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EQS-Adhoc: BP p.l.c.: bp chair announces inte...
EQS-Adhoc: BP p.l.c.: bp chair announces inte....
About this update from Bp Plc
[{"type":"text","content":"\n \n \n \n\n\t\n\n\n\nEQS-Ad-hoc: BP p.l.c. / Key word(s): Miscellaneous\n\nBP p.l.c.: bp chair announces intention to step down; board launches search for successor \n04-Apr-2025 / 08:00 CET/CEST\n\nDisclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group.\n\nThe issuer is solely responsible for the content of this announcement.\n \n\n \n\npress release\n\n \n\n4 April 2025\n\n \n\nbp chair announces intention to step down;\n\nboard launches search for successor\n\n \n\nbp today announced that the company’s board of directors has initiated a succession process to select a new Chair, after Helge Lund informed the board of his intention to step down in due course.\n\n \n\nThe succession process is being led by Dame Amanda Blanc, in her capacity as Senior Independent Director, with support from the wider board.\n\n \n\nIt is intended that the successful candidate will join the board and work together with Helge to ensure an orderly transition ahead of taking on the role of Chair, at which point Helge will step down from the board, most likely during 2026.\n\n \n\nWhilst this succession process progresses, the board’s focus will remain on overseeing management’s delivery of the new strategy and this will continue to be their key priority under the new Chair.\n\n \n\nHelge said: “Having fundamentally reset our strategy, bp’s focus now is on delivering the strategy at pace, improving performance and growing shareholder value. Now is the right time to start the process to find my successor and enable an orderly and seamless handover. The board and I are committed to supporting Murray and his team, and to overseeing bp’s delivery of its strategic and financial objectives as we set out in our recent Capital Markets Update.”\n\n \n\nAmanda said: “We are starting a comprehensive search to identify Chair candidates with the credibility and relevant experience to lead the board and continue driving management’s safe execution of the reset strategy.”\n\n \n\n \n\nThis announcement contains inside information. The person responsible for arranging the release of this announcement on behalf of BP p.l.c., is Ben Mathews, Company Secretary.\n\n \n\nFurther information: \n\nbp press office, London...