TNK-BP Ltd., half-owned by BP PLC
(BP), still intends to promote Deputy Chief Executive Maxim Barsky to CEO,
shareholder and Vice President German Khan said Thursday.
Barsky was picked by the TNK-BP board to head the company following a
shareholder dispute in 2008. Under an initial plan, Barsky was supposed to be
promoted to CEO on Jan. 1 this year, but the board has yet to approve his
promotion.
"At some point, he will become (CEO)," said Khan, when asked at a
press briefing.
Barsky has told the Financial Times in an interview that he intends to leave
the company, if he isn't promoted to CEO by New Year.