bp expands board with oil veteran David Hager

LONDON - BP p.l.c. (NYSE:BP) announced today the appointment of David Hager as a non-executive director to its board, effective June 2, 2025. The addition of Hager, a seasoned professional with over four decades of experience in the oil and gas industry, is expected to bring valuable strategic and operational insights to the company.

Helge Lund, chair of bp, expressed his enthusiasm for Hager’s arrival, citing his extensive knowledge of the US upstream oil and gas sector and his proven track record in driving operational results and capital efficiency. Hager’s industry tenure includes leadership roles at Devon Energy (NYSE:DVN), where he served as executive chair from 2021 to 2023, president and CEO from 2015 to 2021, and executive vice president of exploration and production starting in 2009. His career began in 1979 as a geophysicist.

Additionally, Hager currently holds a position as a non-executive director at MRC Global (NYSE:MRC) Inc., a US-listed infrastructure company. bp confirmed that there are no further disclosures required under the UK Listing Rules in relation to Hager’s appointment.

In related news, Ian Tyler, who joined bp’s board as a non-executive director on April 1, 2025, and became chair of the remuneration committee on April 17, 2025, has also been appointed to the audit committee as of June 2, 2025. Furthermore, Satish Pai has been nominated to take over as chair of the safety & sustainability committee, succeeding Melody Meyer, who is set to retire at the 2026 annual general meeting after a nine-year term. The effective date for Pai’s appointment will be announced separately.

These board changes come as part of bp’s ongoing efforts to strengthen its governance and oversight capabilities. The information regarding these appointments is based on a press release statement provided by bp.

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