BP 2011 Annual Report Download - page 119

Directors and senior management
BP Annual Report and Form 20-F 2011 117
Directors and senior management
H L McKay
Lamar McKay (53) was appointed chairman and president of BP America,
Inc. in 2009. He joined Amoco Production Company as a petroleum
engineer in 1980. He held a variety of roles before becoming group vice
president for Russia and Kazakhstan in 2003, also being appointed to the
board of TNK-BP in 2004. In 2007, he was appointed senior group vice
president of BP and executive vice president of BP America. In early 2008,
he became executive vice president of BP p.l.c. special projects, focusing
on Russia, subsequently joining the group executive management team. In
October 2010, in addition to his current duties, he was appointed president
and chief executive officer of the Gulf Coast Restoration Organization.
D Sanyal
Dev Sanyal (46) 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 2003, he was appointed chief executive officer of Air BP
following which in 2006, he became 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. He was
appointed an executive vice president and group chief of staff with effect
from 1 January 2012.
Dr H Schuster
Helmut Schuster (51) joined BP in 1989. He held a number of roles working
in most parts of refining, marketing, trading and gas and power in the US,
UK and Continental Europe. In 2007 he became vice president, human
resources for Refining and Marketing in BP and in 2010 he added corporate
and functions to his portfolio. On 1 March 2011 he became group human
resources director and a member of BP’s executive team.
Directors’ interests
The figures below indicate and include all the beneficial and non-beneficial
interests of each director of the company in shares of the company (or
calculated equivalents) that have been disclosed to the company under the
Disclosure and Transparency Rules as at the applicable dates.
Current directors At 31 Dec 2011 At 1 Jan 2011
Change from
31 Dec 2011
to 1 Mar 2012
C-H Svanberg 933,971 925,000 –
R W Dudley 287,945a280,799a49,356
P M Anderson 6,000a6,000a–
F L Bowman 12,720a2,520a–
A Burgmans 10,156 10,156 –
C B Carroll 10,500a10,500a–
Sir William Castell 82,500 82,500 –
I C Conn 425,169b339,637b72,332
G David 579,000a159,000a–
I E L Davis 10,391 10,000 –
Dr B E Grote 1,394,819c1,372,643c89,784
B R Nelson 11,040 – –
Directors leaving the board At resignation/
retirement At 1 Jan 2011
D J Flint 15,000d15,000 –
Dr D S Julius 15,000d15,000 –
Directors joining the board At 31 Dec 2011
On
appointment
Change from
31 Dec 2011
to 1 Mar 2012
Professor Dame Ann Dowling – –e–
Dr B Gilvary –236,029f95,059
F P Nhleko – –g–
A Shilston – –f–
a Held as ADSs.
b Includes 48,024 shares held as ADSs at 1 January 2011 and at 31 December 2011.
c Held as ADSs, except for 94 shares held as ordinary shares.
d On retirement at 14 April 2011.
e
On appointment at 3 February 2012.
f On appointment at 1 January 2012.
g On appointment at 1 February 2011.
The following performance shares were awarded on 9 March 2011 under
the BP Executive Directors’ Incentive Plan (EDIP). These figures represent
the maximum possible vesting levels. The actual number of shares/ADSs
that vest will depend on the extent to which performance conditions have
been satisfied over a three-year period.
Director
Potential maximum
performance shares
2011 EDIP awards
R W Dudleya1,330,332
I C Conn 623,025
Dr B E Grotea785,394
a Held as ADSs.
Additional details regarding performance shares awarded can be found in
the Directors’ remuneration report on page 149.
Executive directors are also deemed to have an interest in such
shares of the company held from time to time by the BP Employee Share
Ownership Plan (No. 2) to facilitate the operation of the company’s option
schemes.
No director has any interest in the preference shares or debentures
of the company or in the shares or loan stock of any subsidiary company.