Lund is expected to step down in 2026. BP said the succession process will be led by Amanda Blanc in her capacity as senior independent director. Shares of BP traded 2.2% lower on Friday morning.

BP chairp Helge Lund to step down, board begins search for successor Apr. 04, 2025 3:18 AM ET BP p.l.c. (BP) Stock By: Manshi Mamtora, CFA 1 Comment Play (1min) jetcityimage ...

BP will review its portfolio of assets and consider further cost cuts as part of a drive to do better for shareholders, the ...

BP on Friday said chairman Helge Lund will step down after a major reset at the British energy giant that saw it recently shelve carbon-reduction targets to focus on fossil fuel output. "Having ...

The appointment comes as the energy major slashes green spending and pivots back to oil amid pressure from investors.

Sept 14 (Reuters) - The chair of BP BP.L Helge Lund, has ruled himself out as the oil giant’s next chief executive, The Financial Times reported on Thursday. Reuters, the news and media division ...

British oil major BP on Friday said its chair Helge Lund will step down, likely in 2026, kickstarting a succession process. BP CEO Murray Auchincloss, who took the helm on a permanent basis in ...