BP PLCBP
▼ NegativeRegulationrelevance
Board turmoil and governance issues may undermine investor confidence
Impact on stocks 2
Energy Transition & Power Demand
BP PLCFinancials
Aviva PLCAV
Mentioned
Former BP chairman Albert Manifold was drawing up plans to remove senior independent director Dame Amanda Blanc before his own ouster in May. Manifold intended to impose strict six-year term limits that would have cut the board from 10 to eight members, with Dame Amanda and Johannes Teyssen earmarked for departure. The proposals were never formally presented, and BP stated no board reform discussion was scheduled. Manifold was dismissed after serious allegations related to conduct, which he has denied, while BP has tasked Dame Amanda with finding his replacement.
BP PLCBoard turmoil and governance issues may undermine investor confidence
Aviva PLC