Elliott calls for BHP board overhaul as new chairperson looms

June 14, 2017

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Activist shareholder Elliott Management called on BHP on Wednesday to “upgrade” its board of directors as the mining giant prepares to select a new chairmperson this week. “BHP has an entrenched board, with long-tenured directors having approved the disastrous acquisitions and poorly timed share buybacks that are at the root of much of today’s underperformance,” Elliott said in a statement.

Category: General