Looney to succeed Dudley as BP chief executive

Offshore staff

LONDON – Bob Dudley has decided to step down as BP group chief executive and from the board following delivery of the company’s 2019 full year results on Feb. 4, 2020 and will retire on March 31, 2020.

Dudley joined the company in 1979, and has served as group chief executive for more than nine years.

Bernard Looney, currently chief executive, Upstream, will succeed Dudley as group chief executive and join the BP board on Feb. 5, 2020. Looney will continue in his current role until this date.

Lamar McKay has agreed to serve as chief transition officer. In this new role, McKay will support the chairman and incoming group chief executive to ensure a full and orderly transfer of leadership. He will assume this new role immediately and step down as deputy group chief executive.

10/04/2019