BP 2014 Annual Report Download - page 57

Corporate governance
Carl-Henric Svanberg
Chairman
Tenure
Appointed 1 September 2009
Outside interests
Chairman of AB Volvo
Age 62 Nationality Swedish
Career
Carl-Henric Svanberg became chairman
of the BP board on 1 January 2010.
Carl-Henric spent his early career at
Asea Brown Boveri and the Securitas
Group, before moving to the Assa Abloy
Group as president and chief executive
officer.
From 2003 until 31 December 2009,
he was president and chief executive
officer of Ericsson, also serving as the
chairman of Sony Ericsson Mobile
Communications AB. He was a
non-executive director of Ericsson
between 2009 and 2012. He was
appointed chairman and a member of
the board of AB Volvo on 4 April 2012.
He is a member of the External Advisory
Board of the Earth Institute at Columbia
University and a member of the
Advisory Board of Harvard Kennedy
School. He is also the recipient of the
King of Sweden’s medal for his
contribution to Swedish industry.
Relevant skills and experience
Carl-Henric Svanberg has, throughout
his career, been involved with
businesses with a global reach. He has
done this as both a chairman and a chief
executive officer. His experience is very
broad which has assisted him in leading
the board in the development of the
group’s strategy. He is focused on the
development of the board as the
long-term stewards of the company and
ensuring the right combination of skills
and diversity on the board to deliver that
task.
Carl-Henric Svanberg’s performance
has been evaluated by the chairman’s
committee, led by Andrew Shilston.
Bob Dudley
Group chief executive
Tenure
Appointed to the board 6 April 2009
Outside interests
Non-executive director of Rosneft
Member of Tsinghua Management
University Advisory Board,
Beijing, China
Member of BritishAmerican Business
International Advisory Board
Member of UAE/UK CEO Forum
Member of the Emirates Foundation
Board of Trustees
Age 59 Nationality American
Career
Bob Dudley became group chief
executive on 1 October 2010.
Bob joined Amoco Corporation in 1979,
working in a variety of engineering
and commercial posts. Between 1994
and 1997, he worked on corporate
development in Russia. In 1997 he
became general manager for strategy
for Amoco and in 1999, following the
merger between BP and Amoco, was
appointed to a similar role in BP.
Between 1999 and 2000, Bob was
executive assistant to the group chief
executive, subsequently becoming
group vice president for BP’s
renewables and alternative energy
activities. In 2002, he became group
vice president responsible for BP’s
upstream businesses in Russia,
the Caspian region, Angola, Algeria
and Egypt.
From 2003 to 2008, he was president
and chief executive officer of TNK-BP.
On his return to BP in 2009 he was
appointed to the BP board and oversaw
the group’s activities in the Americas
and Asia. Between 23 June and
30 September 2010, he served as the
president and chief executive officer
of BP’s Gulf Coast Restoration
Organization in the US. He was
appointed a director of Rosneft in
2013 following BP’s acquisition of a
stake in Rosneft.
Relevant skills and experience
Bob Dudley has spent his entire career
in the oil and gas industry. He has held
senior management roles in Amoco and
BP and has significant experience as the
chief executive officer of TNK-BP.
Over the four years that he has been
group chief executive, Bob has used
these skills in leading BP’s recovery. He
initiated the 10-point plan, the main
2014 tasks of which have been
completed. He has changed the way in
which the group operates and focused
its delivery on value not volume. He has
reshaped the group through non-core
asset divestment and has achieved a
clear direction through a set of
consistent values.
Bob Dudley’s performance has been
considered and evaluated by the
chairman’s committee.
Paul Anderson
Independent non-executive director
Tenure
Appointed 1 February 2010
Outside interests
No external appointments
Age 69 Nationality American
Career
Paul Anderson was formerly chief
executive at BHP Billiton and at Duke
Energy, where he also served as
chairman of the board. Having previously
been chief executive officer and
managing director of BHP Limited and
then BHP Billiton Limited and BHP
Billiton Plc, he rejoined these latter two
boards in 2006 as a non-executive
director, retiring on 31 January 2010. He
served as a non-executive director of
BAE Systems PLC and on a number of
boards in the US and Australia, and was
also chief executive officer of Pan
Energy Corp and chairman of Spectra
Energy.
