All articles tagged with #albert manifold
Albert Manifold, removed as BP chairman over alleged bullying and overbearing conduct, denies the charges and says no such issues were raised in his 40-year career; BP says the board acted with a duty of care and stands by its decision, while governance concerns had already weighed on shareholder sentiment at the AGM.
Former BP chairman Albert Manifold says he was removed without warning and disputes the board’s characterization of his conduct, after BP cited serious concerns about governance, oversight and conduct. Manifold, in office for about seven months, faced a recent shareholder revolt at BP’s AGM amid the company’s pivot back to oil and gas under Meg O’Neill. Activist groups are calling for a full, transparent account of the governance issues as BP shares traded lower on the news.
BP has removed chair Albert Manifold with immediate effect after 'serious concerns' about his conduct, including allegations of bullying and whistleblower complaints; Meg O'Neill has begun reshaping the leadership, with interim chair Ian Tyler taking over as the company starts a process to appoint a permanent chair as shares fell about 4%.