HOUSTON — London-based BP PLC (NYSE: BP), which has its U.S. headquarters in Houston, said May 26 that Albert Manifold is no longer its chairman.
The board unanimously decided to remove Manifold from the position and the board, effective immediately, after “serious concerns” were raised “related to important governance standards, oversight and conduct,” a news release states. The release did not elaborate on the specific concerns.
“Albert has helped bring a welcome focus and pace to BP’s transformation,” Amanda Blanc, senior independent director at BP, said in the release. “However, the board has been surprised and disappointed to learn of governance oversight and conduct issues it deems unacceptable and has taken decisive action.”
Ian Tyler, who has been on BP’s board since April 2025, has been named interim chair. The board will begin the process to select a permanent chair.
