Bernard Looney

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Bernard Looney
Bernard Looney.jpg
Born1970 (age 49–50)
County Kerry, Ireland
NationalityIrish
EducationBusinessman
OccupationUniversity College Dublin
Stanford Graduate School of Business
Home townAshgrove, near Kenmare, Co Kerry, Ireland
TitleCEO, BP
TermFebruary 2020-
PredecessorBob Dudley

Bernard Looney FREng (born 1970) is an Irish businessman and CEO of BP.

Early life[edit]

Looney was born in County Kerry, and was raised on a dairy farm in Ashgrove, near Kenmare.[1] He earned a degree in electrical engineering from University College Dublin and a master's in management from Stanford Graduate School of Business.[1] Looney is a fellow of the Royal Academy of Engineering, and a fellow of the Energy Institute.[1]

Career[edit]

Looney has spent his entire career with BP.[2] He is BP's new CEO.[3]He started his career in BP working in core production and drilling roles in the North Sea, Vietnam and Mexico. He worked his way through top roles in the North Sea, Norway, and the chief executive’s office, eventually taking over the upstream division in 2016.[4]

In October 2019, it was announced that Looney would succeed Bob Dudley as group chief executive[1] in February 2020.[3] Looney said: "It has been a great pleasure to work with Bob and it is an honour to succeed him."[5] Previous experience [all with BP]: Drilling engineer in various locations; Senior VP at BP Alaska; MD at BP North Sea; EVP Developments; COO Production.[6]

He sold BP shares worth £7.8 million in February and April 2019.[7][8][9]

Personal life[edit]

Looney lives in central London, England.[2]

References[edit]

  1. ^ a b c d Taylor, Charlie (4 October 2019). "Irishman Bernard Looney named as chief executive of BP". Irish Times. Retrieved 4 October 2019.
  2. ^ a b "How this Kerry farmer's son is a rising star at oil giant BP". Irish Independent. 28 October 2018. Retrieved 4 October 2019.
  3. ^ a b Meredith, Sam (4 October 2019). "BP CEO Bob Dudley to step down, Bernard Looney will succeed". CNBC. Retrieved 4 October 2019.
  4. ^ Millard, Rachel (1 February 2020). "Can a new leader really help oil giant BP navigate the climate crisis?" – via www.telegraph.co.uk.
  5. ^ "BP chief executive Bob Dudley to retire, to be succeeded by Bernard Looney | News and insights | Home". BP global. Retrieved 22 October 2019.
  6. ^ "How this Kerry farmer's son is a rising star at oil giant BP". independent.
  7. ^ "PRESS: New BP Chief Bernard Looney Sells Nearly GBP8 Million In Share" Check |url= value (help). MorningstarUK. 9 December 2019.
  8. ^ "Director/PDMR Shareholding". otp.investis.com.
  9. ^ "Director/PDMR Shareholding". otp.investis.com.
Business positions
Preceded by
Bob Dudley
Group Chief Executive of BP
2020–present
Incumbent