Jessica Clark

2 months ago | thisismoney.co.uk | Jessica Clark |Mark Shapland

BP’s top brass suffered a shareholder revolt yesterday in the latest blow to a once-mighty corporate titan that is now standing at a crossroads. Chairman Helge Lund was dealt a bloody nose as a quarter of shareholders opposed his re-election – the oil giant’s biggest protest vote in nearly a decade. And while chief executive Murray Auchincloss received the backing of 97 per cent of investors – suggesting his position is safe for now – his long-term future hangs in the balance.