Albert Manifold removed as BP chair over governance issues

Albert Manifold has been removed as chairman of BP after just eight months due to significant governance concerns raised to the board. His departure follows a series of leadership changes at the company, which includes the abrupt exits of CEO Murray Auchincloss and previous chairman Bernard Looney. BP’s stock fell by over 4 percent in both US and UK markets following the announcement, reflecting investor unease about the company’s stability and governance issues.

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