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BP chair to resign amid pressure from shareholders
Helge Lund likely to leave in 2026 ‘having fundamentally reset’ the company’s strategyBP has said its chair is to step down after the oil company faced significant pressure from shareholders, including a powerful New York hedge fund.The energy company said on Friday that Helge Lund, who had led the business since 2019, would be replaced. He will leave after his successor has joined the board, with Lund “most likely” going in 2026. Continue reading...
Helge Lund likely to leave in 2026 ‘having fundamentally reset’ the company’s strategy
BP has said its chair is to step down after the oil company faced significant pressure from shareholders, including a powerful New York hedge fund.
The energy company said on Friday that Helge Lund, who had led the business since 2019, would be replaced. He will leave after his successor has joined the board, with Lund “most likely” going in 2026. Continue reading...
