Lord Browne's career at BP

Jan 12, 2007 01:00 AM

Lord Browne is widely recognised as one of the greatest British business executives of his generation. He was voted Most Admired CEO by Management Today from 1999-2002, knighted in 1998 and made a life peer in 2001. Here is an account of his career at the oil giant BP.
Lord Browne of Madingley was born in 1948 and joined BP in 1966 as a university apprentice. He holds a degree in Physics from Cambridge University and an MS in Business from Stanford University, California. He has also been awarded Honorary Doctorates from Heriot Watt University (D.Eng) and Robert Gordon University (D.Tech), among others.

Between 1969 and 1983, he held a variety of exploration and production posts in Anchorage, New York, San Francisco, London and Canada. In 1984 he became Group Treasurer and Chief Executive of BP Finance International. In April 1986, he took up the position of Executive Vice President and Chief Financial Officer of The Standard Oil Company in Cleveland, Ohio.
In 1987, following the BP/Standard merger, in addition to his position as Executive Vice President and Chief Financial Officer of BP America, he was appointed Chief Executive Officer of Standard Oil Production Company. In 1989, he became Managing Director and Chief Executive Officer of BP Exploration based in London.

In September 1991, he joined the Board of The British Petroleum Company as a Managing Director. He was appointed Group Chief Executive on June 10, 1995. Following the merger of BP and Amoco, he became Group Chief Executive of BP Amoco on December 31, 1998.
He is a non-executive director of Goldman Sachs. He was a director of Intel Corporation from 1997-2006, a Trustee of The British Museum from 1995-2005, a member of the Supervisory Board of DaimlerChrysler from 1998-2001 and a non-executive director of SmithKline Beecham from 1996-1999.

He is an Honorary Fellow of St John’s College, Cambridge and a Senior Member of St Antony’s College, Oxford.
He is a Fellow and President of the Royal Academy of Engineering, a Fellow of the Royal Society, a Fellow of the Institute of Mining and Metallurgy.

Source / BP
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