changing of the guard at bp

Conn replaces Manzoni as chief executive of refining and marketing.

BP has appointed Iain Conn has been appointed chief executive of the company’s refining and marketing business starting June 1, 2007. He replaces John Manzoni who is leaving BP after 24 years’ service.

Manzoni has agreed with the board that, following a three-month handover period, he will step down as a group managing director and leave BP on August 31, 2007. He intends to take a senior position elsewhere in the industry. Conn’s current responsibilities for functions and regions will be shared with other executive colleagues.

“John Manzoni has shown the most immense commitment and dedication to the company,” said BP Chairman Peter Sutherland. “The BP board extends its thanks for his long and loyal service and wishes him every success in the next phase of his career.”

Conn was appointed an executive director of BP in July 2004 with functional responsibility for safety & operations, technology, marketing, human resources, information technology, procurement and supply chain management. His career with BP began in 1986 and he has had various roles in exploration & production, oil trading and in group headquarters. He has worked overseas in Italy, Colombia and the U.S.

Iain has spent a number of years in refining and marketing, most recently between 2000-2, when he was responsible for marketing operations in Europe and for the integration of Veba Oel into BP. In 2002 he was appointed chief executive of BP’s petrochemicals business.

In addition to his role as chief executive of refining and marketing, Iain will have regional responsibility for Europe, Southern Africa and Asia Pacific.

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