BP Former Chairman Clashed With Director Over Deal Talks
Former BP chairman Albert Manifold reportedly clashed with director Simon Henry over the handling of sensitive deal negotiations prior to his removal. The dispute involved accusations of overstepping authority and poor governance standards.
BP PLC ousted Chairman Albert Manifold on Tuesday following internal clashes with director Simon Henry over deal negotiations. The board expressed serious concerns about his governance standards, oversight, and conduct. Manifold said he was removed without warning and disputed the characterization of his conduct.
### Internal Friction Over Deal Communications Manifold reportedly accused Henry of overstepping his authority and excluding other directors from critical communications during potential deal talks, people familiar with the matter said. Henry denied any mishandling of the negotiations and argued that Manifold mischaracterized their conversations.
