BP removes chair Albert Manifold over conduct concerns (opens in new tab)

BP’s board removed its chair, Albert Manifold, with immediate effect on Tuesday, May 26, after about eight months in the role, citing “serious concerns” related to conduct, oversight and governance at the oil major. BP appointed Ian Tyler interim chair and began searching for a permanent replacement. Manifold rejected what he called “lies” about his behaviour, said no one at BP had raised conduct concerns with him during his tenure, and said his priorities on costs, performance, the balance s...