Elliott Management is pressuring BP for deeper cost cuts, asset sales and leadership changes as the oil giant pivots back to hydrocarbons. ... BP's Leadership Faces Key Vote in April.

BP shares surged on Monday, rising nearly 7% in early trading, after reports emerged that activist hedge fund Elliott Investment Management had acquired a stake in the British oil giant. The size ...

Elliott Management, along with other major BP shareholders, is discussing potential additional measures to improve BP's performance, including deeper cost reductions and leadership changes, beyond ...

Elliott and investors discussed potential changes to BP's board and management team, and a reduction of annual spending to below $13 billion, the two shareholders said.

Activist investor Elliott has met several large BP shareholders to try to forge a consensus for more changes at the company that could include cost cuts and potential changes in leadership.

UK supermajor BP has admitted it is in need of a “fundamental” change of direction, to cite the words of its chief executive, but whether the company’s leadership can deliver it to the extent its ...

BP's new leaders, CEO Murray Auchincloss and CFO Kate Thomson, both internally promoted from the existing leadership team, have also begun to make changes to scale back renewables projects and ...

Elliott Management is pressuring BP for deeper cost cuts, asset sales and leadership changes as the oil giant pivots back to hydrocarbons.

Activist investor Elliott Management has met several large shareholders in BP to try to forge a consensus for more changes at the oil major that could include cost cuts and a potential leadership ...

UK supermajor BP has admitted it is in need of a “fundamental” change of direction, to cite the words of its chief executive, but whether the company’s leadership can deliver it to the ...