- Albert Manifold was removed as BP chairman with immediate effect by the board, citing "serious concerns" regarding his conduct, oversight, and governance at the oil giant.
- Mr Manifold disputes these allegations, saying he was removed "without warning and without explanation" and will challenge what he calls a "false narrative" about his actions.
- The London-listed firm's board made a unanimous decision, but has not disclosed specific details about the nature of the conduct and governance issues that led to his dismissal.
- Ian Tyler has been appointed as interim chairman while a search for a permanent replacement is underway, following Mr Manifold's tenure, which began last October.
- Manifold's removal comes after almost a fifth of BP shareholder votes were cast against his election a month prior, with shareholder advisory group Glass Lewis raising governance concerns and climate activists criticising the handling of a resolution.
IN FULL
Ousted BP chief Albert Manifold hits out at ‘false narrative’ after sacking