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BP Chairman Albert Manifold Ousted Over Governance Concerns

BP's board removed Chairman Albert Manifold on Tuesday, citing serious governance and conduct violations during his nearly eight-month tenure. Manifold, who previously led Irish building materials firm CRH, faced allegations of aggressive behavior toward colleagues. In a statement Thursday, Manifold rejected what he characterized as false claims about his leadership style. He accepted the board's removal decision but disputed the conduct allegations, stating he pushed hard and challenged people directly in his role. Manifold also objected to anonymous sourcing in media reports about his departure, arguing critics should not be permitted to comment without attribution.