Elliott Investment Management, one of BP's largest shareholders, on Monday called on the energy giant's new chairman Albert ...

Major BP (NYSE:BP) shareholder Elliott Management wants the company's incoming chairman to urgently improve the cost base and ...

BP has been accused of “chronic underperformance” by US hedge fund Elliott as it stepped up pressure on the struggling oil ...

Albert Manifold, the former chief executive of building materials company CRH, will join the BP board in September and take ...

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

Muted market response to former CRH chief’s appointment belies reputation as ‘shrewd operator’ and ‘man on a mission’ ...

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 ...

BP has appointed Albert Manifold as its new chairman, selecting the former CRH chief executive to lead the board at a time of ...

On Monday, BP announced Albert Manifold, former head of building materials producer CRH, as its new chairman. This ...

Elliott builds BP stake of nearly 5%, pushes for big divestments, source says. Economy. Published 02/13/2025, 06:36 AM. Updated 02/13/2025, 11:22 AM.

BP shares whipsawed on Wednesday after activist investor Elliott went public with a stake of more than 5% in the struggling British oil major.

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.