LONDON, Oct 25 (Reuters) - BP's incoming chairman, the former Ericsson boss Carl-Henric Svanberg, will lead a shake-up of the oil giant's boardroom when he takes over, The Sunday Times reported.
'From my point of view, that is not a negative. They probably held back a bit on changes because they were waiting for this change,' Svanberg told the paper in an interview.
BP Deputy Chairman Ian Prosser and Erroll Davis, a non-executive board member, are expected to leave next year after more than a decade on the board, with DeAnne Julius exiting by 2011, the paper said.
The company is already looking for a replacement for Tom McKillop, who stepped down in April because of his involvement with the Royal Bank of Scotland.
(Reporting by Ben Deighton; Editing by Richard Chang) Keywords: BP/CHAIRMAN (ben.deighton@reuters.com; +44 207 542 7009; ben.deighton.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
'From my point of view, that is not a negative. They probably held back a bit on changes because they were waiting for this change,' Svanberg told the paper in an interview.
BP Deputy Chairman Ian Prosser and Erroll Davis, a non-executive board member, are expected to leave next year after more than a decade on the board, with DeAnne Julius exiting by 2011, the paper said.
The company is already looking for a replacement for Tom McKillop, who stepped down in April because of his involvement with the Royal Bank of Scotland.
(Reporting by Ben Deighton; Editing by Richard Chang) Keywords: BP/CHAIRMAN (ben.deighton@reuters.com; +44 207 542 7009; ben.deighton.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
© 2009 AFX News
