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BP Board Chair Helge Lund plans to step down after six years amid pressure for the ... BP has been making major changes such as by scaling back on plans to shift more to renewable energy ...
Elliott and investors discussed potential changes to BP's board and management team, and a reduction of annual spending to below $13 billion, the two shareholders said.
BP PLC’s (BP.LN) board supports a proposed vote on a shareholder resolution that would require the company to disclose metrics on its efforts to combat climate change, the company said Friday ...
BP. Helge joined the board in 2018 and became chair at the start of 2019, according to his bio on BP’s website. He has also served as chair for pharmaceutical company Novo Nordisk. The BP chair ...
Shares in BP rose by 7% on Monday, and were on track for the biggest daily gain in two years, as investors anticipated that activist shareholder Elliott Management will press for board changes and ...
Elliott is also pushing for changes to the board ahead of BP’s Annual General Meeting scheduled for April 17th. As I’ll detail, BP still faces multiple headwinds, and it will take time to ...
BP's board has started searching both internally and externally for a new permanent chief executive, Chairman Helge Lund told staff, according to sources in the meeting, which lasted around 10 ...
Oil major BP PLC’s board said Friday it will back a shareholder resolution at its annual meeting this year that would force the company to align its business strategy with the goals of the Paris ...
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BP shares jump 7% after Elliott Management takes stake - MSNBP shares surged on Monday, rising nearly 7% in early trading, after reports emerged that activist hedge fund Elliott Investment Management had acquired a stake in the British oil giant. The size ...
This could change with a new CEO though. As we saw with Shell this year, when a new CEO takes the reins, strategies can change materially. BP’s board may take the opportunity to appoint a new ...
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BP shares climb on prospect Elliott stake will drive change - MSNLondon — Shares in BP rose by 7% on Monday, and were on track for the biggest daily gain in two years, as investors anticipated that activist shareholder Elliott Management will press for board ...
LONDON (Reuters) - Shares in BP rose by 7% on Monday, and were on track for the biggest daily gain in two years, as investors anticipated that activist shareholder Elliott Management will press ...
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