Lamar McKay, who has served as chairman and president of BP plc subsidiary BP America since 2009, will take over as CEO of the Upstream business unit effective Jan. 1. In his new role McKay, who has worked for BP for 32 years, would lead the operator’s combined upstream businesses, which include the exploration, development and production divisions, together with the strategy and integration team. The upstream divisions were created in 2010 following the Macondo deepwater spill in the Gulf of Mexico, which led to a major reorganization designed to improve risk management and global standards. McKay would report to Group CEO Bob Dudley. McKay’s successor has not been announced.

©Copyright 2012Intelligence Press Inc. All rights reserved. The preceding news reportmay not be republished or redistributed, in whole or in part, in anyform, without prior written consent of Intelligence Press, Inc.