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BP removes chair over ‘serious’ conduct, oversight, and governance concerns
Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.Jump to contentThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged inAllNewsSportCultureLifestyleBP has removed Albert Manifold as its chair with immediate effect due to "serious concerns" regarding his conduct, oversight, and governance. The oil giant's board “unanimously” decided on his ousting, though specific details of the issues have not been disclosed. Mr Manifold had only joined BP in October, and his removal follows almost a fifth of shareholder votes being cast against his election a month prior, partly due to governance concerns raised by Glass Lewis. Following the announcement, BP's shares dropped by as much as 6 per cent. Ian Tyler has been appointed as interim chair, and the company has initiated a search for a permanent replacement. In fullBP sacks chair over ‘unacceptable’ conduct and governance issuesThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in
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en.mercopress.com
BP sacks its Chair over governance standards and conduct issues
Oil and gas media is reporting that oil giant BP has removed Chair Albert Manifold with immediate effect after the board cited serious concerns over governance standards,…
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apnews.com
Oil giant BP ousts new chairman over 'conduct' and shares slide
BP has ousted its chairman over what it called serious concerns related to “important governance standards, oversight and conduct.”
