BP Chairman Helge Lund to Step Down Amid Elliott Pressure and Strategic U-Turn

BP Plc’s Chairman Helge Lund has announced plans to step down as the British oil giant faces intensifying pressure from activist investor Elliott Investment Management. The development follows BP’s decision to abandon its once-touted net-zero ambitions, a strategy Lund helped champion during his tenure. While BP has not yet specified the exact date of Lund’s […]