BP America Promotes New President, Chairman

HOUSTON -- Robert A. Malone was promoted to the position of chairman and president of BP America, Inc. In this position, he will serve as chief representative in the U.S.

"He brings broad experience to his new position and a proven record of success in the companies he has led," John Browne, CEO of BP said in a written statement.

Malone comes to this position from BP Shipping Limited, where he was a chief executive. There he was responsible for the operation of the energy industry's largest oil and natural gas fleet. During his time there, BP Shipping received 48 new double-hull tankers, the company reported.

He will work in Houston, home to 7,000 BP employees, where the company bases its oil and gas production; refining; chemicals; supply and trading; pipeline; shipping and alternative energy operations.

Additionally, Malone is a member of the Executive Committee of Oil Companies International Marine Forum and a board member of the UK Chamber of Shipping. He has also served on boards for the California Climate Action Registry, the National Petroleum Council and the Board of Regents for the University of Alaska system.

Before joining BP, Malone served in executive positions for Kennecott Copper Corp. and the Standard Oil Company of Ohio. He also was president, CEO and COO of Alyeska Pipeline Service Co., the operator of the Trans Alaska Oil Pipeline.
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