BP names new US boss - Business - Evening Standard
       

BP names new US boss

BP have appointed Lamar McKay, formerly leader of the company's Special Projects Team, as their new chairman and president of BP America.

He succeeds Bob Malone, who was appointed to the expanded role in 2006 to repair BP's reputation in the United States which had been battered by an oil spill in Alaska and a refinery explosion in 2005 killing 15 workers.

Mr Malone is retiring after 34 years with the company.

Mr McKay led the talks with BP's billionaire partners in the 50-50 joint venture when BP was locked in a battle for control of TNK-BP, Russia's third-largest crude producer, for much of 2008.

The shareholders reached an agreement giving the oligarchs greater control over BP in September.

Since then, the Russian side has taken effective control of the company, according to TNK-BP sources.

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