BP CEO History

BP CEO HISTORY

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KEY LIST OF CHAIRMANS & CEOS OF BP (BRITISH PETROLEUM)

  • William Knox D'Arcy (1901-1908)
  • John Cadman, 1st Baron Cadman (1927-1932)
  • Sir Maurice Bridgeman (1932-1938)
  • Sir William Fraser (1941-1954) 
  • Sir Eric Drake (1969-1975)
  • Sir Peter Walters (1981-1990)
  • Robert Horton (1990-1992)
  • David Simon (1992-1995)
  • Sir John Browne (1995-2007)

WILLIAM KNOX D'ARCY

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William Knox D'Arcy, a British-Australian businessman, made his fortune in the Mount Morgan goldfield in Australia before securing a 60-year oil-mining concession in Iran in 1901.

His success in discovering oil in southwestern Iran in 1908 led to the formation of the Anglo-Persian Oil Company in 1909, effectively transforming the Middle East into an area of enduring geopolitical interest.

Despite his significant contributions to the Iranian oil industry, D'Arcy faced challenges and controversies, including disputes with the Iranian government over the terms of the concession and accusations of exploiting Iran's resources for personal gain.

JOHN CADMAN, 1ST BARON CADMAN

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John Cadman, 1st Baron Cadman, a British mining engineer and businessman, served as the chairman of the Anglo-Persian Oil Company (APOC) from 1927 to 1932, where he was known for his technical expertise, leadership skills, and advocacy for the use of geophysical techniques in the oil industry.

Cadman was instrumental in the successful search for oil in Persia and played a key role in navigating the complex political and business landscape of the Middle East during his tenure.

His contributions to the British government, including securing Persian oil supplies before World War I, earned him a knighthood in 1918 and a peerage in 1937.

SIR MAURICE BRIDGEMAN

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Sir Maurice Bridgeman, who served as the chairman of the Anglo-Persian Oil Company (APOC) from 1932 to 1938, played a crucial role in negotiating the "Red Line Agreement" in 1933, which established a new framework for oil exploration and production in Iran.

Under Bridgeman's leadership, the APOC expanded its operations beyond Iran, acquiring stakes in oil fields in Iraq and other parts of the Middle East, while also establishing new refineries and marketing operations in Europe and other parts of the world.

His tenure as chairman was characterized by a strong commitment to technical innovation, operational excellence, and a deep understanding of the complex political and business environment of the oil industry in the Middle East.

SIR WILLIAM FRASER

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Sir William Fraser, a prominent figure in the history of the Anglo-Persian Oil Company (APOC) and later British Petroleum (BP), served as a director, deputy chairman, and eventually chairman of the company from 1941 to 1954, guiding it through the tumultuous period of World War II and the postwar era.

Fraser's strategic vision, management acumen, and deep understanding of the oil industry were instrumental in navigating the complex political and economic landscape of the Middle East, particularly in Iran, where the company held significant oil concessions.

Under his leadership, APOC/BP expanded its operations, acquired stakes in oil fields in Iraq, and established refineries and marketing operations in Europe and beyond.

SIR ERIC DRAKE

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Sir Eric Drake, who served as the chairman of British Petroleum (BP), from 1969 to 1975, is best known for his role in the discovery of the Forties oil field in the North Sea, which marked a significant milestone for BP and the global oil and gas industry.

Despite initially stating that there would be no oil in the North Sea, Drake's leadership and commitment to innovation and technical excellence led to the discovery of the Forties field just six months later, capable of producing 400,000 barrels of crude oil a day.

Throughout his tenure, Drake navigated complex political and business environments while expanding BP's operations and strengthening its position in the global oil and gas industry.

SIR PETER WALTERS

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Sir Peter Walters, who served as the chairman of British Petroleum (BP) from 1981 to 1990, played a significant role in transforming the company into a top-rank international oil company through his strategic vision, commitment to operational excellence, and ability to navigate complex political and business environments.

Walters' major achievements include overseeing BP's acquisition of the Standard Oil Co of Ohio (Sohio) in 1987, which greatly expanded the company's operations in the United States, and the takeover of the privatized North Sea operator Britoil.

Known for his hands-off delegation style and demand for results, Walters' leadership and advocacy for research and development helped shape the future direction of the company.

ROBERT HORTON

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Robert Horton, who served as the Chairman and Chief Executive Officer of British Petroleum (BP) from 1990 to 1992, is best known for his role in initiating "Project 1990," a study aimed at considering a major organizational transformation of the company—focusing on human resource initiatives, culture change, vision, values, and essential behaviors.

During his tenure, Horton was deeply involved in the process of cultural change at BP, actively championing workshops and initiatives to bring about a new culture centered around "OPEN" (Open Thinking, Personal Impact, Empowering, and Networking) behaviors.

Despite his relatively short time as Chairman and CEO, Horton's leadership was marked by a substantial commitment to HR strategy and a focus on empowering employees and releasing their talents to sustain competitive advantage in the future.

DAVID SIMON

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David Simon, who served as the chief executive of British Petroleum (BP) from 1992 to 1995 and as the chairman from 1995 to 1997, is credited with leading the company's turnaround by reducing debt and shedding businesses during his tenure.

Simon's leadership was also marked by his role in the company's response to the Piper Alpha disaster in 1988, which killed 167 people; as the managing director of BP at the time, he was involved in implementing safety measures and improving communication with employees and the public in the aftermath of the tragedy.

SIR JOHN BROWNE

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Sir John Browne, who served as the Chief Executive Officer (CEO) of British Petroleum (BP) from 1995 to 2007, is widely recognized for leading the company through a period of significant expansion and diversification, often referred to as BP's "golden period."

During his tenure, Browne engineered mergers with rival companies Amoco and ARCO, gained access to Russian oil reserves through the creation of TNK-BP, and was praised for transforming the oil and gas industry's approach to climate change by creating a renewable and alternative energy business within BP.

However, his tenure was not without controversy, as he resigned from BP in May 2007 amid personal scandals surrounding his private life and allegations of perjury, which somewhat overshadowed his significant contributions to the company's growth and his efforts to re-brand BP as a more environmentally conscious organization.

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