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BP Names Albert Manifold Chairman

Reuters on MSN · 1d

BP names outsider Albert Manifold as chairman as investors push for turnaround

BP named outsider Albert Manifold, the former boss of building materials producer CRH , as its new chairman on Monday, as it grapples with a major strategy reversal in an attempt to turn around a weak share performance.

Yahoo Finance · 1h

BP Names CRH's Albert Manifold as New Chairman Amid Turnaround Push

Though new to the energy sector, Manifold is seen as a capable turnaround executive with experience in portfolio restructuring and cost discipline. The move comes after BP backed away from aggressive renewables investments and faced pressure from activist investor Elliott Investment Management,

The Times of Northwest Indiana · 1h

BP names new board chair

BP named a new board chair after activist shareholders pressured the company to move in a new direction. The London-based multinational that counts the BP Whiting Refinery as its largest refinery globally picked Albert Manifold to replace Helge Lund.

1don MSN

Baptism of fire for new BP chairman: Oil giant accused of 'panic appointments'

Albert Manifold, the former chief executive of building materials company CRH, will join the BP board in September and take ...

1don MSN

BP names new chair after Helge Lund quits amid shareholder pressure

The company announced plans in February to slash renewable energy investment and pivot back to oil and gas. Nearly a quarter ...

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