Relevant skills and experience
Paul Anderson has spent his career in
the oil and gas industry working with
global organizations. He brings the skills
of an experienced chairman and chief
executive and has played an important
role, as chairman of the SEEAC since
2012, of continuing the board’s focus on
safety and on broader non-financial
issues. His experience of business in the
US and its regulatory environment has
greatly assisted the work of the Gulf of
Mexico committee.
Paul has continued to ensure that the
SEEAC’s activities are not limited to the
UK by leading visits, in this year, to Baku
and Brazil.
Alan Boeckmann
Independent non-executive director
Tenure
Appointed 24 July 2014
Outside interests
Non-executive director of Sempra
Energy and Archer Daniels Midland
Board member and trustee of
Eisenhower Medical Center in Rancho
Mirage, California
Age 66 Nationality American
Career
Alan Boeckmann retired as non-
executive chairman of Fluor Corporation
in February 2012, ending a 35-year
career with the company. Between
2002 and 2011, he held the post of
chairman and chief executive officer,
and was president and chief operating
officer from 2001 to 2002. His tenure
with the company included
responsibility for global operations.
As chairman and chief executive officer,
he refocused the company on
engineering, procurement, construction
and maintenance services.
After graduating from the University
of Arizona with a degree in electrical
engineering, he joined Fluor in 1974 as
an engineer and worked in a variety of
domestic and international locations,
including South Africa and Venezuela.
Alan was previously a non-executive
director of BHP Billiton and the
Burlington Santa Fe Corporation, and
has served on the boards of the
American Petroleum Institute, the
National Petroleum Council and the
advisory board of Southern Methodist
University’s Cox School of Business.
He led the formation of the World
Economic Forum’s ‘Partnering Against
Corruption’ initiative in 2004.
Relevant skills and experience
Alan Boeckmann was asked to join the
board because of his deep experience as
a chairman and chief executive officer in
the engineering and contracting industry
which was developed not only in the
United States but also globally. He is an
engineer and brings the skills of that
profession to the SEEAC. Over his career
he has been involved in remuneration
matters and will join the remuneration
committee after the 2015 AGM.
Admiral Frank
Bowman
Independent non-executive director
Tenure
Appointed 8 November 2010
Outside interests
President of Strategic Decisions, LLC
Director of Morgan Stanley
Mutual Funds
Director of Naval and Nuclear
Technologies, LLP
Age 70 Nationality American
Career
Frank L Bowman served for more than
38 years in the US Navy, rising to the
rank of Admiral. He commanded the
nuclear submarine USS City of Corpus
Christi and the submarine tender USS
Holland. After promotion to flag officer,
he served on the joint staff as director of
political-military affairs and as the chief
of naval personnel. He then served over
eight years as director of the Naval
Nuclear Propulsion Program where he
was responsible for the operations of
more than one hundred reactors aboard
the US navy’s aircraft carriers and
submarines. He holds two masters
degrees in engineering from the
Massachusetts Institute of Technology.
After his retirement as an Admiral in
2004, he was president and chief
executive officer of the Nuclear Energy
Institute until 2008. He served on the
BP Independent Safety Review Panel
and was a member of the BP America
External Advisory Council. He was
appointed Honorary Knight Commander
of the British Empire in 2005. He was
elected to the US National Academy of
Engineering in 2009.
Frank is a member of the CNA military
advisory board and has participated in
studies of climate change and its impact
on national security. Additionally he was
co-chair of a National Academies study
investigating the implication of climate
change for naval forces.
Relevant skills and experience
Frank Bowman has a deep knowledge
of engineering coupled with exceptional
experience in safety issues arising from
his time with the US Navy and, later, the
Nuclear Energy Institute. When coupled
with his work on the BP Independent
Safety Review Panel, Admiral Bowman
has direct experience of BP’s safety
goals. In addition, the other roles in his
career give him a broader perspective of
systems and of people. He continues to
make important contributions to the
work of the SEEAC and the Gulf of
Mexico committee.
BP Annual Report and Form 20-F 2014 53