BP has appointed Kate Thomson as its chief financial officer and will join the company’s board, both with immediate effect.
Thomson has been interim chief financial officer since September 2023. Before taking on the role, she had been BP’s senior vice president finance for production & operations, responsible for the financial stewardship of and commercial partnering with the business globally.
She has been with BP since 2004, previously holding a number of senior financial roles, including group treasurer and group head of tax.
Thomson said: “It’s a privilege to become chief financial officer and to join BP’s board. We have made great progress through the past few years in strengthening bp, and I have no doubt this will continue. I am excited about how we can continue to drive BP’s focus on delivery and growing value as we work towards hitting our targets for 2025.”
BP chair Helge Lund commented: “I am delighted to confirm Kate’s appointment as chief financial officer and welcome her to the board. She has a detailed understanding of BP and the energy and finance sectors, combined with deep technical expertise.
“Her record of finance leadership together with her performance as interim chief financial officer have clearly demonstrated her suitability to become BP’s permanent chief financial officer.”