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{{Short description|Canadian businessman and Interim CEO, bp PLC}} {{Short description|Canadian businessman and Interim CEO, BP p.l.c.}}
{{Use dmy dates|date= September 2023}} {{Use dmy dates|date= September 2023}}
{{Use Canadian English|date= September 2023}} {{Use Canadian English|date= September 2023}}


'''Murray Michael Auchincloss''' is a Canadian business executive, and the chief executive officer of ]. He was its interim CEO from September 2023 to January 2024. '''Murray Michael Auchincloss''' is a Canadian business executive and the chief executive officer of ]. He was its interim CEO from September 2023 to January 2024.


He earned a degree in commerce from the ], Canada.<ref name="BP bio"/> Auchincloss earned ] degree in finance from the ].<ref name="BP bio">{{cite web |title=Murray Auchincloss |url=https://www.bp.com/en/global/corporate/who-we-are/board-and-executive-management/the-board/murray-auchincloss.html |website=BP |access-date=12 September 2023}}</ref>


Auchincloss qualified as a chartered financial analyst in the US.<ref name="BP bio">{{cite web |title=Murray Auchincloss |url=https://www.bp.com/en/global/corporate/who-we-are/board-and-executive-management/the-board/murray-auchincloss.html |website=BP |access-date=12 September 2023}}</ref> He has been the chief financial officer (CFO) of BP since July 2020.<ref name="BP bio"/> he is a director of Aker BP ASA, a main committee member of The 100 Group, and a member of the European Round Table for CFOs.<ref name="BP bio"/> Auchincloss qualified as a chartered financial analyst in the United States. From July 2020 to September 2023, he was the chief financial officer (CFO) of BP.<ref name="BP bio"/> He is a director of Aker BP ASA, a main committee member of The 100 Group, and a member of the European Round Table for CFOs.<ref name="BP bio"/><ref>{{cite web |last1=Butler |first1=Eleanor |title=BP appoints new permanent CEO, Murray Auchincloss |url=https://www.euronews.com/business/2024/01/17/bp-appoints-new-permanent-ceo-murray-auchincloss |website=Euronews |language=en |date=17 January 2024}}</ref>


In September 2023, he was appointed interim CEO of BP, following the sudden resignation of ] due to failing to reveal relationships with colleagues.<ref name="Guardian">{{cite news |last1=Lawson |first1=Alex |title=BP boss Bernard Looney resigns after failing to reveal relationships with colleagues |url=https://www.theguardian.com/business/2023/sep/12/bp-boss-bernard-looney-to-resign-after-failing-to-reveal-ties-with-colleagues |access-date=12 September 2023 |work=The Guardian |date=12 September 2023}}</ref> Auchincloss is reported by ] to also be in a relationship with a colleague. A spokeswoman for ] said that the relationship did not represent a breach of BP’s code of conduct and had been “fully and appropriately disclosed” to the group.<ref>{{Cite news |last=Martin |first=Ben |date=2023-09-15 |title=Bernard Looney’s replacement at BP also in relationship with colleague |language=en |url=https://www.thetimes.co.uk/article/looneys-replacement-at-bp-also-in-relationship-with-colleague-wpm8t0nvz |access-date=2023-09-15 |issn=0140-0460}}</ref> In September 2023, he was appointed interim CEO of BP, following the sudden resignation of ] due to failing to reveal relationships with colleagues.<ref name="Guardian">{{cite news |last1=Lawson |first1=Alex |title=BP boss Bernard Looney resigns after failing to reveal relationships with colleagues |url=https://www.theguardian.com/business/2023/sep/12/bp-boss-bernard-looney-to-resign-after-failing-to-reveal-ties-with-colleagues |access-date=12 September 2023 |work=The Guardian |date=12 September 2023}}</ref> Auchincloss was also reported by '']'' to be in a relationship with a colleague. A spokeswoman for BP said that the relationship did not represent a breach of BP’s code of conduct and had been “fully and appropriately disclosed” to the group.<ref>{{Cite news |last=Martin |first=Ben |date=2023-09-15 |title=Bernard Looney’s replacement at BP also in relationship with colleague |language=en |url=https://www.thetimes.co.uk/article/looneys-replacement-at-bp-also-in-relationship-with-colleague-wpm8t0nvz |access-date=2023-09-15 |issn=0140-0460}}</ref>

Auchincloss is one of the highest paid executives in the United Kingdom. His 2023 pay packet stood at £8 million ($10 million).<ref>{{Cite web |date=2024-03-08 |title=BP: New boss Murray Auchincloss gets £8m pay packet in 2023 |url=https://www.bbc.com/news/articles/cw0zj77e145o |access-date=2024-03-11 |website=BBC News |language=en-GB}}</ref> His pay for 2023 included a salary of £1.02 million, a bonus of £1.8 million and share-based rewards worth worth £4.6 million, as well as other benefits.<ref>{{Cite news |last=Jolly |first=Jasper |date=2024-03-08 |title=BP claws back £1.8m from sacked boss Looney and hands new CEO £8m pay deal |url=https://www.theguardian.com/business/2024/mar/08/bp-sacked-boss-bernard-looney-bonuses-executive-pay-murray-auchincloss |access-date=2024-03-11 |work=The Guardian |language=en-GB |issn=0261-3077}}</ref>


==References== ==References==

Latest revision as of 15:10, 30 October 2024

Canadian businessman and Interim CEO, BP p.l.c.

Murray Michael Auchincloss is a Canadian business executive and the chief executive officer of BP. He was its interim CEO from September 2023 to January 2024.

Auchincloss earned BCom degree in finance from the University of Calgary.

Auchincloss qualified as a chartered financial analyst in the United States. From July 2020 to September 2023, he was the chief financial officer (CFO) of BP. He is a director of Aker BP ASA, a main committee member of The 100 Group, and a member of the European Round Table for CFOs.

In September 2023, he was appointed interim CEO of BP, following the sudden resignation of Bernard Looney due to failing to reveal relationships with colleagues. Auchincloss was also reported by The Times to be in a relationship with a colleague. A spokeswoman for BP said that the relationship did not represent a breach of BP’s code of conduct and had been “fully and appropriately disclosed” to the group.

Auchincloss is one of the highest paid executives in the United Kingdom. His 2023 pay packet stood at £8 million ($10 million). His pay for 2023 included a salary of £1.02 million, a bonus of £1.8 million and share-based rewards worth worth £4.6 million, as well as other benefits.

References

  1. ^ "Murray Auchincloss". BP. Retrieved 12 September 2023.
  2. Butler, Eleanor (17 January 2024). "BP appoints new permanent CEO, Murray Auchincloss". Euronews.
  3. Lawson, Alex (12 September 2023). "BP boss Bernard Looney resigns after failing to reveal relationships with colleagues". The Guardian. Retrieved 12 September 2023.
  4. Martin, Ben (15 September 2023). "Bernard Looney's replacement at BP also in relationship with colleague". ISSN 0140-0460. Retrieved 15 September 2023.
  5. "BP: New boss Murray Auchincloss gets £8m pay packet in 2023". BBC News. 8 March 2024. Retrieved 11 March 2024.
  6. Jolly, Jasper (8 March 2024). "BP claws back £1.8m from sacked boss Looney and hands new CEO £8m pay deal". The Guardian. ISSN 0261-3077. Retrieved 11 March 2024.
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