BP vs Hitachi: Founders, CEOs and History
BP was founded in 1909 by William Knox D'Arcy, Charles Greenway and is led by Meg O'Neill. Hitachi was founded in 1910 by Namihei Odaira and is led by Toshiaki Tokunaga.
Company facts
Founders
BP
William Knox D'Arcy
William Knox D'Arcy (1849-1917) financed the search that created BP. In 1901 he obtained a 60-year concession from the Shah of Persia to explore for and produce oil across about three-quarters of the country, paying £20,000 in cash, £20,000 in shares and 16% o…
Charles Greenway
Charles Greenway (1857-1934) was not among the 1909 incorporators but became the executive who turned Anglo-Persian into a working oil company.
Hitachi
Namihei Odaira
Hitachi possesses a historic, foundational founding story, rooted in the industrialization of early 20th-century Japan and driven by a nationalist obsession with technological independence.
CEOs and their tenures
BP
- Sir John Browne1995–2007
Chief Executive Officer (former)
John Browne (later Lord Browne of Madingley) turned BP into a global supermajor through the acquisitions of Amoco (1998), ARCO (2000) and Burmah Castrol (2000).
Source - Tony Hayward2007–2010
Chief Executive Officer (former)
Tony Hayward, a geologist who joined BP in 1982 and ran its exploration and production business, succeeded John Browne in May 2007 and promised to fix BP's safety culture after Texas City.
Source - Bob Dudley2010–2020
Chief Executive Officer (former)
Bob Dudley, an American who began his career at Amoco and previously ran the TNK-BP joint venture in Russia, was BP's first American CEO, serving from October 2010 to February 2020.
Source - Bernard Looney2020–2023
Chief Executive Officer (former)
Bernard Looney's three-and-a-half-year tenure as CEO was defined by the most ambitious energy transition strategy ever articulated by a major oil company and ended in its most dramatic leadership dismissal.
Source - Murray Auchincloss2024–2025
Chief Executive Officer (former)
Murray Auchincloss, a Canadian who joined Amoco in 1992 and became BP's CFO in 2020, was interim CEO after Bernard Looney's September 2023 exit and permanent CEO from January 2024.
Source - Carol Howle2025–2026
Interim Chief Executive Officer (former)
Carol Howle, BP's executive vice president for supply, trading and shipping, served as interim CEO from December 2025, when Murray Auchincloss stepped down, until Meg O'Neill joined on April 1, 2026.
Source - Meg O'Neill2026–present
Chief Executive Officer
Meg O'Neill, an American engineer who spent more than two decades at ExxonMobil and ran Australia's Woodside Energy from 2021, became BP's chief executive on April 1, 2026, the first woman to lead the company.
Source
Hitachi
- Toshiaki Higashihara2016–2022
Former President and Chief Executive Officer
Shifted Hitachi from a sprawling conglomerate toward infrastructure and digital businesses.
Source - Keiji Kojima2022–2025
Executive Chairman (CEO 2022-2025)
Finished much of the portfolio cleanup and handed over a more focused group to Tokunaga.
Source - Toshiaki Tokunaga2025–present
President and Chief Executive Officer
Brings an energy and rail background to the top job as Hitachi Energy and Hitachi Rail drive more of the group's growth.
Source
Timeline: BP and Hitachi side by side
1901BP
D'Arcy Persian Concession
William Knox D'Arcy obtains a 60-year oil concession from the Shah of Persia covering about 480,000 square miles, roughly three-quarters of the country, in exchange for £20,000 in cash, £20,000 in shares and 16% of annual profits.
1908BP
Discovery of Oil at Masjid-i-Suleiman
After seven years of expensive and largely unsuccessful drilling, field manager George Reynolds strikes oil at Masjid-i-Suleiman in south-west Persia on May 26, 1908. It is the first commercial oil discovery in the Middle East.
