BP Plc Chairman Carl-Henric Svanberg is being summoned to Washington for a meeting with President Barack Obama as politicians step up pressure on the company to settle damage claims and suspend the dividend.
BP Plc Chairman Carl-Henric Svanberg is a leading candidate to take the same role at Swedish truckmaker Volvo AB and may not need to give up his BP post to accept the job, a person familiar with the situation said.
Prime Minister David Cameron told BP Plc Chairman Carl-Henric Svanberg his company must stay “financially strong and stable,” a day before the U.K. leader is due to talk to President Barack Obama about BP’s handling of the Gulf of Mexico oil spill.
BP Plc Chairman Carl-Henric Svanberg and Chief Executive Officer Tony Hayward arrived at the White House this morning for a meeting with President Barack Obama and his senior advisers intended to hammer out a plan for compensating Gulf Coast residents.
President Barack Obama is seeking a meeting with BP Plc Chairman Carl-Henric Svanberg and other “appropriate” company officials to discuss the company’s response to the oil spill in the Gulf of Mexico.