bp Reduces Executive Leadership Team to 10 Members


   
   OAKHURST, N.J. (DTN) --- bp announced it is simplifying its organizational 
structure, reducing its leadership team in size to 10 members.

   The company will continue to have three businesses -- production and 
operations, gas and low carbon energy, and customers and products -- enabled by 
trading and shipping.

   The current regions, corporates, and solutions organization will be 
integrated into the businesses and functions, and bp will now be supported by 
five functions: finance; technology; strategy, sustainability, and ventures; 
people and culture; and legal. Together these changes will reduce duplication 
and reporting line complexity said the company.

   bp's financial reporting structure remains unchanged.

   William Lin, who previously led regions, corporates, and solutions, will now 
lead the gas and low carbon energy business, succeeding Anja-Isable Dotzenrath 
who is retiring from bp and her executive career. Emeka Emembolu will head bp's 
technology function, taking over from Leigh-Ann Russell who is leaving bp for 
an external opportunity.

   "As I set out in February, bp's destination from IOC to IEC is unchanged -- 
and we need to deliver as a simpler, more focused and higher value company," 
said Murray Auchincloss, bp's CEO. "These changes will help us do just that, 
reducing complexity within bp, allowing our team to focus on delivering our 
priorities and growing the value of bp."




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