BP announced that Douglas Flint, who currently chairs the Board’s Audit Committee, will be standing down at the Company's next Annual General Meeting in April 2011. This follows Mr. Flint’s appointment as Chairman of HSBC p.l.c. which takes effect in December 2010.
BP Chairman, Carl-Henric Svanberg said, "We wish Douglas well in his new role. He has been a great member of the Board and an excellent Chair of the Audit Committee. We will miss him when he stands down next year. Douglas' departure gives added momentum to our task of refreshing Board membership."
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