Mark E. Thompson, chief investment officer at BP America Inc., Chicago, and director of group pensions at BP PLC, is retiring Dec. 31.
Mr. Thompson, who has been CIO since 2015, said in an email his goal is to take some time off after 40 years at BP and after that, "time will tell."
Mr. Thompson previously served as deputy CIO before succeeding Gregory T. Williamson in 2015 after the Mr. Williamson's departure to join American Red Cross, Falls Church, Va., as its CIO.
Mr. Thompson said in the email that BP is still undergoing an internal review regarding his eventual replacement.
As of Sept. 30, 2019, BP America had $15.6 billion in total retirement plan assets, according to Pensions & Investments data.