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Bob Dudley, CEO of BP: Salary, Net Worth And Family Life

By Staff Writer | On: 12 Dec, 2019
Bob Dudley, CEO of BP: Salary, Net Worth And Family Life

American businessman Bob Dudley, also known as Robert Dudley, is an American business mogul, whose fantastic leadership and farsighted vision have led the BP company at its peak today. He has contributed to the company for 40 years, and now he serves as a group chief executive of BP.

Besides, he is also a chairman of the Oil and Gas Community of the World Economic Forum; and Oil and Gas Climate Initiative (OGCI). He has been serving at OGCI since 2016 and BP since 1999 after it merged with Amoco Corporation.

Prior to BP, Bob was a worker at engineering and commercial posts at Amoco corporation 1979.

Bob Dudley’s Wiki, Family

The leader and the CEO of BP, Bob, was born on 11 September 1955 in Queens, New York, USA. Not much is known about this genius’s early life and family; however, his father was a naval officer.

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The Energy Intelligence Group has interpreted him as an MBA graduate from Southern Methodist University and a bachelor graduate from the University of Illinois majoring in Chemical engineering.

Career

Bob has spent most of his time in the oil and gas industry. He had started his career with an Amoco corporation in 1979 as a worker at engineering and commercial posts. Later in 1997, he was honored with the position of general manager for strategy at Amoco.

During his time from 1999 to 2000, he served as an executive assistant and the group chief executive after Amoco merged with BP. After three years in BP, he got the position of vice president for BP’s upstream businesses in Russia, Angola, Algeria, the Caspian region, and Egypt. 

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Gradually, Bob was getting better positions at the company. He also served the position of chief executive officer of TNK-BP from 2003 to 2008.

Finally, on 1 October 2010, he was announced as the president and group chief executive officer of BP’s Gulf Coast Restoration Organization in the US. Also, he got appointed as a director of Rosneft in March 2013 and as the chairman of OGCI in 2016. 

CEO of BP: Salary, Net Worth 

The executive director of BP Plc and the Group CEO Bob Dudley, is expected to earn the total salary of about GBX 14,666,000. However, he won’t be enjoying the same fortune throughout the year in the future as he has retired for the BP board in 2019, at the age of 64. He will have an official leave on 31 March 2020.

After the retirement of Bob, BP insider Bernard Looney will be overtaking Bob’s position in February 2020. 

Bob Dudley (right) is heading towards retirement from the CEO of BP, and Bernard Looney will be overtaking his position in February 2020. (Photo: upi.com)

Thankfully, Bob won’t be leaving the Oil Giant BP empty hand. According to Bbc.com, he will be honored with £40 million in shares by the BP, where he has served for more than 40 years.

Bob Dudley’s Wife, Children

Bob Dudley is married to his school sweetheart, Mary, and also shares two children.

Although the details of his wife and children are low-key, the president of the Thunderschool of Global Management, Angel Cabrera, said that the CEO of BP and his wife were renowned as thundercouple at their school back in the late 1970s. 

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Dudley had studied international business at the Thunderschool of Global Management.

Marriage Facts- Bob and his wife Mary had been married for 30 years, as confirmed by BBC in February 2019.