Leadership change completed with CFO appointment

  • BP confirms Kate Thomson as permanent CFO
  • Leadership change completed after CEO appointment
  • Thomson previously led finances of oil-and-gas division
  • Thomson joined BP nearly 20 years ago
  • Annual salary of 800,000 pounds

BP has officially confirmed Kate Thomson as its permanent chief financial officer, completing a leadership change that began with the appointment of Murray Auchincloss as CEO last month. Thomson, who joined BP nearly 20 years ago, had been serving as interim CFO since Auchincloss took on the role of interim CEO. She previously led the finances of BP’s oil-and-gas production and operations division. Thomson’s remuneration will include an annual salary of 800,000 pounds.

Public Companies: BP (BP)
Private Companies:
Key People: Kate Thomson (Chief Financial Officer), Murray Auchincloss (Chief Executive Officer), Bernard Looney (Former Chief Executive Officer)


Factuality Level: 8
Justification: The article provides factual information about the confirmation of Kate Thomson as BP’s permanent chief financial officer and the completion of a leadership change. It also mentions the reason for Bernard Looney’s exit and provides details about Thomson’s background and remuneration. The information seems to be based on official statements from BP.

Noise Level: 7
Justification: The article provides some relevant information about the leadership change at BP, but it lacks depth and analysis. It does not explore the consequences of the change or provide any insights or solutions. The article also does not provide evidence or data to support its claims. Overall, it contains mostly filler content and does not provide much value to the reader.

Financial Relevance: Yes
Financial Markets Impacted: BP

Presence of Extreme Event: No
Nature of Extreme Event: No
Impact Rating of the Extreme Event: No
Justification: This news article pertains to the financial topic of BP confirming Kate Thomson as its permanent chief financial officer. There is no mention of any extreme event or its impact.

Reported publicly: www.marketwatch.com