Kate Thomson appointed as bp interim chief financial officer | News and insights | Home - BP
Kate Thomson appointed as bp interim chief financial officer | News and insights | Home
Kate Thomson - interim chief financial officer
bp today announced that Kate Thomson has been appointed interim chief financial officer. Her appointment follows the appointment last week of Murray Auchincloss as bp’s interim chief executive officer.
Kate is currently 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 for 19 years, previously holding a number of senior financial roles, including group treasurer and head of group tax.
Murray Auchincloss, bp’s interim chief executive officer said: “Kate’s experience and skills make her ideally suited to take on the role of interim CFO. She brings deep technical knowledge together with a detailed understanding of bp, and has a first-class track record of leadership across our finance function. I look forward to working alongside her as we continue to deliver bp’s strategy”.
Before joining bp in 2004, Kate had worked in professional services firms including with Ernst & Young in M&A tax and as group head of tax for Charter plc. Kate has been a member of the board of Aker BP for the past 7 years and also serves on the boards of a number of bp Group companies. She is a qualified chartered accountant.
Related Knowledge Center: Climate economics
Climate change is now a driver of the world’s economy. The impact is profound:
- Catastrophic weather events — hurricanes, floods, droughts, high temperatures — are more frequent and more extreme. The cost can be measured in both the initial damage caused and the longer-term impact on the economy.
- Vulnerable communities are increasing climate-related investments, hardening infrastructure and taking other protective measures.
- Investment in carbon capture and storage technologies is increasingly rapidly.
- Governments are making investments and crafting regulations to reduce emissions of carbon dioxide and other greenhouse gases.
On top of all of this is the cost of uncertainty. As the Fourth National Climate Assessment, released in 2018 by the U.S. Global Change Research Program, says, “The assumption that current and future climate conditions will resemble the recent past is no longer valid.”