BP 2012 Annual Report Download - page 107

Corporate governance
Corporate governance
BP Annual Report and Form 20-F 2012
105
Board of directors
Carl-Henric Svanberg
Current position
Carl-Henric Svanberg is BP’s chairman. He was appointed a non-executive
director of BP on 1 September 2009 and became chairman on 1 January
2010.
Board and committee activities
He chairs the chairman’s and the nomination committees and attends the
Gulf of Mexico and the remuneration committees.
Outside interests
Carl-Henric Svanberg is chairman of AB Volvo.
Career
He spent his early career at Asea Brown Boveri and the Securitas Group,
before moving to the Assa Abloy Group as president and chief executive
officer.
From 2003 until 31 December 2009, when he left to join BP, he was
president and chief executive officer of Ericsson, also serving as the
chairman of Sony Ericsson Mobile Communications AB. He was a
non-executive director of Ericsson between 2009 and 2012. He was
appointed chairman and a member of the board of AB Volvo on 4 April
2012.
He is a member of the External Advisory Board of the Earth Institute at
Columbia University and a member of the Advisory Board of Harvard
Kennedy School.
Relevant experience and skills
Carl-Henric Svanberg’s career in international business, latterly as chief
executive officer of Ericsson, is particularly relevant to BP globally. During
the year, in addition to leading the board, he has contributed to the work
of the Gulf of Mexico and the remuneration committees and has chaired
the nomination committee. He has focused on succession within the
executive team and amongst the non-executive directors. He has
developed a well-balanced board that has contributed to BP’s strategy and
delivery of shareholder value.
Bob Dudley
Current position and group responsibilities
Bob Dudley is BP’s group chief executive. He was appointed an executive
director of BP on 6 April 2009.
Outside interests
Bob Dudley has no external appointments.
Career
He joined Amoco Corporation in 1979, working in a variety of engineering
and commercial posts. Between 1994 and 1997, he worked on corporate
development in Russia. In 1997, he became general manager for strategy
for Amoco and in 1999, following the merger between BP and Amoco,
was appointed to a similar role in BP.
Between 1999 and 2000, he was executive assistant to the group chief
executive, subsequently becoming group vice president for BP’s
Renewables and Alternative Energy activities. In 2002, he became group
vice president responsible for BP’s upstream businesses in Russia, the
Caspian region, Angola, Algeria and Egypt.
From 2003 to 2008, he was president and chief executive officer of
TNK-BP.
On his return to BP in 2009 he was appointed to the BP board and
oversaw the group’s activities in the Americas and Asia. Between 23 June
and 30 September 2010, he served as the president and chief executive
officer of BP’s Gulf Coast Restoration Organization in the US. He became
group chief executive on 1 October 2010.
Relevant experience and skills
Bob Dudley has spent his entire career in the oil and gas industry. His
broad range of roles with Amoco and BP have given him substantial global
experience. This has been supplemented by his time as chief executive
officer of TNK-BP. He has performed strongly as BP’s chief executive
officer since his appointment in 2010.
Paul Anderson
Current position
Paul Anderson was appointed a non-executive director of BP on
1 February 2010.
Board and committee activities
He is chairman of the safety, ethics and environment assurance
committee (SEEAC) and is a member of the chairman’s, the Gulf of
Mexico and the nomination committees.
Outside interests
Paul Anderson is a non-executive director of BAE Systems PLC.
Career
He was formerly chief executive at BHP Billiton and Duke Energy, where
he also served as chairman of the board. Having previously been chief
executive officer and managing director of BHP Limited and then BHP
Billiton Limited and BHP Billiton Plc, he rejoined these latter two boards in
2006 as a non-executive director, retiring on 31 January 2010. Previously
he served as a non-executive director on a number of boards in the US
and Australia and as chief executive officer of Pan Energy Corp.
Relevant experience and skills
Paul Anderson took the chair of the SEEAC in December 2012. As chair
he has continued the committee’s focus on safety matters both in
meetings and through visits to the company’s operations. His broad
experience of the global oil and gas industry and of the US business
environment has benefited both the board, the SEEAC and the Gulf of
Mexico committee. He has actively supported the work of the BP
Massachusetts Institute of Technology (MIT) academy. This global
perspective has also enabled him to guide the work of the ad-hoc
Russia committee.
Admiral Frank Bowman
Current position
Frank Bowman was appointed a non-executive director of BP on
8 November 2010.
Board and committee activities
He is a member of the SEEAC and the chairman’s and the Gulf of Mexico
committees.
Outside interests
Frank Bowman is president of Strategic Decisions, LLC and a director of
Morgan Stanley Mutual Funds, the American Shipbuilding Suppliers
Association, and the Naval and Nuclear Technologies, LLP.
Career
He joined the United States Navy in 1966. During his naval service, he
commanded the nuclear submarine USS City of Corpus Christi and the
USS Holland. He served as a flag officer; as the Navy’s chief of personnel;
on the joint staff as director of Political-Military Affairs; and as director of
the naval nuclear propulsion programme in the Department of the Navy
and the Department of Energy for over eight years.
After his retirement as an Admiral in 2004, he was president and chief
executive officer of the Nuclear Energy Institute until 2008. He served on
the BP Independent Safety Review Panel and was a member of the BP
America External Advisory Council. He was appointed Honorary Knight
Commander of the British Empire in 2005 by Queen Elizabeth II. He was
also elected to the US National Academy of Engineering in 2009.
Relevant experience and skills
Frank Bowman has a deep knowledge of engineering coupled with
exceptional experience in safety arising from his time with the US Navy
and, later, the Nuclear Energy Institute. His service on the BP Independent
Safety Review Panel gave him direct experience of BP’s safety aims and
requirements, particularly in the area of refining. He makes a significant
contribution to the work of the SEEAC and the Gulf of Mexico committee.
He has actively supported the work of the BP MIT academy.