BP Appoints Kate Thomson as Permanent Finance Chief – Update

BP Names Kate Thomson as Permanent CFO, Completing Leadership Change

BP has officially confirmed Kate Thomson as its permanent chief financial officer, finalizing the leadership change that began with the appointment of Murray Auchincloss as chief executive officer last month. Thomson had been serving as interim CFO since Auchincloss was named interim CEO following the abrupt exit of Bernard Looney in September. The move comes after revelations about Looney’s failure to disclose details about past relationships with employees. Thomson, who has been with BP for nearly 20 years, previously led the finances of the company’s oil-and-gas production and operations division. Her annual salary will be £800,000 ($1 million).