BP appoints Svanberg as chairman

BP PLC has appointed Carl-Henric Svanberg, currently chief executive officer of Swedish telecommunications company Ericsson, to succeed Peter Sutherland as chairman of BP, effective Jan. 1, 2010.

By OGJ editors
HOUSTON, June 30
-- BP PLC has appointed Carl-Henric Svanberg, currently chief executive officer of Swedish telecommunications company Ericsson, to succeed Peter Sutherland as chairman of BP, effective Jan. 1, 2010.

Svanberg, who also is chairman of Sony Ericsson and a nonexecutive director of Melker Schorling AB, will join the BP board as chairman-designate and a nonexecutive director on Sept. 1.

He will be based in London.

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