BP has removed Chair Albert Manifold with immediate effect, it said on Tuesday, citing governance oversight and conduct issues, only months after his appointment to help oversee a strategy revamp. BP, which launched a plan in February 2025 to shift the focus back to fossil fuel and away from renewable energy, also appointed Meg O'Neill as its fifth CEO in six years at the end of last year. 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.
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 recently appointed Meg O'Neill as its fifth CEO in six years. The board unanimously decided Manifold should no longer serve as chair and director.
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