John S. Ruey, manager-trust investments, the Americas, for BP Americas $5.5 billion pension fund and $7.7 billion defined contribution fund, will retire at the end of the month. He will not be replaced, said Marvin L. Damsma, director-trust investments, the Americas, who heads the staff at the Chicago-based plans. Mr. Rueys duties will be divided among existing staff members.
Mr. Ruey also will retire as treasurer of the BP Foundation. Mr. Damsma said that position will be filled by an existing staffer.