BP chair removed over 'serious' conduct concerns
BP has removed its chair, Albert Manifold, due to serious concerns regarding governance and conduct. The board expressed surprise and disappointment over the issues, which they deemed unacceptable. Ian Tyler has been appointed as the interim chair immediately following this decision.
- ▪BP has removed its chair, Albert Manifold, over serious concerns related to governance standards and conduct.
- ▪The board was surprised and disappointed to learn of the unacceptable governance oversight issues.
- ▪Ian Tyler has been appointed as the interim chair effective immediately.
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BP chair removed over 'serious' conduct concernsJust nowShareSaveAdd as preferred on GoogleGetty ImagesOil giant BP has removed its chair Albert Manifold over "serious concerns" related to "important governance standards, oversight, and conduct".Senior independent director Amanda Blanc said the board had been "surprised and disappointed to learn of governance oversight and conduct issues it deems unacceptable and has taken decisive action".Ian Tyler has been appointed interim chair with immediate effect.Manifold had been in the position less than a year.CompaniesBPOil & Gas industry
Excerpt limited to ~120 words for fair-use compliance. The full article is at BBC News — Business.