Share price languishing. Some investors twitchy about strategy and demanding easing off on green targets. Climate change lobby expressing disappointment in rowing back and demanding more aggressive targets. Takeover rumours circulating in the press. And your predecessor leaving under a cloud after an apparent display of poor integrity. Wow! That’s a lot on your plate from day 1, Murray Auchincloss. How about a simple fix to create a bit of breathing room. Engage with #bppensioners now, give us a display of how you honour the #codeofconduct , and respect and honour the former employees who built the company you now lead. We don’t want to see its reputation trashed or its history just sucked into a competitor. It is in your gift to restore pension values, which will be 17% down by May ‘24, if you continue to fail to keep the promises made. You can make the #bppensionscandal go away now. That would be 60,000 advocates for #bp on side. Be brave. Be seen to do the right thing. Grasp the opportunity.
Murray Auchincloss has been appointed our chief executive officer with immediate effect, following a robust and competitive global search process.
Helge Lund, chair of bp said: “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.”
Murray said: “It’s an honour to lead bp – this is a great company with great people. Our strategy – from international oil company to integrated energy company does not change. I’m convinced about the significant value we can create.”
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Principal & President @ EIGHT3SIX | Strategic Sales Growth
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