BP's ousted chairman Albert Manifold disputes accusations over his conduct
Albert Manifold, the former chairman of BP, has disputed accusations regarding his conduct following his unexpected removal from the company. He claims he was dismissed without warning and challenges the characterization of his behavior as aggressive. BP's board cited serious concerns about governance standards and oversight as reasons for his departure.
- ▪Albert Manifold was removed from his position as chairman of BP due to serious concerns about governance standards.
- ▪He disputes the characterization of his conduct and claims he was dismissed without warning.
- ▪Manifold had only been in the role for about seven months before his removal.
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Former BP Chairman Albert Manifold has pushed back against accusations over his conduct following his shock departure from the British energy major.In an emailed statement to CNBC, Manifold said he'd been removed from his post "without warning and without explanation" and that he disputes "entirely the characterisation" of his conduct.His comments come after BP's board on Tuesday announced the removal of Manifold due to "serious concerns" relating to governance standards, oversight and conduct.
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