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Paula Rosput Reynolds

Paula Rosput Reynolds - Independent non-executive director

Paula Rosput Reynolds - Independent non-executive director

Independent non-executive director

Tenure: 

Appointed 14 May 2015

 

Board and committee activities:

Chair of the remuneration committee; member of the audit, nomination and chairman’s committees

 

Outside interests:

Non-executive director of BAE Systems Ltd

Non-executive director of TransCanada Corporation

Non-executive director of CBRE Group

 

Age: 

61

 

Nationality: 

American

Career

Paula Rosput Reynolds is the former chairman, president and chief executive officer of Safeco Corporation, a Fortune 500 property and casualty insurance company that was acquired by Liberty Mutual Insurance Group in 2008. She also served as vice chair and chief restructuring officer for American International Group (AIG) for a period after the US government became the financial sponsor from 2008 to 2009.

 

Previously Paula was an executive in the energy industry. She was chairman, president and chief executive officer of AGL Resources Inc., an operator of natural gas infrastructure in the US, now a subsidiary of Southern Company. Prior to this, she led a subsidiary of Duke Energy Corporation that was a merchant operator of electricity generation. She commenced her energy career at PG&E Corp.

 

Paula was awarded the National Association of Corporate Directors (US) Lifetime Achievement Award in 2014.

Relevant skills and experience

 

Paula Rosput Reynolds has had a long career leading global companies in the energy and financial sectors. Her financial background and deep experience of trading makes her ideally suited to serve on the audit committee.

 

Her experience with international and US companies, including several restructuring processes and mergers, gives her insight into strategic and regulatory issues, which is an asset to the board.

 

Paula joined the remuneration committee in 2017. Paula currently serves as the chair of the remuneration committee of BAE Systems Ltd and took the chair of the BP remuneration committee after the 2018 AGM.