The Guardian Australia – Business
·business
·2 hours ago
BP’s chair deserved a kick for his silly obstinacy over shareholder resolution
BP's chair Albert Manifold faced shareholder backlash after excluding a resolution from the investor group Follow This at Thursday's annual meeting. The proposal, backed by investors managing $1 trillion, aimed to ensure BP's strategy for managing oil demand risks. Manifold's decision contributed to disappointing support for key company resolutions and raised concerns over shareholder engagement.
Summary by Glance · The Guardian Australia – Business
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