Iain Conn Becomes Refining & Marketing Boss as John Manzoni Leaves BP

BP today announced that Iain Conn has been appointed chief executive of the Group’s refining and marketing business with effect from June 1, 2007. He replaces John Manzoni who is leaving BP after 24 years’ service.

Mr Manzoni has agreed with the board that, following a three-month handover period, he will step down as a group managing director and leave BP on August 31, 2007. He intends to take a senior position elsewhere in the industry. Mr Conn’s current responsibilities for functions and regions will be shared with other executive colleagues.

Commenting on the changes, BP chairman Peter Sutherland said: “John Manzoni has shown the most immense commitment and dedication to the company. The BP board extends its thanks for his long and loyal service and wishes him every success in the next phase of his career.”