Murray Auchincloss

Murray Michael Auchincloss (born c. 1971) is a Canadian business executive and has been chief executive of BP since 17 January 2024.

Murray Auchincloss
Nationality	Canada
Occupation	Business executive
Title	Group CEO, BP
Term	January 2024–present
Predecessor	Bernard Looney

Education

Auchincloss earned BCom degree in finance from the University of Calgary.^[1]

Career

Auchincloss qualified as a chartered financial analyst in the United States. From July 2020 to September 2023, he was the chief financial officer of BP.^[1] He is a director of Aker BP ASA, a main committee member of The 100 Group, and a member of the European Round Table for CFOs.^[1][2]

In September 2023, he was appointed interim chief executive of BP, following the sudden resignation of Bernard Looney due to failing to reveal relationships with colleagues.^[3] Auchincloss was also reported by The Times to be in a relationship with a colleague. A spokeswoman for BP said that the relationship did not represent a breach of BP’s code of conduct and had been "fully and appropriately disclosed" to the group.^[4]

Auchincloss is one of the highest paid executives in the UK. His 2023 pay packet stood at £8 million ($10 million).^[5] His pay for 2023 included a salary of £1.02 million, a bonus of £1.8 million and share-based rewards worth £4.6 million, as well as other benefits.^[6] On February 26, 2025, Auchincloss announced a strategic shift to scale back its renewable energy investments and prioritize oil and gas production, aiming to increase annual fossil fuel investments by 20 per cent to $10 billion while cutting renewables funding by over $5 billion.^[7] This decision, driven by pressure from shareholders like Elliot Management for higher profits, drew sharp criticism from environmental groups. Notably, Global Witness, an environmental advocacy organization, drove a lorry through central London displaying messages condemning BP’s move.^[8]