Latest news with #activist investor
Yahoo
a day ago
- Business
- Yahoo
BP names Albert Manifold as new chair
(Reuters) -BP named Albert Manifold as its new chairman on Monday, succeeding Helge Lund. Manifold will take over as chair on October 1. Norwegian national Lund, 62, was re-elected in April with sharply reduced support amid pressure from activist investor Elliott Management and criticism from climate-focused shareholders. BP had said in April that Lund intends to exit the firm "likely" in 2026. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
CNA
6 days ago
- Business
- CNA
Hewlett Packard signs cooperation deal with Elliott, adds tech veteran to board
Hewlett Packard Enterprise has entered into a cooperation agreement with activist investor Elliott Investment Management, the server maker said on Wednesday. As part of the agreement, the company's board has named KLA Corp Chairman Robert Calderoni as director. Elliott had built a stake of more than $1.5 billion in Hewlett Packard Enterprise, a person familiar with the matter had said in April.
