BP needs a chairman
Published: June 25 2008 09:41 | Last updated: June 25 2008 20:23
Situation (still) vacant: Two or three days a week. Salary half a million quid a year. Must be willing to travel. Knighthood optional. Background in natural resources helpful. Experience of sticky situations in, say, Moscow a distinct advantage.
Peter Sutherlands well-telegraphed departure from the chairmanship of BP, effective next March, has opened a market in speculation as to his successor. Anna Mann, the doyenne of executive search, has a shortlist of external candidates in single figures, but needs to get this one right. A solution to the stand-off at TNK-BP, the companys Russian joint venture, depends on it.
BPs 14-strong board including chief executive Tony Hayward and three other executives is not stuffed with combustible characters. The candidate must prove his worth outside the confines of the St Jamess Square head office. He must be an A-grade schmoozer, at ease in the company of presidents. And he should not have too much on his plate. Mr Sutherland spread himself thin in his 11-year reign.
That might count against one strong contender on paper, Sir John Parker, who is juggling the chairmanship of the National Grid with numerous other commitments. Other possibles with more time on their hands are Chip Goodyear, ex-chief executive of BHP Billiton, and Rio Tinto chairman Paul Skinner, but each has drawbacks. Mr Skinner, 63, may not relish a job with an expected term of six to nine years, and is too imbued with the Shell culture, in which he marinated for more than four decades. Mr Goodyear, 50, has never chaired a board and may be a threat to Mr Hayward, 51.
The chairmanship of Britains second-largest company should represent the pinnacle of a career. But the role needs to be sold aggressively; while Russia is unresolved, it seems to offer more downside than upside. Two years into her search, Ms Mann may need to cast the net wider.
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EDITORS CHOICE
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BP chief asks Russia to respect rule of law – Jun-05
Copyright The Financial Times Limited 2008
Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.
IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS: 
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A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
