BP ousted Albert Manifold after eight months as chairman, citing serious concerns about governance standards, oversight, and conduct. BP did not provide further details, but people close to the company reported complaints about aggressive behavior toward employees, mishandling sensitive information, and attempts to bypass the board. Manifold said no one raised issues about his conduct or relationships during his tenure and disputed the characterization of his conduct. His dismissal followed leadership upheaval at BP, including multiple chief executive changes, and raised questions about internal processes during efforts to recover from poor performance. BP said it stood by its statement and had a duty of care to employees impacted by his behavior. Manifold acknowledged pushing hard to drive change while denying that it matched the allegations.
"At no point in my tenure as chairman of BP has anyone raised with me any issue about my conduct or my relationship with my colleagues. I dispute entirely this characterisation of my conduct."
"We stand by the statement we have made. We have a duty of care to all our employees, particularly those impacted by his behavior."
"Is it possible that in my determination to drive change on costs, performance, the balance sheet and shareholder communications, I pushed hard and challenged people directly? Yes, it is. But there is a considerable distance between driving an organisation with urgency and the characterisation of my conduct that is now being put about."
"BP ousted Manifold on Tuesday after eight months on the job, citing serious concerns related to "governance standards, oversight and conduct." The company didn't provide further details in its statement, but people close to BP who requested anonymity said there had been complaints about aggressive behavior by Manifold toward employees, as well as of mishandling sensitive information and seeking to bypass the board."
Read at Irish Independent
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