BP named a new board chair after activist shareholders pressured the company to move in a new direction.

BP has appointed Irishman Albert Manifold as its new chair, paving the way for Helge Lund to depart after six troubled years ...

The energy giant is revamping its board and implementing a new strategy in an attempt to boost its share price.

BP named Albert Manifold, the former boss of building materials producer CRH, as its new chairman on Monday, as it looks to ...

BP to Expand Board to Help Deliver Strategy Reset, FT Says, Citing Sources Provided by Dow Jones Mar 4, 2025, 8:01:00 AM ...

Albert Manifold is ‘unknown entity’ in energy who will have to prove he is best person to deliver strategy overhaul and ...

BP’s chair Helge Lund now looks to respond to investor pressure, especially from activist investor Elliott Management, to strengthen the board. The UK-based supermajor is considering raising the ...

BP has also scrapped its Scope 3 emissions reduction target, which includes greenhouse gases such as carbon dioxide that are released from the usage of its products by its customers or from an ...

BP has announced a major strategic reset, increasing its investment in upstream oil and gas to $10 billion annually while significantly reducing spending on clean energy to $1.5-2 billion a year.

BP's annual profit drops to $8.9 bln Elliott's stake raises pressure for board and strategy changes Q4 profit fell 61%, weakest since 2020 Lower refining margins hit Q4; weak margins expected ...

BP Board Chair Helge Lund plans to step down after six years amid pressure for the company to deliver better financial results. Lund announced this week that he planned to step down likely ...

Shares of BP, which has been under pressure from activist investor Elliott Investment Management, plunged Friday after the energy giant said chair Helge Lund is stepping down.