BP today announced it would replace embattled CEO Tony Hayward, set aside $32.2 billion for Gulf oil spill costs and triple the size of a planned asset sale program as part of a sweeping effort to ...

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 ...

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 ...

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 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 ...

The changes are the first major shake-up under Murray Auchincloss, who took over from Mr Looney as chief executive in September. Shakeup marks the first leadership changes under BP's new boss ...

BP US Leadership Changes. Press Release. January 29, 2013. John Mingé, Regional President BP Alaska, appointed Chairman/President of BP Americas Inc., succeeded by Janet Weiss. John Mingé, has ...

BP (NYSE:BP) stock remains steady as the company transitions to a new CEO. The problem is that has remained too steady. The stock has seen little movement in the nine years Bob Dudley has served ...

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