Top BP executive fired for misconduct

BP top executive Albert Manifold has been sacked after just 238 days. According to the British oil giant, it was because of “misconduct”, but a difference in vision was also said to be at the root of it.
Things have been storming at the top of BP for a while. In a good two and a half years, the group has already lost three CEOs and two board chairmen, including recently Albert Manifold. The Irish businessman was summarily dismissed on Tuesday last week after barely 238 days as chairman, “for misconduct”.
After a failed attempt to get BP to commit fully to the energy transition, the company was forced to return to fossil fuels entirely under Manifold and his appointed ceo Meg O’Neill. Yet the initial good results did not help him. At a meeting in late April, already 18 per cent of shareholders voted against his appointment because they disagreed with his intention to phase out BP’s climate reporting.
Coup
That Manifold now has to go soon after, however, has to do with complaints about his management style. Voices within the company speak of “unacceptable behaviour” and that he did not respect the company’s duty of care to protect all employees. According to BBC and others, there was allegedly bullying behaviour. He would also have acted as the real decision-maker, whose ideas were only to be implemented by the ceo. As a result, O’Neill co-approved his dismissal. Manifold disputes the allegations and speaks of a “coup”.
According to The Wall Street Journal, substantive disagreements are also said to be at the root of the conflict. The US newspaper revealed on Friday that tensions had been hanging in the boardroom for months around sensitive discussions about a business deal.
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