BP ousts chairman over governance concerns as interim chair takes helm

1 min read
Source: BBC
BP ousts chairman over governance concerns as interim chair takes helm
Photo: BBC
TL;DR Summary

BP has ousted its chairman Albert Manifold over serious governance and conduct concerns, appointing Ian Tyler as interim chair; the move follows shareholder opposition at the AGM and comes as BP reports about $3.2 billion in Q1 profit boosted by higher oil prices and trading gains.

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