BP hires ex-Statoil head

By April 27, 2018Appointments

Helge Lund to replace Carl-Henric Svanberg as chairman from next year.

Energy major BP has hired former Statoil chief executive Helge Lund as its new chairman, officially effective from 1 January 2019, to replace Carl-Henric Svanberg.

Lund will join BP on 1 September as chairman designate and a non-executive director.

He will stand down immediately as a director at oil services group Schlumberger, and is also chairman of the board healthcare company Novo Nordisk in Denmark.

Lund was at Statoil for 10 years until 2014, where he oversaw the Norwegian energy giant’s push into offshore wind during his latter years at the company.

BP’s renewables interests include US onshore wind and a strategic partnership with Lightsource to develop solar power globally.