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Brian Gilvary

Brian Gilvary - Chief financial officer

Brian Gilvary - Chief financial officer

Chief financial officer

Tenure:

Appointed 1 January 2012

 

Outside interests:

Non-executive director and member of audit committee of L’Air Liquide
Non-executive director and vice chair of audit committee of the Navy Board
Chairman of The 100 Group
Member of Trilateral Commission
Visiting professor at Manchester University
Great Britain Age Group triathlete

 

Age:

56


Nationality:

British

 

Career

Brian Gilvary was appointed chief financial officer on 1 January 2012. The role includes responsibility for finance, tax, treasury, mergers and acquisitions, investor relations, audit, global business services, information technology and procurement. He also has accountability for both integrated supply and trading, and the shipping division responsible for BP’s tanker fleet.

 

Brian joined BP in 1986 after obtaining a PhD in mathematics from the University of Manchester. Following a broad range of roles in upstream, downstream and trading in Europe and the US, he became downstream’s commercial director from 2002 to 2005. From 2005 until 2009 he was chief executive of the integrated supply and trading function, BP’s commodity trading arm. In 2010 he was appointed deputy group chief financial officer with responsibility for the finance function.

 

He was a director of TNK-BP over two periods, from 2003 to 2005 and from 2010 until the sale of the business and BP’s acquisition of Rosneft equity in 2013. He served on the HM Treasury Financial Management Review Board from 2014 to 2017.

 

Relevant skills and experience

 

Brian Gilvary has spent his entire career with BP, with broad experience of working across all facets of the group. This has provided him with deep insight into BP’s assets and businesses. Brian has been a key player as BP has implemented its strategy to transform into a ‘value over volume’ based business where trading is a key creator of value throughout the integrated business.

 

In addition to underpinning his role as Chief Financial Officer, his deep understanding of finance and trading has been vital in adjusting capital structures and operational costs while ensuring the group continues to be capable of meeting new opportunities.

 

He played a major role in overseeing the financial consequences of the 2010 accident in the Gulf of Mexico, and leading the 2015 settlement negotiations with the Government and States to resolve the outstanding liabilities. Brian also played a lead role in the negotiations around the exit of TNK-BP and investment into Rosneft and led the recent acquisition of the BHP onshore Lower 48 assets.  Brian has also been at the center of the group’s work on addressing cyber risk.

 

Brian Gilvary’s performance has been evaluated by the group chief executive and considered by the chairman’s committee.

Read Brian Gilvary's recent speeches

  • 5 November 2018 BP: Investing in a cleaner, better energy future
    Brian Gilvary, chief financial officer, JP Morgan Global Oil & Gas Investor Conference, London, 5 November 2018: BP’s chief financial officer outlines the trends shaping the energy transition and discusses how the dual challenge of meeting growing demand for energy while lowering emissions is reflected in BP’s strategy and investor proposition.
  • 14 June 2018 The energy transition
    Brian Gilvary, chief financial officer, FT Energy Transition Summit, London, 14 June 2018: Brian Gilvary shares the latest trends shaping the energy transition and talks about the steps needed to meet growing demand for energy while lowering emissions.
  • 1 May 2018 Brian Gilvary in conversation with Bloomberg and CNBC
    Brian Gilvary, chief financial officer. Bloomberg and CNBC, London.