BP safety report did not impact retirement - Browne
16 January 2007 18:58 [Source: ICIS news]
HOUSTON (ICIS news)--BP chief executive John Browne said on Tuesday his decision to move up his retirement by 18 months was not linked to the release of a report that criticised the company’s upper management safety focus.
BP on Friday announced that Browne would step down at the end of July. BP head of exploration and production Tony Hayward will take over the helm of the oil giant.
On Tuesday, a safety review panel issued a report faulting BP’s top management for its inadequate policies on process safety. The report stemmed from the
“This report had nothing to do with moving up my retirement date,” said Browne, speaking to reporters via a telecast. “I concluded in December that I should retire sooner, rather than later.”
Browne said that a prolonged handover would only cause uncertainty for the company.
Browne said the company’s top leadership understood the need to make changes to its safety culture.
“BP gets it,” he said. “And I get it too.”
“This happened on my watch and as chief executive I have a responsibility to learn from what has occurred.”
“I recognise the need for improvements that my successor, Tony Hayward, and I need to take a lead in putting that right by championing constant safety as a foundation of BP’s operations.”
By: Joseph Lohan
+1 713 525 2653
< previous article(VIDEO - ICIS news Europe Lunchtime Bulletin 27 October 2009)
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
Links posted in this story:
|
|
Related Articles
- 04 May 07 02:22 Former BP chief may still testify in blast case
- 02 May 07 16:49 INSIGHT: BP living with Browne's legacy
- 01 May 07 16:52 Lord Browne resigns from BP over court hearing
- 25 Jan 07 19:49 Release at Texas DuPont site shuts in residents
- 17 Jan 07 17:05 INSIGHT: Baker panel highlights safety culture
- 16 Jan 07 23:49 BP's Browne bears responsibility - safety panel
- 16 Jan 07 21:31 No proof BP sacrificed safety to cut costs - panel
- 12 Jan 07 17:44 Hayward to replace John Browne as BP CEO
- 16 Jan 07 10:17 BP to be accused of safety failings in the US
- 12 Jan 07 22:56 Panel reviewing BP safety culture set to report
- 31 Oct 06 21:47 BP disagrees with some US safety board findings
- 31 Oct 06 17:57 BP review could have prevented blast - US agency
- 31 Oct 06 15:53 US board warns refiners on venting
- 30 Oct 06 16:55 US says BP knew of Texas City refinery dangers
Latest News
- 20 Nov 09 23:59 Europe Q4 acetic acid settles up at €470-550/tonne
- 20 Nov 09 23:17 EVENING SNAPSHOT - Americas Markets Summary
- 20 Nov 09 22:08 Jan-Oct Argentina chem production rises 11.6% year over year
- 20 Nov 09 21:33 Lyondell can cancel some executive benefits - US court
- 20 Nov 09 21:28 Russia petchems to grow on proximity to China
Barbara Ortner looks at the off-beat and unusual side of chemical industry life.
ICIS Chemicals Confidential