Thursday, April 02, 2009

Sir Tom McKillop - "damaged goods" resigns as BP NED


Ex AZ CEO Sir Tom McKillop, the former chairman of Royal Bank of Scotland (RBS), yesterday quit the board of BP, the oil giant.

Sir Tom, who chaired RBS in the three years leading up to its collapse, told BP that he wanted to retire and would not stand for re-election. He served on BP's remuneration committee, earning £95,000 last year.

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