-- Some of BP's largest shareholders have urged the company to target BAE Systems' Chief Executive Charles Woodburn as its next CEO, Sky News reports, citing unnamed sources.

-- The investors see Woodburn as a suitable candidate given his successful six-and-a-half year tenure leadership in the U.K. defense and earlier career at the oilfield services companies Schlumberger and Expro Group, according to Sky News.

-- It remains unclear if Woodburn had been formally approached by BP and his receptiveness to an approach.

-- Neither BP nor BAE were immediately available for comment.

Full story: https://bit.ly/3NPaf8X

Write to Michael Susin at michael.susin@wsj.com

(END) Dow Jones Newswires

January 08, 2024 02:08 ET (07:08 GMT)

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