Activist Investor Follow This Seeks Vote Against BP Chair Over Strategy Reset ...Middle East

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Activist Investor Follow This Seeks Vote Against BP Chair Over Strategy Reset
Follow This, an activist investor in BP, will seek a vote against the reappointment of the supermajor’s chair at the shareholders’ meeting next month, after BP didn’t consult shareholders on its strategy reset to refocus on oil and gas. “We don't want the chair to resign,” Follow This said in a statement on Thursday carried by Reuters, referring to BP’s chair Helge Lund. “We want him to heed the message that he has crossed a governance line and retrace his steps by offering shareholders a vote,” said…

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