1909BP
Anglo-Persian Oil Company Incorporated
The Anglo-Persian Oil Company is formally incorporated in April 1909, with William Knox D'Arcy and the Burmah Oil Company as principal backers.
1910Hitachi
Founding and First Induction Motor
Namihei Odaira establishes the machinery repair shop that becomes Hitachi, and develops Japan's first 5-horsepower induction motor, establishing the foundation for the company's dominance in electrical engineering.
1914BP
British Government Acquires 51% Stake
At the urging of Winston Churchill, First Lord of the Admiralty, the British government pays ~$2.9 million (£2.2 million) for a 51% stake in Anglo-Persian and signs a long-term fuel-oil supply contract for the Royal Navy, which is converting its fleet from coa…
1932Hitachi
Expansion into Railway Technology
Hitachi begins manufacturing electric locomotives and rail signaling systems, establishing a deep, institutionalized relationship with the Japanese national railway network that would evolve into the modern Hitachi Rail division.
1954BP
Renamed British Petroleum
Following the 1953 resolution of the Iranian nationalization crisis and the Shah's restoration to power, the company renames itself British Petroleum Company.
1959Hitachi
Entry into Computing and Electronics
Hitachi develops its first electronic computer, the HITAC, marking the company's strategic entry into the information technology sector and laying the groundwork for its future digital systems business.
1970BP
North Sea Forties Field Discovery
BP discovers the Forties field in the UK North Sea, one of the largest oil fields ever found in British waters. Together with Alaska's Prudhoe Bay, it gives BP politically secure production just as Middle Eastern governments take control of their oil.
1987BP
UK Government Privatization Complete
The Thatcher government completes the privatization of its remaining 31.5% stake in BP through a global share offering timed for October 1987 weeks before the global stock market crash known as Black Monday disrupted the sale and left underwriters with unsold…
1998BP
Merger with Amoco Corporation
BP merges with Chicago-based Amoco Corporation in a deal valued at approximately $48.2 billion the largest industrial merger in history at the time.
2000BP
Beyond Petroleum Rebrand
Under then-CEO Sir John Browne, BP launches the 'Beyond Petroleum' rebranding campaign, introducing the sunflower logo still in use today and publicly positioning the company as an energy company committed to addressing climate change.
2010BP
Deepwater Horizon Disaster
The Deepwater Horizon drilling rig, operating on the Macondo well in the Gulf of Mexico under contract to BP, suffers a catastrophic blowout on April 20, 2010, killing 11 workers and triggering the largest marine oil spill in US history approximately 4.9 milli…
2016Hitachi
Toshiaki Higashihara becomes CEO
Toshiaki Higashihara became CEO of Hitachi in 2016. Shifted Hitachi from a sprawling conglomerate toward infrastructure and digital businesses.
2020BP
Net-Zero Commitment and Dividend Cut
Under new CEO Bernard Looney, BP sets a net-zero ambition for 2050 and, in August 2020, pledges to cut oil and gas production by 40% by 2030 and raise low-carbon investment to about $5 billion a year.
2020Hitachi
Acquisition of ABB's Power Grids Business
Hitachi executes the $11 billion acquisition of ABB's Power Grids business, renaming it Hitachi Energy and instantly establishing the company as the global leader in HVDC transmission and grid infrastructure.
2021Hitachi
Acquisition of GlobalLogic
The company acquires the global digital engineering firm GlobalLogic for $9.6 billion, instantly establishing Hitachi as a top-tier provider of advanced software and product design services for the automotive and telecommunications sectors.
2022Hitachi
Hitachi Construction Machinery Stake Sale
Hitachi sold a controlling stake in Hitachi Construction Machinery to Itochu and Japan Industrial Partners, part of its exit from cyclical listed subsidiaries.
2024BP
Auchincloss Confirmed as CEO
Murray Auchincloss, BP's CFO since 2020 and interim chief since Bernard Looney's September 2023 exit, is confirmed as permanent CEO in January 2024.
