BP’s BP-2.86%decrease; red down pointing triangle Chairman Helge Lund will step down sometime next year, as activist investor Elliott Management pushes for changes at the British oil major.

The successful candidate will join the board and work together with Lund ahead of taking on the role, at which point Lund will step down from the board, most likely in 2026, BP said. (Reporting by ...

British oil major BP on Friday said its chair Helge Lund will soon step down, kickstarting a succession process shortly after the company launched a fundamental strategic reset. "Having ...

BP said Chairman Helge Lund will step down and that it has started the process to find a replacement. The British energy company said Lund is likely to step down in 2026 and will work with his ...

BP chairman Helge Lund has been confirmed in his position at the annual general meetings of shareholders held on Thursday, with more than three quarters of votes in favour of his re-election.