BP names Browne successor

摘要

Lord Browne will retire as CEO of BP at the end of July 2007 and will be replaced by Tony Hayward, currently BP's head of exploration and production.Peter Sutherland, BP's chairman, said: "Last summer, John and I had agreed that he would stay as CEO until the end of 2008. John decided that it would be in the company's interest to name a successor now in order to provide an orderly transition. Having made that decision, which the board fully supports, we came to the conclusion that a six month handover would be more appropriate than 18 months.