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BP removes Chairman Albert Manifold in surprise move

BP removes Chairman Albert Manifold in surprise move

BP removes Chairman Albert Manifold in surprise move 150 150 admin

May 26 (Reuters) – BP said on Tuesday it had removed Chairman Albert Manifold with immediate effect, citing “unacceptable” governance oversight and conduct issues.

Manifold was appointed to the role in October, although he received  lower-than-typical support. He has been pushing for a faster shift back to oil and gas investments.

The energy major said it had appointed Ian Tyler as interim chair while it starts searching for a permanent replacement.

(Reporting by Raechel Thankam Job in Bengaluru; Editing by Anil D’Silva)

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