Byron Grote
Encyclopedia
Byron E. Grote is currently an Executive Member
of BP
. He has been with the company since 1987 following their acquisition of Standard Oil of Ohio
where he had worked since 1979. He took the position of Executive member in 2002.
He received an M.S. (1967) and Ph.D (1981) in Quantitative Analysis from Cornell University
, both from Cornell's
S.C. Johnson Graduate School of Management
.
Grote's annual salary from BP is $1,340,000. In 2008 his bonus from BP was $1,742,000.
in 1979. He had management responsibilities in international oil supply planning, logistics and crude oil trading.
In 1985, he was made director of planning for Kennecott
, the mining subsidiary of Standard Oil. In 1986 he was appointed vice-president of retail sales.
After BP acquired the Standard Oil minority, he was appointed in 1988 as commercial-vice president for the company's Alaskan production activities. He moved to London soon after to become commercial general manager for BP Exploration.
In 1992 he became group treasurer and chief executive officer of BP Finance, before moving to Colombia
as regional chief executive. In 1995 he returned to London to become deputy chief executive officer of BP Exploration.
In 1999, after the merger of BP and Amoco, he was executive vice-president for Exploration and Production.
In 2002 he was appointed to the post of chief officer
for BP.
Senior management
Senior management, executive management, or management team is generally a team of individuals at the highest level of organizational management who have the day-to-day responsibilities of managing a company or corporation, they hold specific executive powers conferred onto them with and by...
of BP
BP
BP p.l.c. is a global oil and gas company headquartered in London, United Kingdom. It is the third-largest energy company and fourth-largest company in the world measured by revenues and one of the six oil and gas "supermajors"...
. He has been with the company since 1987 following their acquisition of Standard Oil of Ohio
Standard Oil of Ohio
Standard Oil of Ohio or Sohio was an American oil company that was acquired by British Petroleum, now called BP.It was one of the successor companies to Standard Oil after the antitrust breakup in 1911. Standard Oil of Ohio was the original Standard Oil company founded by John D. Rockefeller. It...
where he had worked since 1979. He took the position of Executive member in 2002.
He received an M.S. (1967) and Ph.D (1981) in Quantitative Analysis from Cornell University
Cornell University
Cornell University is an Ivy League university located in Ithaca, New York, United States. It is a private land-grant university, receiving annual funding from the State of New York for certain educational missions...
, both from Cornell's
S.C. Johnson Graduate School of Management
S.C. Johnson Graduate School of Management
The Samuel Curtis Johnson Graduate School of Management is the graduate business school of Cornell University, a private Ivy League university located in Ithaca, New York. It was founded in 1946 and renamed in 1984 after Samuel Curtis Johnson, founder of S.C...
.
Grote's annual salary from BP is $1,340,000. In 2008 his bonus from BP was $1,742,000.
Career
Grote joined Standard Oil of OhioStandard Oil of Ohio
Standard Oil of Ohio or Sohio was an American oil company that was acquired by British Petroleum, now called BP.It was one of the successor companies to Standard Oil after the antitrust breakup in 1911. Standard Oil of Ohio was the original Standard Oil company founded by John D. Rockefeller. It...
in 1979. He had management responsibilities in international oil supply planning, logistics and crude oil trading.
In 1985, he was made director of planning for Kennecott
Kennecott Utah Copper
Kennecott Utah Copper Corporation , a division of Rio Tinto Group, is a mining, smelting, and refining company. Its corporate headquarters are located in South Jordan, Utah, USA. Kennecott operates one of the largest open-pit copper mines in the world in Bingham Canyon, Salt Lake County, Utah. ...
, the mining subsidiary of Standard Oil. In 1986 he was appointed vice-president of retail sales.
After BP acquired the Standard Oil minority, he was appointed in 1988 as commercial-vice president for the company's Alaskan production activities. He moved to London soon after to become commercial general manager for BP Exploration.
In 1992 he became group treasurer and chief executive officer of BP Finance, before moving to Colombia
Colombia
Colombia, officially the Republic of Colombia , is a unitary constitutional republic comprising thirty-two departments. The country is located in northwestern South America, bordered to the east by Venezuela and Brazil; to the south by Ecuador and Peru; to the north by the Caribbean Sea; to the...
as regional chief executive. In 1995 he returned to London to become deputy chief executive officer of BP Exploration.
In 1999, after the merger of BP and Amoco, he was executive vice-president for Exploration and Production.
In 2002 he was appointed to the post of chief officer
Chief officer
A chief officer can refer to any of various leaders:In the military, it can refer to certain non-commissioned members:*Chief Petty Officer*Chief Warrant OfficerMarine occupation:*Chief Mate...
for BP.