The appointment of Henry, as well as Ian Tyler and US oil executive Dave Hager, who also joined BP as directors this year, ...

BP Board Chair Helge Lund plans to step down after six years amid pressure for the company to deliver better financial results.

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 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’s next chairperson, once selected, will work with Helge during a transition period, after which Helge will leave the board.

I believe this could be an upside catalyst for BP, particularly in the lead-up to the company’s Annual General Meeting on April 17th when shareholders vote on BP’s board.

BP Plc appointed Simon Henry, a longtime Shell veteran, to its board of directors as the UK energy giant seeks to turn around ...

BP 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.

No one is expected to step down as part of the changes, suggesting that BP will have significantly more directors than the average 10-person FTSE 100 board.

Activist investor Elliott Management has met several large shareholders in BP to try to forge a consensus for more changes at the oil major that could include cost cuts and a potential leadership ...

"Given Elliott's track record, we believe its involvement could lead to board changes (for BP), portfolio rationalisation, and capex prioritisation on upstream projects, aiming to maximise free ...