Head of Castrol leaves after 20 years in the business
Mike Johnson, who spent 20 years working for BP and Castrol, is stepping down from his role as CEO of Castrol and senior executive vice president, BP Lubricants.
His successor Paul Waterman (48) who ran the Australia and New Zealand Fuels Value Chain since 2010, took over July 1. Mike retires at year’s end.
Mike (59) joined Castrol in 1993 from St Ivel, dairy, where he was CEO. Prior to the merger of Castrol with BP in 2000 he was CEO of Castrol UK, Controller for Latin / America, and global marketing director.
Following the acquisition of Castrol by BP, Mike became VP marketing and in September 2001 was appointed regional VP, Asia Pacific in Singapore. Mike returned to the UK in 2005 taking up the role of regional VP Europe (Automotive) until late 2007 when he took overall charge of the Lubricants business.
“I’m sad to be leaving. We now operate in over 130 countries. Our products are used worldwide from teenagers in Asia servicing his first moped to Rolls-Royce in its engine for the first flight of the Airbus A350 XWB,” he said.
His successor Paul Waterman joined Castrol in 1994, has had plenty of experience in the BP lubricants business. He spent 11 years in the Lubricants business out of his 20 years in the UK, US and Australasia. He was VP automotive Americas region in 2007 and 2008 and then VP lubricants B2B businesses (Marine, Industrial, Aviation and Energy lubricants) in 2009.
Paul said: “Mike is a talented leader, delivering great results. We have a strong team, with great brands and customer relationships, underpinned by leading technology and an efficient supply chain. I believe this is a very strong foundation to support continued growth into the future. I’m very excited to be leading this team.”
Mike Johnson
Paul Waterman