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BP to repurchase $8 billion in shares

LONDON, March 23 (UPI) -- British oil giant BP said it would buy back $8 billion in shares after completing a deal to sell its 50 percent interest in Russian venture TNK-BP.

BP to sell its half of TNK-BP to Rosneft

LONDON, Oct. 22 (UPI) -- British energy giant BP said Monday it would sell its interest in TNK-BP to Russia's conglomerate Rosneft in a cash and shares deal.

TNK-BP bid in the works

LONDON, Oct. 17 (UPI) -- The Russian half of the TNK-BP joint venture agreed to sell its stake in the project to state-owned Rosneft, a British report states.

Russians may have IPO after TNK-BP bid

MOSCOW, Oct. 5 (UPI) -- The Russian side of TNK-BP, a joint venture with BP, said it may have an initial public offering if it buys the British company's stake in the entity.

BP shrugs off Rosneft board rumors

LONDON, Sept. 24 (UPI) -- A spokesman for BP said it was too early to make predictions about the board makeup of Russian oil company Rosneft following corporate talks in Moscow.

BP, Rosneft in talks over TNK-BP

MOSCOW, Sept. 21 (UPI) -- British supermajor BP may take on shares in Russian state oil company Rosneft in a share swap that could involve part of TNK-BP, an authority said.

Shake-up stirs TNK-BP

LONDON, May 30 (UPI) -- Investors said the latest shake-up at the board of Russia's joint venture with BP suggests a breakup could be in the works.
BP chief defends handling of oil spill

BP chief defends handling of oil spill

HOUSTON, April 20 (UPI) -- BP PLC's 80,000 employees will pause for a minute of silence on the first anniversary of the Gulf of Mexico drilling rig explosion that killed 11 workers.

BP: Hayward still in charge

LONDON, June 19 (UPI) -- BP Chief Executive Officer Tony Hayward is still the person in charge of managing the oil spill in the Gulf of Mexico, the company said Saturday.

BP chairman: New man in charge of spill

LONDON, June 18 (UPI) -- Tony Hayward, the controversial BP chief executive, has been removed from his role responding to the Gulf of Mexico oil spill, BP's chairman said Friday.
Gulf oil spill

Gulf oil spill

WASHINGTON, June 17 (UPI) -- A day after a White House meeting, BP officials head again to Capitol Hill to talk about the Gulf of Mexico oil spill.
By United Press International

BP appoints Ericsson's Svanberg as chair

LONDON, June 25 (UPI) -- BP announced Thursday its choice of Carl-Henric Svanberg of Swedish telecommunications giant Ericsson as its next board chairman, replacing Peter Sutherland.

Ericsson lands big Japanese contract

STOCKHOLM, Sweden, March 13 (UPI) -- Japanese mobile operator Emobile has hired Swedish telecom firm Ericsson to supply its new 3G network.

Ericsson completes Marconi purchase

STOCKHOLM, Sweden, Jan. 24 (UPI) -- Ericsson said Tuesday it has completed acquiring all key assets of Marconi's telecommunications business.

Ericsson lands big British contract

STOCKHOLM, Sweden, Dec. 7 (UPI) -- Sweden's Ericsson AB, the world's biggest cell phone network company, won a contract to manage the mobile network of 3, a British company.
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Photos
Carl-Henric Svanberg
Carl-Henric Svanberg , President and CEO LM Ericsson addresses the CTIA convention in New Orleans March 15, 2005. (UPI Photo / A.J. Sisco)
Wiki

Carl-Henric Svanberg (born May 29, 1952) is a Swedish businessman and current Chairman of BP.

Svanberg holds a Master's degree in Applied Physics from the Linköping Institute of Technology and a Bachelor's degree in Business Administration from Uppsala University. Svanberg holds honorary doctorates from Luleå University of Technology and Linköping University.

Svanberg served as CEO of telecom company Ericsson from April 8, 2003 to December 31, 2009. Following his resignation as CEO, he remained on the board of Ericsson and holds 3,234,441 shares in the company.

This article is licensed under the GNU Free Documentation License.
It uses material from the Wikipedia article "Carl-Henric Svanberg."
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