political affairs, policy, economics and competitor intelligence. Education: Dev has a Master's degree in Economics and Politics from The Fletcher School of Law and Diplomacy, Tufts University in cooperation with Harvard University, where he was a Joan M. Gillespie Scholar. Career: Dev joined BP in 1989 and has held a variety of international roles in London, Athens, Istanbul, Vienna and Dubai. He was appointed Chief Executive, BP Eastern Mediterranean Fuels in 1999. In 2002, he moved to London as Chief of Staff of BP’s worldwide downstream businesses. In November 2003, he was appointed Chief Executive Officer of Air BP. In June 2006, he was appointed Head of the Group Chief Executive’s Office. He was appointed Group Vice President and Group Treasurer in 2007. During this period, he was also Chairman of BP Investment Management Ltd and accountable for the Group’s aluminium interests. External roles: Dev is a Trustee of the Career Academy Foundation and a member of the Accenture Global Energy Advisory Board and the European Advisory Forum of The Fletcher School.

Helmut Schuster, Group Human Resources Director

Key accountabilities: Helmut became Group HR Director on 1 March 2011. In this role he holds accountabilities for the BP HR Function. He is also a member of the BP Executive Team. Education: Helmut completed his post graduate diploma in International Relations and his PhD in Economics at the University of Vienna. Career: Helmut Schuster began his career working for Henkel in a marketing capacity. Since joining BP in 1989 Helmut has held a number of major leadership roles. He has worked in BP in the US, UK and Continental Europe and within most parts of Refining, Marketing, Trading and Gas & Power. Before taking on his current role his portfolio of responsibilities as a Vice President, HR included the Refining & Marketing Segment of BP, and Corporate & Functions. This role saw him leading the people agenda for roughly 60,000 people across the globe and includes businesses such as Petrochemicals, Fuels Value Chains, Lubricants and functional experts across the corporation. Other responsbilities: He is also a Non-Executive Director of BP Europa SE.

Webcasts & Earnings Calls

• Fourth Quarter & Total Year 2012 Earnings Call
• Second Quarter 2012 Results Presentation

Related Links

• Press Releases