Offshore staff
LONDON — The bp board has appointed Murray Auchincloss CEO with immediate effect. Murray, who has been interim CEO since September 2023, will continue as a member of the bp board.
His appointment has been made following what bp calls "a robust and competitive search process," carried out by the board over the past four months with support from international search advisers. This included detailed consideration of a range of candidates, including external to bp.
Before becoming interim CEO in September 2023, Auchincloss had been bp’s CFO since July 2020, at which time he also joined bp’s board. He had previously served as CFO, deputy CFO and head of business development for bp’s Upstream segment. From 2010-2013, he was head of bp’s group chief executive’s office, working directly with Bob Dudley.
Earlier in his career, he joined Amoco Canada in 1992. Following financial and planning roles in Canada and the US, his career included periods as commercial director for bp’s Onshore North America business and CFO for bp’s North Sea business.
He has a degree in finance from the University of Calgary and is a chartered financial analyst and is also a member of the Aker BP board.
Auchincloss’ bp remuneration arrangements will include, but is not limited to, an annual salary of £1.45 million ($1.8 million).
01.17.2024
