Additional Information
Market: LSE, NYSE(ADR)
Sector: Energy
EPIC: BP.
Latest Price: 487.55p  (0.15% Ascending)
52-week High: 503.80p
52-week Low: 361.25p
Market Cap: 92,521.82M
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BP is one of the world's largest oil and gas companies with operations in more than 100 countries across six continents. The company's main businesses are exploration and production of oil and gas; refining, manufacturing and marketing of oil products and petrochemicals; transportation and marketing of natural gas; and BP Alternative Energy, a growing business in renewable and low-carbon power and next generation energy technologies.

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BP names Ericsson CEO Svanberg new chairman

25th Jun 2009, 8:14 am 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.

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