BP 2013 Annual Report Download - page 65

Corporate governance
BP Annual Report and Form 20-F 2013 61
Bob Dudley
Group chief executive
Tenure
Appointed to the board 6 April 2009 (4 years)
Outside interests
Non-executive director of Rosneft
Member of Tsinghua Management University Advisory Board, Beijing, China
Member of BritishAmerican Business International Advisory Board
Member of UAE/UK CEO Forum
Member of Turkish/British CEO Forum
Member of Russian Geographical Society
Age
58
Nationality
American
Career
Bob Dudley became group chief executive on 1 October 2010.
Bob 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 in Moscow. 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 was appointed a director of Rosneft in March 2013 following BP’s
acquisition of a stake in Rosneft.
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 has given him substantial global
experience.
Since his appointment as group chief executive in 2010, Bob has
re-organized the operations of the group and has moved its focus to value
not volume; all without any compromise on safety. During the year he has
successfully completed the disposal of the group’s interest in TNK-BP and
the acquisition of a significant stake in Rosneft.
Bob Dudley’s performance has been considered and evaluated by the
chairman’s committee.
Carl-Henric Svanberg
Chairman
Tenure
Appointed to the board 1 September 2009 (4 years)
Board and committee activities
Chairman
Chairman of the chairman’s committee
Chairman of the nomination committee
Attends the safety, ethics and environment assurance committee (SEEAC)
Attends the Gulf of Mexico committee
Attends the remuneration committee
Outside interests
Chairman of AB Volvo
Age
61
Nationality
Swedish
Career
Carl-Henric Svanberg became chairman of the BP board on 1 January
2010.
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, a member of the Advisory Board of Harvard Kennedy
School and on the Leadership Council of the United Nations Sustainable
Development Solutions Network. He is also the recipient of the King of
Sweden’s medal for his contribution to Swedish industry.
Relevant experience and skills
Carl-Henric Svanberg’s career in global business, latterly as chief executive
officer of Ericsson, is particularly relevant to BP as has been demonstrated
during his tenure as chairman. In leading the board, he has focused on the
development of the group’s strategy and its communication to
shareholders. He has also concentrated on the work of the nomination
committee in endeavouring to ensure that the board has a strong list of
candidates to secure its stewardship of the company.
Carl-Henric Svanberg’s performance during the year has been evaluated by
the chairman’s committee, led by Antony Burgmans.