Draft:Brian Gilvary
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Dr Brian Gilvary | |
|---|---|
| Born | 1962 (age 63–64) Liverpool, England[1] |
| Citizenship | British[2] |
| Alma mater | [[University of Manchester],[University of Sheffield]][3] |
| Occupation | Business executive |
| Years active | 1986–present |
| Employer | INEOS Energy |
| Title | Executive chairman, INEOS Energy[4] |
Board member of |
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Brian Gilvary (born 1962) is a British business executive who has held senior roles in the energy and financial sectors. He served as chief financial officer (CFO) of BP from 2012 to 2020 and later became executive chairman of INEOS Energy, part of the petrochemicals group INEOS.[5][4]
He holds a number of non-executive and charitable positions, including senior independent director of Barclays and the Francis Crick Institute,[6] non-executive director of the Ministry of Defence (UK) board and chair of the Royal Navy and Royal Marines Charity.[3][7][8]
Early life and education
[edit]Gilvary was born in February 1962 in the United Kingdom.[2] He grew up in Liverpool and attended a state comprehensive school.[1] He studied mathematics at the University of Sheffield, graduating with a Bachelor of Science degree, before undertaking postgraduate study in mathematics at the University of Manchester, where he completed both a master's degree and doctoral-level research.[3] In 2019 he was awarded an honorary Doctor of Science (DSc) degree by the University of Sheffield in recognition of his contribution to the energy industry and business leadership.[9][failed verification]
Career
[edit]BP (1986–2020)
[edit]Gilvary joined BP in 1986 after completing his studies in mathematics.[10] Over more than three decades with the company, he held a series of commercial and financial roles in BP's upstream, downstream and trading businesses, including positions in commodity trading and refining and marketing.[4]
He became chief executive of BP's integrated supply and trading function in 2005 and was appointed deputy group CFO and head of finance in 2010.[10] On 1 January 2012 he joined the BP board as CFO, a role he held until his retirement from the company in June 2020.[5][11]
As CFO, Gilvary was responsible for BP's financial strategy, capital allocation and balance-sheet management in the period following the Deepwater Horizon incident and during a period of significant volatility in global energy markets.[5]
As Chief Financial Officer at BP, Gilvary played a significant role in negotiating and communicating the financial resolution of claims arising from the 2010 Deepwater Horizon oil spill. In July 2015 he announced a comprehensive settlement of federal, state and local government claims, stating that "the negotiations were carried out with the goal of reaching a collective solution."[12] Gilvary had earlier commented, during the 2012 civil settlements process, that the company was "prepared to settle ... but equally prepared to go to court."[13]
During this time, he was also chair of the FTSE 100 Group of Finance Directors (the "100 Group") from 2018 to 2020.[3]
INEOS Energy
[edit]In December 2020 INEOS announced the creation of INEOS Energy, with Gilvary appointed as executive chairman.[4] The business was established as a division focusing on oil and gas and the energy transition within the wider INEOS Group.[4]
As chair, Gilvary has commented on energy investment, energy security and the impact of regulatory and fiscal policy on long-term investment in new projects, including carbon capture, utilisation and storage (CCUS) initiatives.[14][15] He has described INEOS Energy's approach in interviews and investor-focused forums, highlighting the need to balance affordability, reliability and sustainability in energy supply.[16]
Other business roles
[edit]Gilvary has held a number of non-executive and advisory positions alongside his executive roles. He was a non-executive director of Air Liquide from 2016 to 2021.[3][11]
In January 2020 Barclays plc announced his appointment as a non-executive director, with effect from 1 February 2020.[10][17] He later became senior independent director on the Barclays board.[7]
According to his UK government biography, Gilvary serves on the Defence Board and is also the senior independent director of the Francis Crick Institute and has served on boards and advisory bodies including the UK Treasury Financial Management Review Board (2014–2017) and various Business in the Community leadership teams.[3]
