BP Fires Chairman Albert Manifold After 8 Months Over Elliott Private Meetings and Governance Issues

GateNews
According to Reuters, BP dismissed chairman Albert Manifold this week, less than eight months into his tenure, citing governance and conduct violations. The decision followed undisclosed private meetings Manifold held with activist investor Elliott Management without direct notification to the board. In addition to the meetings with Elliott, Manifold faced allegations of workplace bullying toward executives and staff that concerned board members.
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