Why was BP Chairman Albert Manifold fired less than one year into his tenure?

BP's board dismissed Chairman Albert Manifold 'with immediate effect' due to 'serious concerns regarding governance standards, oversight responsibilities and conduct', as stated in the company's official announcement. Senior independent director Amanda Blanc confirmed the board was 'shocked and disappointed' by 'unacceptable governance failures and inappropriate behaviour', prompting 'decisive action'. The decision was made unanimously by the full board.

Who is replacing Albert Manifold as BP's chairman, and what is the next step in the leadership process?

Ian Taylor has been appointed as interim chairman of BP with immediate effect, following Manifold's dismissal. The company has also launched a formal search process to appoint a new permanent chairman.

BP Fires Chairman Less Than One Year Into Tenure

May 27, 2026

BP's board dismissed Chairman Albert Manifold citing governance concerns, appointing Ian Taylor as interim. This follows recent leadership instability and strategic shifts at the energy giant.

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