British Petroleum
BP names Ericsson CEO Svanberg new chairman
BP PLC (LSE: BP) has appointed Carl-Henric Svanberg, currently chief executive officer of Swedish telecommunications company Ericsson, to replace Peter Sutherland as chairman.
Svanberg will join the BP board as chairman-designate and a non-executive director on September 1 2009.
He will step down at year-end after a seven-year tenure as Ericsson CEO and Sony Ericsson chairman and succeed Mr Sutherland as chairman of BP on January 1 2010. He will be based in London and devote the majority of his time to BP business.
Other British Petroleum articles
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01/10/09 British Petroleum: earnings leveraged to the long term recovery in oil prices
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06/03/09 BP: Total return potential
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04/11/08 BP posts record results. Again.
Other British Petroleum news
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11/03/10 BP buys Brazil deepwater exploration and other assets from Devon Energy for US$7.0 bln
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10/02/10 BP still a very strong play in a recovering sector - with extremely well supported earnings
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04/02/10 BP gets €180 mln offer for French retail fuels and convenience business from Delek Group
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02/02/10 BP Q4 profits miss expectations, 2009 production growth ahead of guidance
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03/11/09 BP and China’s CNPC sign technical services deal to develop Iraq’s Rumaila oil field
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27/10/09 BP beats expectations with higher oil production and lower costs
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16/09/09 BP sells India wind power interests in line with strategic focus on US wind portfolio
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02/09/09 BP announces ‘giant oil discovery’ in Gulf of Mexico
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11/08/09 BP and Martek reach biofuel joint development deal
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17/07/09 BP drills successful appraisal well in untested area of Mad Dog field, Gulf of Mexico
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