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BP appoints Kate Thomson as interim CFO

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UK-based energy firm BP has announced the appointment of Kate Thomson as its interim chief financial officer (CFO). This follows the appointment of former CFO Murray Auchincloss as interim chief executive following the abrupt resignation of Bernard Looney, after he admitted that he had failed to adequately declare his personal relationships within the company.

Thomson is a qualified chartered accountant who has been with BP for 19 years. She is currently the senior vice president for finance for operations and production, so she has global responsibility for commercial partnering and financial stewardship. She previously held various serious financial positions, including head of group tax and group treasurer, and sat on the boards of a number of companies under the BP Group umbrella, including Aker BP for the past seven years. Prior to joining BP, she worked at a number of professional services companies, including Ernst & Young.

Interim CEO Murray Auchincloss said that her skills and experience:

“…make her ideally suited to take on the role of interim CFO. She brings deep technical knowledge together with a detailed understanding of BP, and has a first-class track record of leadership across our finance function. I look forward to working alongside her as we continue to deliver BP’s strategy.”

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