2024Hitachi
Acquired Thales Ground Transportation Systems
Hitachi acquired Thales Ground Transportation Systems. Hitachi Rail completed its ~$1.88 billion (EUR 1.66 billion) acquisition of Thales's Ground Transportation Systems business, its rail signalling division, expanding Hitachi Rail to 51 countries and shiftin…
2025BP
Strategy Reset and Bumerangue Discovery
In February 2025 BP cuts planned transition investment to $1.5-2 billion a year, raises upstream spending to about $10 billion a year and targets $20 billion of divestments and $14-18 billion of net debt by 2027.
2025BP
CEO Change and Castrol Sale Agreed
On December 17, 2025 BP says Murray Auchincloss will step down and names Woodside Energy CEO Meg O'Neill as his successor from April 2026, with Carol Howle as interim CEO.
2025Hitachi
Toshiaki Tokunaga Becomes CEO
Toshiaki Tokunaga became President and CEO on April 1, 2025, succeeding Keiji Kojima, who became Executive Chairman.
2026BP
O'Neill Takes Over and Simplifies BP
Meg O'Neill becomes CEO on April 1, 2026. The board removes chair Albert Manifold on May 26 over governance and conduct concerns and names Ian Tyler interim chair, confirming him as permanent chair on September 2.
2026Hitachi
Record Results and Home Appliance Sale
Hitachi reported record FY2025 profit in April 2026 and agreed to sell 80.1% of its home appliance business to Nojima for about $737 million (¥110 billion).
Acquisitions
BP
- TravelCenters of America2023$1.3B
- Archaea Energy2022$4.1B
- Lightsource Renewable Energy (43% stake, later 100%)2017$200M
- ARCO (Atlantic Richfield Company)2000$27B
- Castrol Limited2000$4.7B
- Amoco Corporation1998$48.2B
Hitachi
- Thales Ground Transportation Systems2024Undisclosed
- GlobalLogic2021Undisclosed
- ABB Power Grids2020Undisclosed
Questions about BP vs Hitachi
Who is the CEO of BP plc and Hitachi, Ltd.?
BP plc is led by Meg O'Neill and Hitachi, Ltd. is led by Toshiaki Tokunaga. Both serve as the top executive responsible for the company's strategy, operations, and financial performance.
When was BP plc founded vs Hitachi, Ltd.?
BP plc was founded in 1909 — 1 year before Hitachi, Ltd., which was founded in 1910. BP plc's longer operating history gives it a deeper track record but also potentially more institutional inertia compared to the younger Hitachi, Ltd..
How many employees does BP plc have compared to Hitachi, Ltd.?
BP plc employs approximately 93,700 people, while Hitachi, Ltd. employs approximately 287,901. Hitachi, Ltd. has the larger workforce at 287,901 employees, compared to BP plc's 93,700. A higher headcount does not necessarily imply greater efficiency — it often reflects differences in business model (e.g., manufacturing vs. software).
Where are BP plc and Hitachi, Ltd. headquartered?
BP plc is headquartered in United Kingdom and Hitachi, Ltd. is headquartered in Japan. Their different home markets mean they may face different regulatory frameworks, tax regimes, and currency exposure.
Who founded BP plc and Hitachi, Ltd.?
BP plc was founded by William Knox D'Arcy, Charles Greenway. Hitachi, Ltd. was founded by Namihei Odaira.
Which company has a longer operating history — BP plc or Hitachi, Ltd.?
BP plc has been operating for approximately 117 years, making it the more established of the two companies. Hitachi, Ltd. has been in operation for around 116 years. A longer operating history often signals greater institutional resilience and brand recognition, though it can also mean slower adaptation to new market conditions.
Figures come from each company's filings and the sources linked beside them. Amounts reported in another currency are shown in US dollars at an approximate rate and marked with ~. Back to the BP vs Hitachi overview