Tenure: Appointed to the board 1 September 2009 (4 years)
Board and committee activities:
Chairman of the chairman’s committee
Chairman of the nomination committee
Attends the safety, ethics and environment assurance committee
Attends the Gulf of Mexico committee
Attends the remuneration committee
Chairman of AB Volvo
Carl-Henric Svanberg became chairman of the BP board on 1 January 2010.
He spent his early career at Asea Brown Boveri and the Securitas Group, before moving to the Assa Abloy Group as president and chief executive officer.
From 2003 until 31 December 2009, when he left to join BP, he was president and chief executive officer of Ericsson, also serving as the chairman of Sony Ericsson Mobile Communications AB. He was a non-executive director of Ericsson between 2009 and 2012. He was appointed chairman and a member of the board of AB Volvo on 4 April 2012.
He is a member of the External Advisory Board of the Earth Institute at Columbia University, a member of the Advisory Board of Harvard Kennedy School and on the Leadership Council of the United Nations Sustainable Development Solutions Network. He is also the recipient of the King of Sweden’s medal for his contribution to Swedish industry.
Relevant experience and skills
Carl-Henric Svanberg’s career in global business, latterly as chief executive officer of Ericsson, is particularly relevant to BP as has been demonstrated during his tenure as chairman. In leading the board, he has focused on the development of the group’s strategy and its communication to shareholders. He has also concentrated on the work of the nomination committee in endeavouring to ensure that the board has a strong list of candidates to secure its stewardship of the company.
Carl-Henric Svanberg’s performance during the year has been evaluated by the chairman’s committee, led by Antony Burgmans.