BP board removes chair over ‘conduct issues’
BP's board has removed its chairman, Albert Manifold, due to concerns over his conduct and governance standards. The decision was made unanimously by the board, which cited issues with Manifold's oversight and behavior as the reason for his removal. The company has appointed Ian Tyler as interim chair while it searches for a new permanent leader, with Tyler expressing confidence in the company's current leader, Meg O'Neill.
- ▪Albert Manifold has been removed as BP's chairman due to concerns over his conduct and governance standards.
- ▪The board's decision was unanimous and cited issues with Manifold's oversight and behavior as the reason for his removal.
- ▪Ian Tyler has been appointed as interim chair while the company searches for a new permanent leader.
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Business BP board removes chair over ‘conduct issues’ Comments: by Sarah Davis - 05/26/26 10:28 AM ET Comments: Link copied by Sarah Davis - 05/26/26 10:28 AM ET Comments: Link copied NOW PLAYING BP announced on Tuesday that its chairman is out less than a year after his appointment, following “serious concerns” about his actions in the role. The major oil company’s board said in a statement released Tuesday that it “unanimously” made the decision to remove Albert Manifold from this role, citing issues with his “governance standards, oversight and conduct.” “Albert has helped bring a welcome focus and pace to BP’s transformation,” said the company’s Senior Independent Director Amanda Blanc.
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