economy

BP removes chair Albert Manifold over ‘serious’ governance and conduct concerns

Oil company is FTSE’s biggest faller as chair departs immediately after only eight months in the role

BP removes chair Albert Manifold over ‘serious’ governance and conduct concerns

TL;DR

  • The chair of an oil company has departed.
  • The chair had been in the role for only eight months.
  • The company experienced the biggest fall on the FTSE.
  • The departure is linked to serious governance and conduct concerns.