BP shareholders punish chair Helge Lund with low support

By CNBC   |   1 month ago
BP shareholders punish chair Helge Lund with low support

BP's CEO and Chair were re-elected, but Chair Helge Lund received low shareholder support, possibly hastening his departure. BP faces pressure from activists and investors to address climate concerns, with some criticizing its strategic shifts. Lund announced plans to step down in 2026.

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