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 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 is making changes to its executive team and simplifying its organizational structure, the company said Apr. 18. bp will continue to have three businesses—production and operations, gas and ...

BP will simplify its organizational structure and cut its executive leadership team to 10 as it seeks to reduce duplication and complexity in management reporting lines. The team currently ...

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.

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

Invezz.com - BP (LON: 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 ...

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 ...