The Bad PlaceUS 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