Former BP chair Albert Manifold denies wrongdoing after ouster

Albert Manifold, the former BP Chair, has denied misconduct following his dismissal. He acknowledged pushing for changes in costs and efficiency. Manifold stated that he does not accept lies being told about him. He also described the current BP l...

Reuters
Albert Manifold, the former BP Chair, has denied misconduct following his dismissal
London: Ousted BP Chair Albert Manifold said on Thursday that not everyone at the oil ‌major shared his ⁠priorities ⁠to cut costs and boost efficiency and acknowledged he may have "pushed hard" for change, but again denied any misconduct.

He also described newly appointed CEO Meg O'Neill and finance chief Kate Thomson, along with their executive colleagues, as "brimming with integrity".

In the latest leadership turmoil at BP, the board dismissed Manifold ​on Tuesday after just eight months ⁠in the ‌job, citing serious concerns over his governance standards.


Four sources ​with ​knowledge of the matter told Reuters that Manifold had ⁠acted aggressively towards colleagues across the company, which was ​one reason for his removal.

A BP spokesperson said ​on Thursday the group stood by its statements and had a duty of care to all its employees.

'DETERMINATION TO DRIVE CHANGE'

"Is it possible that in my determination to drive change on costs, performance, the balance sheet and shareholder communications, I pushed ‌hard and challenged people directly? Yes, it is," Manifold said in a statement.
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"What I do not accept is ​that lies ​can be told ⁠about me, nor that anyone should be allowed to hide behind anonymity when commenting on my time at BP," he added.

A source with ​knowledge of the matter told Reuters on Wednesday that Manifold had hired law firm Mishcon de Reya to represent him after his dismissal.

A spokesperson for Manifold declined to comment on Thursday on any potential action he may take against BP.
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