Market Chatter: Elliott Management Wants New Strategy Head, Structure for BP

MT Newswires Live

Apr 25, 2025

BP (BP) activist shareholder Elliott Investment Management wants a new person to head the company's strategy and succeed Giulia Chierchia, who leads its strategy, sustainability, and ventures arm, Reuters reported Friday, citing a source familiar with the situation.

The New York-based hedge fund, which has a stake of over 5% in BP, also wants the company to return to a structure with separate upstream and downstream units in order to improve accountability, the source said.

BP and Elliott did not immediately reply to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 29.03, Change: +0.02, Percent Change: +0.09

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This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p><p>Price: 29.03, Change: +0.02, Percent Change: +0.09</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4596","symbol_name":"哈里斯概念","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2530557791","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2530557791","pubTimestamp":1745594151,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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