BP has officially appointed Kate Thomson as its Chief Financial Officer (CFO), and she will assume her role on the company's board with immediate effect. Thomson has been serving as the interim CFO since September 2023 and previously held the position of Senior Vice President Finance for Production & Operations at BP, overseeing global financial stewardship and commercial partnerships.
A veteran of BP since 2004, Thomson has a rich history within the company, having held various senior financial roles, including Group Treasurer and Group Head of Tax. Expressing her gratitude for the appointment, Thomson said, “It's a privilege to become Chief Financial Officer and to join BP's board. We have made great progress in strengthening BP over the past few years, 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 welcomed Thomson to the board, highlighting her comprehensive understanding of both BP and the energy and finance sectors, coupled with her in-depth technical expertise. Lund expressed confidence in Thomson's suitability for the permanent CFO role, noting her exceptional performance during her tenure as interim CFO.
The appointment aligns with BP's ongoing commitment to fortifying its leadership team and achieving strategic objectives for the future. The company is optimistic about Thomson's potential contributions to BP's continued success in navigating the dynamic energy landscape.