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 ...

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

BP named outsider Albert Manifold, the former boss of building materials producer CRH , as its new chairman on Monday, as it grapples with a major strategy reversal in an attempt to turn around a weak ...

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

BP Plc has appointed Albert Manifold to succeed Helge Lund as chair of the company, according to a July 21 press release.

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

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.

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.

This makes Elliott BP's second-biggest shareholder after Blackrock at 9.2% and ahead of Vanguard at 4.95%, according to LSEG data. BP's current market valuation is around $76 billion.