BP Chair Helge Lund to step down by 2026 as search for successor begins

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Elliott Management did not immediately respond to a request for comment.

Before that, he was the CEO of BG Group when Shell bought it, following a ten-year stint as CEO of Norway's Equinor , then Statoil.

BP's shares have been underperforming peers such as Shell and Exxon.

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Category: BusinessFinance

Markets: IndiaNorway

Topics: Helge Lund BP CEO succession BP asset disposal BP activist investors BP Oil and gas BP leadership change BP strategy BP shareholder meeting Elliott Management BP chairman Murray Auchincloss BP stock performance

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-04 @ 13:26:28 (2 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 344 words

Reading Time: 2 minutes read

Sentences: 13 lines

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Copyright Owner: © Business Standard

News ID: 27579967

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