Event Recap

Managing Energy Insecurity

John Browne (BP plc)

Details

February 23, 2005

Event Summary

Summary

The Institute hosted a luncheon meeting February 23,2005 in honor of Lord John Browne, Group Chief Executive of BP plc. Lord Browne spoke on the topic of "Managing Energy Insecurity."

Lord Browne is widely regarded as one of the most innovative leaders in the energy industry. His merger agreements with Amoco, Arco, and Castrol in the late 1990s made BP both the largest producer of oil and gas in the United States and the largest non-US company quoted on the New York Stock Exchange, and triggered a wave of consolidation throughout the industry. He has also adopted creative approaches to climate change and other environmental issues, breaking ranks with some others in the industry on these topics. Lord Browne has been at BP since 1966 and in his present position since 1995, and he became a member of the House of Lords in 2001. He is Chairman of the International Advisory Board of the School of Economics and Management at Tsinghua University and Emeritus Chairman of the Advisory Board of the Stanford Graduate School of Business.