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BP (NYSE:BP) plans to add two new directors to help it pivot back to oil and gas, Financial Times reported Tuesday, as Chair Helge Lund wants the board to reflect the company’s new strategy ...
BP to Expand Board to Help Deliver Strategy Reset, FT Says, Citing Sources Provided by Dow Jones Mar 4, 2025, 8:01:00 AM--BP plans to hire two more directors to help deliver its reset oil-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 (BP) appointed David Hager—a veteran of the U.S. oil and gas industry, as a non-executive director effective June 2, 2025.
BP plc BP, the UK-based energy ... BP's Strategy Under Scrutiny as Elliott Pushes for Further Changes. 12h. BP plc BP, ... when investors will vote on whether to re-elect the company’s board, ...
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 ...
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.
April 4 (UPI) --BP announced Friday that Chair Helge Lund is being replaced after he notified the company's board that he would step down in 2026."Having fundamentally reset our strategy, BP's ...
BP Board Chair Helge Lund plans to step down after six years amid pressure for the company to deliver better financial results.
In a statement, BP’s spokesperson said that Giulia Chierchia, executive vice president of strategy, sustainability and ventures, will leave the company on June 1 to pursue other opportunities.
BP’s boss has pledged to “fundamentally reset” the firm’s strategy amid wide-ranging expectations that it will scale back its renewables projects, as annual profits slumped by more than a ...