Doug Summerhill
Vice President Chartering - Bp Shipping @bp
Signup · Get unlimited contacts
WORK HISTORY
Vice President Chartering - Bp Shipping @bp
SG
Global Head of Chartering and Commercial Member of the Global BP Shipping leadership team, responsibilities included leading all aspects of global Chartering and Commercial activity across three major hubs; London, Chicago and Singapore, to achieve the safe and commercially advantaged transportation of hydrocarbons for the BP Group and third parties.Achievements and impact:• Drove transformational performance improvement via multi-faceted strategy which delivered >300% underlying profit improvement over 4 years.• Restructured portfolio including divestment of low performing assets, investment in new growth opportunities and delivery of major cost and working capital reduction initiatives to deliver savings of US$175M p.a.• Successfully designed and led a complex, multi-faceted growth program including building new chartering and digital capabilities, doubling BP’s operated and time charter fleet and redesigning performance and risk management structures to deliver market leading vessel earnings (+10% over market average YTD 2020).• Established deep integration with commodity trading books generating ~US$250M p.a. in gross margin, leveraging multiple freight structures including time charterers, contracts of affreightment and options. • Managed US$4 billion annual freight spend and led and developed a global team consisting of ~60 chartering and commercial professionals.
EDUCATION
Royal Melbourne Institute of Technology
Bachelor of Business Administration (B.B.A.), Management
SKILLS
ABOUT DOUG SUMMERHILL
Successful senior leader of large, complex businesses with track record of delivering sustainable transformational outcomes across multiple disciplines and geographies. Very experienced in managing operational risk- Inspirational, authentic and engaging leader able to balance the commercial and people imperatives to develop effective and sustainable solutions- Strong stakeholder management and influencing capabilities - builds alignment and shared ownership across diverse stakeholders- Sharp, probing, strategic mind combined with strong financial/commercial acumen. Effective at putting structure to ambiguity, focusing the organisation on the key priorities, creating momentum behind strategic initiatives and driving ongoing performance- Strong experience in risk management. Understands how to deliver a safe operating environment across large, distributed and hazardous operations. Experienced in managing brand and reputational risks - understands how to interface with industry regulators and bodies, government et al. Able to make sensible and pragmatic tradeoffs in managing risk
This profile is compiled from publicly available professional sources. Unifers is not affiliated with or endorsed by LinkedIn. Request removal of this profile.