BP has removed its board chair, Albert Manifold, due to serious concerns regarding governance standards, oversight, and conduct. This marks the latest leadership change for the energy company, which has seen its CEO and now board chair depart within the last six months. The company's senior independent director noted Manifold's contributions to BP's transformation but stated the board was disappointed by unacceptable issues. Ian Tyler has been appointed interim board chair. AI
RANK_REASON Significant leadership change at a major energy company due to governance and conduct issues. [lever_c_demoted from significant: ic=1 ai=0.0]
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