Lord Browne of Madingley
| Edmund John Philip Browne | |
|---|---|
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| Personal details | |
| Born |
20 February 1948 Hamburg, Germany |
| Occupation | Executive Chairman of L1 Energy, Former CEO, BP plc, Past President of the Royal Academy of Engineering, Author, Member of the House of Lords, |
Edmund John Philip Browne, Baron Browne of Madingley, FRS, FREng (born 20 February 1948) is a British businessman.
He is best known for his role as the chief executive of the energy company BP between 1995 and 2007. This period has been described as the company's "golden period of expansion and diversification" though safety and health violations following an investigation of the fatal explosion at BP's Texas City, Texas, plant on 23 March 2005 that killed 15 workers and injured more than 170 others, resulted in fines and awards being given out. Browne was lauded during this period, as he engineered a merger with rival Amoco, and gained access to Russian oil reserves with the creation of TNK-BP. Nicknamed by employees the "Sun King" for his management style, he was also praised for increasing BP's interest in renewable energy sources. He resigned from BP in controversial circumstances after a judge found he had lied in court about the details of a personal relationship (though charges of perjury were never brought).
He is a former President of the Royal Academy of Engineering (2006 to July 2011). Since 2001, he has been a crossbench member of the House of Lords. Lord Browne is a former Partner of Riverstone, which is co-owner of Cuadrilla resources.
Browne was born on 20 February 1948 in Hamburg, Germany. His father was a British Army officer who later worked for Anglo-Persian Oil, which later became British Petroleum. His mother, Paula, was a Hungarian Jewish Auschwitz survivor. Many members of Browne's Jewish maternal family, including his grandparents, were murdered at the Birkenau concentration camp during The Holocaust.
Browne was educated at the King's School, Ely, and St John's College, Cambridge, where he earned a First Class Bachelor's degree in Physics. In addition to his degree in Physics from Cambridge University, he holds an MS in Business from Stanford University, California.
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