Some BP shareholders plan to vote against chair's re-election
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 11 2025
0mins
Source: Reuters
Shareholder Opposition: Two major BP shareholders, Legal and General and Robeco, plan to vote against the re-election of chairman Helge Lund due to concerns over the company's reduced focus on renewable energy in favor of oil and gas.
Company's Response: BP stated it has received widespread support for its new strategy and emphasized the importance of executing their plans and meeting set targets.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
