BP plc (BP) Aims to Restructure Its Largest Cash Generating Unit

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BP plc (BP) Appoints James McKay as Upstream CEO

November 23, 2012 10:05 AM EST

BP plc (NYSE: BP) announced the appointment of Lamar McKay as Chief Executive, Upstream. He will take up the position with effect from January 1, 2013.

In his new role, McKay will lead BPs combined Upstream business, comprising the Exploration, Developments and Production divisions together with the Upstream strategy and integration team.

These Upstream functional divisions were formed in late 2010 in a major re-organisation of BPs Upstream segment designed to improve risk... More