All news on the topic: Albert Manifold

BP’s sudden decision last week to oust chair Albert Manifold eight months into the job stunned the City. For some who worked under him at his previous employer CRH, however, the mystery was why the oil major hired him in the first place.

Mr. Manifold said he "entirely" disputes the characterization of his conduct outlined by his former employer.

BP has agreed to sell a majority stake in its $10bn (£7.4bn) lubricants business Castrol to the US investment company Stonepeak, as the new chair, Albert Manifold, rapidly reshapes the under-pressure oil and gas company.