BP Leadership Turmoil: Inside the Manifold-Henry Clash

BP ousted chairman Albert Manifold after clashes with fellow director Simon Henry over governance issues in potential deal discussions. Manifold disputed allegations against him, accusing Henry of overstepping authority, though Henry denied mishandling talks. Tensions also existed between Manifold and former CEO Murray Auchincloss.

BP has dismissed its chairman, Albert Manifold, following internal disagreements with director Simon Henry, according to the Wall Street Journal. The conflict centered around negotiations for a potential deal.

Manifold contended that he was removed abruptly and challenged criticisms regarding his conduct. In private discussions, he accused Henry of improperly asserting authority and alienating other board members, claims Henry refuted.

A spokesman for Manifold denied these accusations against Henry, asserting they were unfounded. Disputes also reportedly involved former CEO Murray Auchincloss. BP has not officially commented on the incident.