BP’s boardroom turmoil deepens: Albert Manifold ousted over governance and conduct concerns
BP has removed chairman Albert Manifold with immediate effect, citing serious concerns over governance standards and conduct. Manifold disputes BP’s version of events, saying he was removed without warning and would challenge what he called… You must be a Premium Subscriber to read this. You must be a Premium Subscriber to view this content. You […]
BP board hit by investor climate rebellion after axing net-zero plans
BP’s board was hit by a shareholder backlash at Thursday’s AGM, with investors rejecting two board-backed resolutions giving chair Albert Manifold only 81.8% support – well below the near-unanimous margins UK boards usually expect. The flashpoint was climate governance. Shareholders refused to let BP scrap two longstanding climate-reporting commitments, while major proxy advisers and big […]