Current position
Carl-Henric Svanberg is BP’s chairman. He was appointed a non-executive director of BP on 1 September 2009 and became chairman on 1 January 2010.
Board and Committee activities
He chairs the chairman’s and the nomination committees and attends the Gulf of Mexico and the remuneration committees.
Outside interests
Carl-Henric Svanberg is chairman of AB Volvo.
Career
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 and a member of the Advisory Board of Harvard Kennedy School.
Relevant experience and skills
Carl-Henric Svanberg’s career in international business, latterly as chief executive officer of Ericsson, is particularly relevant to BP globally. During the year, in addition to leading the board, he has contributed to the work of the Gulf of Mexico and the remuneration committees and has chaired the nomination committee. He has focused on succession within the executive team and amongst the non-executive directors. He has developed a well-balanced board that has contributed to BP’s strategy and delivery of shareholder value.