Elliott Management is pressuring BP for deeper cost cuts, asset sales and leadership changes as the oil giant pivots back to hydrocarbons. ... BP's Leadership Faces Key Vote in April.

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.

UK supermajor BP has admitted it is in need of a “fundamental” change of direction, to cite the words of its chief executive, but whether the company’s leadership can deliver it to the ...

BP's new leaders, CEO Murray Auchincloss and CFO Kate Thomson, both internally promoted from the existing leadership team, have also begun to make changes to scale back renewables projects and ...

The bigger climate message behind BP's investor rebellion, where nearly 25% of shareholders denounced the company's chairman this week. Skip to Content Explore Close ...

BP investor group wants vote on any changes to climate goals - FT. Feb. 19, 2025 10:56 ... which is viewed by Elliott and other shareholders as a crucial test of the oil company’s leadership. ...

Elliott Management is pressuring BP for deeper cost cuts, asset sales and leadership changes as the oil giant pivots back to hydrocarbons.

UK supermajor BP has admitted it is in need of a “fundamental” change of direction, to cite the words of its chief executive, but whether the company’s leadership can deliver it to the extent its ...