BP’s Kate Thomson Promoted to CFO, Joins Board
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Kate Thompson
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bp has appointed Kate Thomson as chief financial officer and will join bp’s board, both with immediate effect. Thomson has been interim chief financial officer since September 2023.
“I am delighted to confirm Kate’s appointment as CFO and welcome her to the board. She has a detailed understanding of bp and the energy and finance sectors, combined with deep technical expertise. Her record of finance leadership together with her performance as interim CFO have clearly demonstrated her suitability to become bp’s permanent CFO,” said Helge Lund, bp chair.
“The board looks forward to working with Kate and Murray as we continue with the execution of bp’s strategy,” added Lund.
“It’s a privilege to become CFO and to join bp’s board. We’ve made great progress through the past few years in strengthening bp, and I have no doubt this will continue,” said Kate Thomson.
“I’m excited about how we can continue to drive bp’s focus on delivery and growing value as we work towards hitting our targets for 2025,” added Thomson.
Before taking on the role of interim CFO, Kate Thomson had been bp’s senior vice president, finance for production & operations, responsible for the financial stewardship of and commercial partnering with the business globally. She has been with bp since 2004, previously holding a number of senior financial roles, including group treasurer and group head of tax.
Before joining bp, Kate had worked in professional services firms including with Ernst & Young in M&A tax and as group head of tax for Charter plc. She has been a member of the board of Aker BP since 2016 and also serves on the boards of a number of bp group companies. She is a qualified chartered accountant and is a member of the Institute of Chartered Accountants in England and Wales (ICAEW).
bp is an energy company that explores and produces oil and natural gas, refines, markets, and supplies petroleum products, as well as generates solar energy, and manufactures and markets chemicals such as terephthalic acid, acetic acid, acrylonitrile, ethylene, and polyethylene. BP serves customers worldwide.
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