BP Fires CEO Albert Manifold Amid Serious Governance and Conduct Concerns
BP, the British energy giant, has ousted its chairman, Albert Manifold, with immediate effect, citing “serious concerns” regarding governance standards, oversight, and conduct. The surprise announcement, made Tuesday morning, triggered a swift reaction in the financial markets, with the company’s London-listed shares falling as much as 9% before stabilizing. BP’s board announced the immediate removal … Read more