BP vs Toyota: Founders, CEOs and History
BP was founded in 1909 by William Knox D'Arcy, Charles Greenway and is led by Meg O'Neill. Toyota was founded in 1937 by Kiichiro Toyoda, Sakichi Toyoda and is led by Kenta Kon.
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.
Toyota
Kiichiro Toyoda
Kiichiro Toyoda (1894-1952) founded the Toyota Motor Corporation in 1937, spinning it out of his father's successful textile machinery business.
Sakichi Toyoda
Sakichi Toyoda was not the founder of Toyota Motor Corporation but his inventions and philosophy created the foundation on which it was built. His loom patents generated the capital Kiichiro needed to experiment with automobiles.
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
Toyota
- Akio Toyoda2009–2023
President and Chief Executive Officer (now Chairman)
Akio Toyoda took leadership during one of Toyota's hardest modern periods, including the global financial crisis and the unintended acceleration recall crisis.
Source - Koji Sato2023–2026
President and Chief Executive Officer (now Vice Chairman)
Koji Sato inherited a profitable but scrutinized Toyota.
Source - Kenta Kon2026–present
President and Chief Executive Officer
As CFO, he managed the immense capital allocation required for Toyota's massive $35 billion commitment to fully electrify its vehicle lineup by 2030.
Source
Timeline: BP and Toyota 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.
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…
1937Toyota
Toyota Motor Corporation incorporated
Toyota Motor Corporation was incorporated after Kiichiro Toyoda expanded the Toyoda family business from automatic looms into automobile manufacturing.
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.
1955Toyota
Toyopet Crown launched
The Toyopet Crown gave Toyota a postwar passenger-car platform and later became its first passenger car exported to the United States.
1966Toyota
Corolla launched
Toyota launched the Corolla, a compact car that became central to its mass-market export strategy.
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…
1989Toyota
Lexus launches
Toyota launched Lexus with the LS 400, moving into premium vehicles with a quality-led strategy.
1997Toyota
Prius launches in Japan
Toyota launched the Prius, turning hybrid technology into a mass-produced passenger vehicle.
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…
2016Toyota
Acquired Daihatsu Motor Co., Ltd.
Toyota Motor acquired Daihatsu Motor Co., Ltd..
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.
2021Toyota
Acquired Lyft Level 5
Toyota Motor acquired Lyft Level 5 for $550 million.
2021Toyota
Acquired CARMERA
Toyota Motor acquired CARMERA.
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.
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.
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.
2026Toyota
Kenta Kon becomes president and CEO
Kenta Kon became president and CEO on April 1, 2026, while Koji Sato moved to vice chairman and chief industry officer.
2026Toyota
FY2026 sales revenues reach ~$340B (JPY 50.685T)
Toyota reported FY2026 sales revenues of ~$340 billion (JPY 50,684.952 billion) and net income attributable to Toyota Motor Corporation of ~$25.8 billion (JPY 3,848.098 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
Toyota
- Lyft Level 52021$550M
- CARMERA2021Undisclosed
- Renovo Motors2021Undisclosed
- Daihatsu Motor Co., Ltd.2016Undisclosed
- Toyota Auto Body2012Undisclosed
Questions about BP vs Toyota
Who is the CEO of BP plc and Toyota Motor Corporation?
BP plc is led by Meg O'Neill and Toyota Motor Corporation is led by Kenta Kon. Both serve as the top executive responsible for the company's strategy, operations, and financial performance.
When was BP plc founded vs Toyota Motor Corporation?
BP plc was founded in 1909 — 28 years before Toyota Motor Corporation, which was founded in 1937. BP plc's longer operating history gives it a deeper track record but also potentially more institutional inertia compared to the younger Toyota Motor Corporation.
How many employees does BP plc have compared to Toyota Motor Corporation?
BP plc employs approximately 93,700 people, while Toyota Motor Corporation employs approximately 375,235. Toyota Motor Corporation has the larger workforce at 375,235 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 Toyota Motor Corporation headquartered?
BP plc is headquartered in United Kingdom and Toyota Motor Corporation 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 Toyota Motor Corporation?
BP plc was founded by William Knox D'Arcy, Charles Greenway. Toyota Motor Corporation was founded by Kiichiro Toyoda, Sakichi Toyoda.
Which company has a longer operating history — BP plc or Toyota Motor Corporation?
BP plc has been operating for approximately 117 years, making it the more established of the two companies. Toyota Motor Corporation has been in operation for around 89 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 Toyota overview