Ousted BP Chair denies misconduct, admits pushing hard

Ousted BP Chair Albert Manifold denied misconduct but acknowledged he may have 'pushed hard' for change at the oil major, days after the board removed him over serious concerns about his governance standards after just eight months in the role. #News #Reuters #Newsfeed #britishpetroleum #bp #oilcompany Read the story here: 👉 Subscribe: Keep up with the latest news from around the world: Follow Reuters on Facebook:…

https://fllics.com/en/video/ousted-bp-chair-denies-misconduct-admits-pushing-hard/

Albert Manifold, the chair of BP, was removed without warning due to concerns about his governance standards and conduct. He disputes the characterization of his conduct, and the company has begun searching for a new chair 📉💼.
#DiscoverHeadlines #BP #EnergyNews...

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https://www.discoverheadlines.com/2026/05/bp-chair-albert-manifold-removed_01195399123.html

The Guardian | Fired BP chair disputes oil company’s claims of poor conduct by Joanna Partridge

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Albert Manifold, who was appointed chair of BP in October 2025, was removed with immediate effect after less than a year in the role; he says he was dismissed without warning or explanation and fully disputes the board’s characterisation of his conduct as aggressive or unacceptable, insisting the narrative is false. BP announced it had serious concerns about his governance standards and oversight following a whistle‑blower report that indicated a pattern of unacceptable behaviour, and it named interim chair Ian Tyler while it begins a search for a permanent replacement. Manifold had earlier ousted chief executive Murray Auchincloss and hired Meg O’Neill, claiming he was driving cost cuts and higher standards, but the board’s decision sparked fresh turmoil and a further slide in BP’s share price.

Read more: https://www.theguardian.com/business/2026/may/27/fired-bp-chair-albert-manifold-disputes-oil-companys-claims-of-poor-conduct

#AlbertManifold #BP #business #energyindustry #oilandgascompanies #MurrayAuchincloss #MegONeill #IanTyler

US Top News and Analysis | BP's ousted chairman Albert Manifold disputes accusations over his conduct

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Former BP chairman Albert Manifold said he was removed “without warning and without explanation,” disputing the board’s characterization of his conduct. BP announced his dismissal after “serious concerns” about governance standards, oversight and conduct, noting that the company was “surprised and disappointed” by the issues. Manifold, who had led Irish building‑materials group CRH before joining BP and served only about seven months, claimed he had driven cost‑cutting, challenged excess and held the organization to higher standards, and he rejected the allegations of aggressive behavior toward colleagues. The news sent BP’s London‑listed shares down about 1.7 % on Wednesday morning.

Read more: https://www.cnbc.com/2026/05/27/bp-albert-manifold-chairman-energy-oil.html

#AlbertManifold #AmandaBlanc #BP #CRH #CNBC

Home - CBSNews.com | BP ousts recently appointed chair over "conduct issues"

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BP abruptly removed its chair, Albert Manifold, on Tuesday after the board identified “serious governance and conduct concerns,” ending his tenure less than a year after his appointment. The board voted unanimously to remove Manifold as both chair and director, with senior independent director Amanda Blanc describing the issues as “unacceptable.” BP named Ian Tyler—chair of Grafton Group and a BP board member since April 2025—as interim chair while it begins a search for a permanent replacement. Manifold, formerly the head of Dublin‑based CRH, had been hired to help steer BP amid a downturn; the company’s 2025 earnings fell 16% to $7.49 billion as Brent crude prices dropped nearly 17%, and its shares slid about 5% on the NYSE following the announcement.

Read more: https://www.cbsnews.com/news/bp-chair-albert-manifold-removed-governance-conduct-concerns/

#BP #AlbertManifold #AmandaBlanc #IanTyler #NYSE #MeganCerullo

BP chair removed over ‘unacceptable’ governance oversight and conduct issues; UK petrol prices hit new Iran war high – as it happened
By Graeme Wearden

Rolling coverage of the latest economic and financial news

https://www.theguardian.com/business/live/2026/may/26/oil-price-bonds-rally-markets-us-iran-peace-deal-hopes-retail-inflation-growth-live-updates

#Business #Economics #Oil #Stockmarkets #FTSE #BP #GraemeWearden

News Headlines | BP ousts chairman Manifold in surprise move

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BP announced that chairman Albert Manifold has been removed with immediate effect after the board raised “serious concerns” about governance standards, oversight and conduct; the decision, made unanimously, follows his appointment only months earlier to steer a strategic shift back toward fossil fuels. Senior independent director Amanda Blanc, who oversaw Manifold’s appointment, said the board was “surprised and disappointed” by the unacceptable issues, and Ian Tyler has been named interim chair while a search for a permanent replacement begins. Shares fell up to 5% after the announcement.

Read more: https://www.rte.ie/news/business/2026/0526/1575328-bp-albert-manifold/

#BP #AlbertManifold #MegONeill #AmandaBlanc #IanTyler