BP unanimously votes to remove Chairman Albert Manifold
BP's board has voted unanimously to remove Chairman Albert Manifold due to serious concerns about his conduct. Senior Independent Director Amanda Blanc expressed the company's disappointment over governance issues deemed unacceptable. Ian Tyler has been appointed as interim chair while the search for a permanent replacement begins.
- ▪BP's board unanimously voted to remove Albert Manifold as chairman.
- ▪The decision was made after serious concerns about his conduct were raised.
- ▪Ian Tyler has been appointed as interim chair during the succession process.
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BP on Tuesday said its board unanimously voted to remove chair and director Albert Manifold after “serious concerns” were raised to the board about his conduct. Amanda Blanc, Senior Independent Director at BP, said in a statement that the oil giant “has been surprised and disappointed to learn of governance oversight and conduct issues it deems unacceptable and has taken decisive action.” Recommended Stories California officials say threat of catastrophic chemical explosion in Orange County eliminated Zeldin says ‘a low-volume release’ may contain Garden Grove chemical crisis: What to know Trump administration leans on coal power plants to address rising energy demand Manifold was appointed to the position less than a year ago when the company was undergoing sever leadership turmoil and…
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