BP plc (ADR)(NYSE:BP) hires former MI6 Chief John Sawers

BP plc (ADR) (NYSE:BP) had employed UK’s former Chief of the Secret Intelligence Service known as MI6, John Sawers.

Sawer has been given a position as a nonexecutive director of the giant oil firm, according to an announcement made by the company on Thursday. Sawer had a high rank in his previous job where he worked as the head of the MI6 division. He held the position from 2009 to 2014. During his service in this period, David Cameron and Gordon Brown took their turns in the prime minister’s position.

During his leadership in the MI6, he also saw politics intertwines with oil production matters, especially as a result of the influence of politics in unstable regions with rich oil reserves. The oil reserves have thus resulted in the oil company’s interest in these regions. It is thus evident why the oil company selected Sawers to hold the position.

One of BP’s spokespersons said that diplomatic skills have always been one of the highest regarded skills in such resources. The company therefore highly regards the skills that Sawers has accumulated during his position at MI6. He was, therefore, the ideal person to handle the job.

Sawers’ experience is not just limited to his leadership post at the MI6. He has been working with the British Government for 36 years. His well-polished curriculum vitae includes ambassadorial positions in the UN as well as Cairo. He has also acted as a political director in Iraq, foreign policy advisor to the prime minister and he also held down a special representative position in Iraq at one point.

BP plc (ADR)(NYSE:BP) has not listed out any information about Sawers’ salary package in his new position. Regardless, one of the annual reports from BP registers that nonexecutive directors earn annual benefits and payments in excess of £150,000.

His previous experience in other posts, particularly in the MI6, has been great opportunities to prepare him for his new job. In fact having been the head of MI6, his skills are in high demand.

About the Author

Michael joined US Markets Daily in 2009 and is a national news reporter focusing on economic issues, data analysis and the financial health of state and local governments.

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