Albert Manifold Disputes BP's Firing After 8 Months as Shares Drop 4%

7 articles · Updated · Bloomberg · May 27

Albert Manifold said a “false narrative” was forming around his abrupt exit after BP removed him as chairman on Tuesday.
BP fired him after just eight months in the role, saying it had “serious concerns” about governance standards, oversight and conduct.
BP shares fell 4% after the surprise dismissal, signaling investor unease over the boardroom upheaval.
The clash leaves BP facing fresh scrutiny over leadership stability at one of Europe’s biggest oil companies.

Was BP's chairman fired for his conduct or for clashing with the CEO he hired over the company's controversial fossil fuel pivot?

After three chairmen in three years, can BP's board fix its 'most volatile' culture, or is another leadership crisis inevitable?