BP has announced the immediate departure of its chairman, Albert Manifold, following allegations of bullying. The board stated it acted unanimously after receiving serious concerns regarding his conduct.
Manifold, who had served as chairman for less than a year, was appointed in January 2025. The allegations were brought to the board's attention through an internal process, leading to an investigation.
In a statement, BP said: 'The board has unanimously decided that Albert Manifold should step down as chairman with immediate effect, following serious concerns relating to his conduct.' The company did not provide further details on the nature of the allegations.
Manifold's departure adds to a period of upheaval for the oil giant, which has been navigating a transition towards renewable energy while facing pressure from investors. The board has begun the search for a new chairman.