Public service and charity
[edit]Gilvary has been involved in defence-related governance and naval charities. He served as a non-executive director of the Navy Board from 2017 to 2023.[3] The Navy Board is the body responsible for the day-to-day running of the Royal Navy within the UK Ministry of Defence.[citation needed]
He became a trustee of the Royal Navy and Royal Marines Charity (RNRMC) in April 2020 and was announced as its next chair in 2021, succeeding Sir Bill Thomas when his term ended in July 2021.[2][1][18] As chair, he oversees the charity's strategy in supporting serving personnel, veterans and their families.[citation needed]
Gilvary is also a member of the Trilateral Commission, an international non-governmental discussion forum, and has been involved in wider public policy and industry groups concerned with financial management and the energy transition.[3][19]
Views on energy and industry
[edit]Through his roles at BP and INEOS, Gilvary has commented on topics such as energy security, investment conditions in the UK and Europe, and the role of natural gas and CCS in the energy transition.[15][16] He has argued that long-term, stable policy and fiscal regimes are important for attracting investment into new energy projects, and that energy systems need to balance affordability with emissions reduction and security of supply.[14]
Career honours
[edit]Personal life
[edit]Articles and interviews describe Gilvary as maintaining an interest in sport, particularly triathlon. He has represented Great Britain in age-group competitions at ITU Triathlon World Championships.[1] He has also spoken publicly to school-age audiences about career choices and skills development, including through outreach and careers initiatives associated with INEOS and educational charities.[21]
Gilvary is based in Jersey, according to public company records.[2]
See also
[edit]References
[edit]- 1 2 3 4 "Royal Navy and Royal Marines Charity appoints new Chairman". Cobseo. Confederation of Service Charities. 26 March 2021. Retrieved 13 November 2025.
- 1 2 3 4 "Brian GILVARY personal appointments". Companies House. UK Government. Retrieved 13 November 2025.
- 1 2 3 4 5 6 7 8 9 "Dr Brian Gilvary". GOV.UK. UK Government. Retrieved 13 November 2025.
- 1 2 3 4 5 "Brian Gilvary to chair new INEOS Energy venture". INEOS. 16 December 2020. Retrieved 13 November 2025.
- 1 2 3 "BP chief financial officer Brian Gilvary to retire and be succeeded by Murray Auchincloss". BP.com. BP plc. 21 January 2020. Retrieved 13 November 2025.
- ↑ "Francis Crick Institute". The Francis Crick Institute. Retrieved 16 November 2025.
- 1 2 "Brian Gilvary". Barclays. Barclays plc. Retrieved 13 November 2025.
- ↑ "Brian Gilvary". The Francis Crick Institute. 10 September 2025. Retrieved 13 November 2025.
- ↑ "Honorary graduates". University of Sheffield. Retrieved 8 December 2025.
- 1 2 3 "Barclays appoints Dr. Brian Gilvary as non-exec director". FinanceFeeds. 22 January 2020. Retrieved 13 November 2025.
- 1 2 "Brian Gilvary – Director". Air Liquide – Invitation to our General Meeting 2020. Air Liquide. 2020. Retrieved 13 November 2025.
- ↑ "BP to settle federal, state and local Deepwater Horizon claims". BP plc. 2 July 2015. Retrieved 17 November 2025.
- ↑ "BP woes remain after $7.8bn settlement". Global Legal Post. 5 March 2012. Retrieved 17 November 2025.
- 1 2 Duff, Ryan (9 September 2025). "Ineos Energy calls it quits on UK investment". Energy Voice. Retrieved 13 November 2025.
- 1 2 "Energy investment worldview". INCH Magazine. INEOS. 2024. Retrieved 13 November 2025.
- 1 2 3 "Investor Insight Ep7: Brian Gilvary". Energy Council. Retrieved 13 November 2025.
- ↑ "Appointment of Non-Executive Director – Dr Brian Gilvary" (PDF). Barclays plc. 22 January 2020. Retrieved 13 November 2025.
- ↑ "Trustees". Royal Navy and Royal Marines Charity. Retrieved 13 November 2025.
- ↑ "European Membership List – Trilateral Commission" (PDF). Trilateral Commission. 4 March 2022. Retrieved 13 November 2025.
- ↑ "Air Liquide – Invitation to Our General Meeting 2021". Air Liquide. Retrieved 17 November 2025.
- ↑ "Brian Gilvary, Chairman, INEOS Energy". Futures For All. Retrieved 13 November 2025.
Category:1962 births Category:Living people Category:British businesspeople Category:British chief financial officers Category:BP people Category:Alumni of the University of Manchester Category:People from Liverpool
Category:1962 births Category:Directors of BP Category:Living people Category:BP people