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AXIOS (Ben Geman) - BP removes board chair, citing "conduct" concerns

BP removed board chair Albert Manifold on Tuesday, citing "serious concerns" about "governance standards, oversight and conduct." Why it matters: BP has lost its CEO and now its board chair in the span of six months, the latest leadership turmoil for a company that has cycled through CEOs during its strategic pivot. - Manifold had been chair since October. - New CEO Meg O'Neill was appointed in December following the surprise resignation of Murray Auchincloss after roughly two years in the role. She took over in April. - Auchincloss took the reins in September 2023 after then-CEO Bernard Looney abruptly left amid a probe into his personal relationships within the company. Catch up quick: In recent years, BP has pivoted back toward its…

NYTIMES (Gregory Schmidt) - BP Ousts Chairman, Citing ‘Serious Concerns’ Over Conduct

The British oil group said that Albert Manifold had been removed, after concerns were raised “related to important governance standards, oversight and conduct.”