I have some sympathy for Skinner on this score. He is an honourable chairman of the old school and will stay at Rio to see this issue through, although losing the chairmanship of BP will be a personal blow as he also missed out on the chairmanship of Shell, where he spent much of his career.
Paul Skinner
Investors and boards on the brink of war
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Rio boss tipped for BP post in executive shuffle
- The Guardian, Thursday 15 January 2009
Jim Leng, a former senior executive with the steelmaker Corus, is to succeed former Shell executive Paul Skinner as chairman of the mining group Rio Tinto. Skinner is to step down in April at Rio’s annual meeting, but there is now speculation that he will be announced – perhaps as early as next month – as a successor to BP‘s chairman Peter Sutherland, who steps down this summer. BP insiders insist no decision has been taken on who will replace Sutherland, who is a former European competition commissioner, but they admit that Skinner’s energy experience would make him a good choice.
BP free to move for former Shell Executive Paul Skinner
Such is fate, however, that being passed over in favour of Sir Philip Watts could well turn out to be the best thing that has ever happened to him. While Watts subsequently became engulfed in the scandal over Shell's misreporting of its reserves, Skinner went on to Rio Tinto.
Finance officer Peter Voser takes command at Royal Dutch Shell
The Anglo-Dutch group said that the appointment of Mr Voser came after a review of both internal and external candidates. He saw off two other Shell candidates: Linda Cook, the American head of Shell's Gas and Power business, and Malcolm Brinded, the British head of exploration and production.
Swapping sides would mark a historic step
With 40 years of experience in the oil business, Paul Skinner, Rio Tintoschairman, is an obvious candidate to step into the chairmans shoes at BP. However, his appointment would mark a historic step a career Royal Dutch Shell executive being appointed as the head of its greatest domestic competitor.
BP favours Rio Tinto’s Skinner as chairman
Paul Skinner, the chairman of Rio Tinto, has been chosen as the favoured candidate to take over the chairmanship of BP when Peter Sutherland steps down next year.
BP edges closer to new chairman
Skinner, a former executive at Shell, has been chairman of Rio since 2003 and is expected to step down next year regardless of the BP job and the outcome of the BHP bid. He was unavailable for comment last night. BP, which reports third-quarter results this week, declined to comment
Odds narrow on BP chairman
Rio Tinto chairman Paul Skinner has stretched into the lead as a rumoured candidate for the BP chairman's job, as the head hunters narrow their lists before the 2009 handover by Peter Sutherland .
BP needs a chairman
Other possibilties... Rio Tinto chairman Paul Skinner... Mr Skinner, 63, may not relish a job with an expected term of six to nine years, and is too imbued with the Shell culture, in which he marinated for more than four decades.
BP chairman’s last challenge
The new chairman is more likely to be someone with an oil industry background. One highly eligible candidate would be Paul Skinner , chairman of Rio Tinto. He knows the oil business inside out, having had a 40-year career at Shell, and is widely admired for his record at Rio.
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