BP ousts Chair Albert Manifold in surprise move, citing unnamed governance issues
BP has removed its Chair, Albert Manifold, with immediate effect. The company cited serious concerns regarding governance oversight and conduct. This decision comes just months after Manifold's appointment to help steer a strategy revamp. BP also ...

In a statement on Tuesday, BP said its board had unanimously decided that Albert Manifold should no longer serve as chair and director with immediate effect.
"This follows serious concerns raised to the board related to important governance standards, oversight and conduct," BP said.
"Albert has helped bring a welcome focus and pace to BP's transformation. However, the board has been surprised and disappointed to learn of governance oversight and conduct issues it deems unacceptable and has taken decisive action," said senior independent Director Amanda Blanc. Blanc oversaw Manifold's appointment in October.
A BP spokesperson declined to give further details.
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