Carl-Henric Svanberg News
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Pay for chairmen of the largest publicly traded companies in the U.K. rose an average 6 percent last year to almost 400,000 pounds ($600,000), according to a report released today.
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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.
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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.
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BP Plc Chairman Carl-Henric Svanberg said he isn’t considering leaving his position at Europe’s second-biggest oil company after being recommended as chairman at Volvo AB.
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BP Plc Chairman Carl-Henric Svanberg agreed to provide $20 billion to pay “all proper claims” from the Gulf of Mexico oil spill after what he called a constructive meeting with President Barack Obama.
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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.
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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.
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President Barack Obama said BP Plc will put $20 billion over four years into an oil spill compensation fund that will be independently administered by lawyer Kenneth Feinberg .
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BP Plc Chairman Carl-Henric Svanberg said he sees no need for European countries to tap strategic oil reserves this year, after an embargo cuts off supplies from Iran at mid-year.
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BP Plc Chairman Carl-Henric Svanberg will be named chairman of Swedish truckmaker Volvo AB within a few weeks, replacing Louis Schweitzer, Svenska Dagbladet reported today, citing several people familiar with the matter.
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