bp appoints new CFO

Kate Thomson has been appointed as bp’s Chief Financial Officer following an interim position since September last year.

In addition to this, Ms Thomson will join bp’s board, with both positions with immediate effect.

bp Chair Helge Lund says he’s delighted to confirm Ms Thomson’s appointment as CFO, also welcoming her to the board.

“She has a detailed understanding of bp and the energy and finance sectors, combined with deep technical expertise,” he says.

“Her record of finance leadership together with her performance as interim CFO have clearly demonstrated her suitability to become bp’s permanent CFO. The board looks forward to working with Kate and [recently appointed CEO] Murray [Auchincloss] as we continue with the execution of bp’s strategy.”

Ms Thomson says 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,” she says.

“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.”

Before taking on the role of interim CFO, Ms 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.

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