Helge Lund appointed as BP chairman

BP announced that it has appointed Helge Lund to succeed Carl-Henric Svanberg as chairman of BP. Mr Lund will join the BP Board as chairman designate and a non-executive director on 1 September 2018. He will be appointed chairman on 1 January 2019. Mr Lund will have a base in London.
Helge Lund said “BP is a great company. Now as a non-executive, it is a huge privilege for me to be asked to lead an experienced and diverse board. BP has come successfully through a challenging period under the strong and committed leadership of Carl-Henric and Bob. I am looking forward to working with Bob and his team as they address the changing energy landscape.â€?
BP chairman Carl-Henric Svanberg said: “I am delighted that Helge Lund is to be BP’s next chairman. Our industry is changing faster than ever as the world focuses on meeting the dual challenge of more energy with fewer emissions.
“Helge has a track record of leadership in addressing these issues, characterised by his open-minded and forward-looking approach. Together with his deep industry knowledge and global business experience, he has all the skills necessary to lead the board today and into the future.
Helge Lund served as Chief Executive of BG Group from 2015 to 2016 when the company merged with Shell. He joined BG Group from Statoil where he served as President & CEO for 10 years from 2004.
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