governance standards
Coverage of governance standards in the Nexus archive.
- BP’s ousted chair to challenge accusations
BP's former chair, Albert Manifold, plans to challenge accusations of governance violations and bullying behavior after his abrupt removal. The company faces leadership instability and investor pressure over climate strategy amid strategic shifts and failed attempts to block shareholder resolutions on emissions.
- Ousted BP chair Albert Manifold rejects ‘lies’ over his conduct
BP's board removed Albert Manifold as chair due to 'serious concerns' about governance standards, oversight, and conduct. Manifold has denied these allegations, calling them 'lies'.
- BP board removes chair over ‘conduct issues’
BP removed its chairman Albert Manifold less than a year after his appointment due to 'serious concerns' over his conduct and governance standards. The decision was made unanimously by the board, citing issues with his performance in the role.
- BP removes board chair, citing "conduct" concerns
BP removed board chair Albert Manifold over 'serious concerns' regarding governance standards, oversight, and conduct. This follows recent leadership turmoil, including the departure of two CEOs, as BP shifts focus back to its core oil and gas business. The company appointed Ian Tyler as interim chair while searching for a permanent replacement.
- Oil giant BP ousts chairman over 'conduct'
BP has removed its chairman due to serious concerns about governance standards, oversight, and conduct. The decision highlights internal governance issues at the oil giant.