Former BP Chairman Albert Manifold said he'd been removed from his post "without warning and without explanation." His comments come after BP's board announced the removal of Manifold following "serio
Former BP Chairman Albert Manifold says he was fired without warning or explanation and will challenge the company's version of events, deepening the turmoil around the UK oil major's latest leadershi
Sources alleged Manifold's aggressive and unacceptable behavior towards colleagues.
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On May 26, 2026, BP PLC (BP) shares fell 3.9%, closing at $42.65. The stock has seen a 52-week range of $28.64 to $48.27, reflecting significant price volatilit
[url="]The Law Offices of Frank R. Cruz[/url] announces an investigation of BP p.l.c. (“BP” or the “Company”) (NYSE: [url="]BP[/url]) on behalf of inves
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of BP p.l.c. (“BP” or the “Company”) (NYSE: BP) on behalf of investors concerning the Company's possib

BP Shares Slide As Board Abruptly Removes Chair

02:05pm, Tuesday, 26'th May 2026
BP PLC (NYSE:BP) shares are trading lower Tuesday afternoon following a major, unexpected shakeup in the energy giant's boardroom. Here's what investors need to know.

Why BP plc Plunged Today

02:05pm, Tuesday, 26'th May 2026
BP abruptly removed its Chairman today. Albert Manifold had been a leader of BP's turnaround strategy after activist Elliott Management took a stake in the oil and gas giant last year.
BP (BP) ousted Chairman Albert Manifold over serious governance and conduct concerns, appointing Ian Tyler as interim chair. BofA raised Apple's (AAPL) price target to $380, citing AI assistant potent
BP's sudden removal of chairman Albert Manifold has unsettled investors and reignited concerns over governance and leadership stability. Analysts also warned the episode could weigh on sentiment towar
BP shares fell after the company ousted Chairman Albert Manifold over governance and conduct concerns, adding to years of executive upheaval.
CVX, XOM, BP, SHEL and CNQ offer high dividend yields, strong growth outlooks and rising earnings estimates amid market volatility.
Manifold was appointed to BP's board in October 2025 as part of a broader effort for the company to regain investor confidence. He opened his short tenure by reportedly asking employees to act with �
Shares in BP (LON: BP) slumped on Tuesday after the energy giant announced its board had removed chairman Albert Manifold in a shock move.
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