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(Adds details on move, background)
Jan 21 (Reuters) - Oil major BP Plc said on Tuesday
its finance chief Brian Gilvary will be retiring after eight
years in the role, with the announcement coming just two weeks
before Bernard Looney takes over as chief executive officer.
Murray Auchincloss, who is currently chief financial officer
of BP's upstream division, will become BP's chief financial
officer on July 1, the company said.
Gilvary, who oversaw BP's recovery following the 2010 deadly
Gulf of Mexico spill which has cost the company more than $65
billion in fines and clean up costs, will step down from the
board on June 30.
Looney, who will replace Bob Dudley as chief executive of BP
in February, faces the tricky task of navigating the energy
major through a rising tide of environmentalism and the move to
a low-carbon economy.
"I have worked side-by-side with Murray for many years and
have the utmost confidence in his ability to step into this
critical role," Looney said in a statement.
(Reporting by Yadarisa Shabong in Bengaluru; Editing by Bernard
Orr)
