One day ahead of the major’s 4Q15 report, BP announced Monday that Lamar McKay is transitioning from his role as chief executive of BP’s upstream segment to become the number 2 man at the company. McKay will be replaced by Bernard Looney, now the COO of Production in the Upstream segment.
McKay, a 35-year veteran of BP, will be based in London in his new role as Deputy Group Chief Executive, second to Bob Dudley. In addition to assuming some duties now performed by Dudley, BP said his key responsibilities will include strategy and long-term planning, safety and operational risk, technology, and corporate governance – including ethics and compliance. BP America will continue to report to him, the major said.
In addition to these appointments, BP said other adjustments will be made after the retirement of Katrina Landis, executive vice president of corporate business activities, on May 1 after a 24-year career with BP.
CEO Bob Dudley commented on the changes: “These changes simplify, focus and better align accountabilities within our experienced and versatile senior team. In particular Lamar’s new role will allow us to further concentrate our attention on BP’s highest priorities through this challenging time for our whole industry.
“I welcome Lamar and Bernard to their important new roles and look forward to working even more closely with them in future. And I would like to thank Katrina for her leadership and the success she delivered throughout all the senior roles she has held at BP.”
BP said Landis will not be replaced on the executive team and the responsibilities of her current role will be assigned to other members of the management team.
Who Is Lamar McKay?
McKay has led BP’s upstream segment since 2013, and has been a member of the executive team since 2008. He started in the industry in 1980 with Amoco ,and held a range of technical and leadership roles before working on the BP-Amoco merger 1998-2000.
He moved to leadership roles in the UK North Sea and head office and then in 2003 became group vice president, Russia and Kazakhstan. He served on the board of TNK-BP from 2004-2007. After further senior executive roles in the US and Russia, McKay was appointed chairman and president of BP America in 2009.
Who Is Bernard Looney?
Looney joined BP’s executive team in 2010, and since 2013 has been COO production in the Upstream segment. He joined BP in 1991 as a drilling engineer, holding roles in the North Sea, Vietnam and the Gulf of Mexico, before moving to executive roles in Alaska and then head office. In 2009 Looney took up leadership of BP’s UK & Norwegian North Sea business before moving to become executive vice president, developments, in late 2010.
Who Is Katrina Landis?
enter image description here Since 2013, Landis has been executive vice president, corporate business activities, responsible for BP’s integrated supply and trading activities, renewable energy activities, shipping, technology and remediation management.
She joined BP in Alaska in 1992 and held senior roles in BP’s trading businesses in both the US and in the UK before becoming chief operating officer and then, in 2009, chief executive of BP Alternative Energy.
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