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BP, Elliott and chair Manifold
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BP named a new board chair after activist shareholders pressured the company to move in a new direction. The London-based ...
Albert Manifold, the former chief executive of building materials company CRH, will join the BP board in September and take ...
Though new to the energy sector, Manifold is seen as a capable turnaround executive with experience in portfolio restructuring and cost discipline. The move comes after BP backed away from aggressive ...
Muted market response to former CRH chief’s appointment belies reputation as ‘shrewd operator’ and ‘man on a mission’ ...
1don MSN
BP Stock Climbs. New Chairman’s Record Shows How to Make Oil Major More Like Exxon, Chevron.
BP’s American depositary receipts traded 0.5% higher on Monday. Exxon Mobil was up 0.2%, while Chevron was down 0.4%. Shell, ...
BP has appointed Albert Manifold as its new chairman, selecting the former CRH chief executive to lead the board at a time of ...
More recently, Elliott has been pushing British oil giant BP (BP) to divest some of its businesses and Phillips 66 (PSX) to sell its midstream assets.
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