A buyer fills up a car with gasoline at a BP Plc petrol station in London, UK, on Monday, Aug. 4, 2025.
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Former BP Chairman Albert Manifold has pushed again in opposition to accusations over his conduct following his shock departure from the British power main.
In an emailed assertion to CNBC, Manifold stated he’d been faraway from his submit “with out warning and with out clarification” and that he disputes “fully the characterisation” of his conduct.
His feedback come after BP’s board on Tuesday introduced the elimination of Manifold as a consequence of “critical considerations” regarding governance requirements, oversight and conduct.
Amanda Blanc, senior impartial director at BP, thanked Manifold’s contribution to BP’s ongoing transformation however stated the board had been “shocked and dissatisfied to study of governance oversight and conduct points it deems unacceptable.”
A number of media retailers reported Manifold had acted aggressively with totally different colleagues throughout his transient tenure on the firm, citing nameless sources. CNBC has contacted a BP spokesperson and is awaiting a response.
Manifold, the previous boss of Irish constructing supplies big CRH, had solely been in submit for round seven months, and his dismissal has as soon as once more raised questions on BP’s company governance.
“Throughout my time as chairman I labored to drive real change at BP – slicing prices, difficult extra, and holding the organisation to larger requirements,” Manifold stated.
“I dispute fully the characterisation of my conduct and I cannot permit a false narrative to go unchallenged,” he added.
London-listed shares of BP traded 1.7% decrease on Wednesday morning.
