MIL-OSI Economics: BP confirms Murray Auchincloss as CEO

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Source: South Africa’s Economy Loses Momentum Amid Record Power Cuts – Press Release/Statement:

Headline: BP confirms Murray Auchincloss as CEO

UK major BP has confirmed Murray Auchincloss (below, courtesy BP) as CEO with immediate effect and with the board’s unanimous approval, it said January 17. 

The former company CFO said it was an honour to lead BP. He had been interim CEO since September 2023. His appointment followed a “robust and competitive search process with support from international search advisers,” the statement said. 

“The board is in complete agreement that Murray was the outstanding candidate and is the right leader for BP,” the company chair Helge Lund said in the stock-exchange announcement.

“Many already know Murray well, and few know BP better than he does. His assured leadership, focus on performance and delivery, and deep understanding of the opportunities and challenges in the energy transition will serve BP well as we continue our disciplined transformation to an integrated energy company.”

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