Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Economic Times
The Economic Times

DARK SECRETS: Former bp chair albert manifold denies wrongdoing after ouster | Vintage Vibes

London: Ousted BP Chair Albert Manifold said on Thursday that not everyone at the oil ‌major shared his ⁠priorities ⁠to cut costs and boost efficiency and acknowledged he may have "pushed hard" for ​change, but again denied any misconduct.

He also described newly appointed CEO Meg O'Neill ​and finance chief Kate Thomson, along with their executive colleagues, as "brimming with integrity".

In the latest leadership turmoil at BP, the board dismissed Manifold ​on Tuesday after just eight months ⁠in the ‌job, citing serious concerns over his governance standards.

Four sources ​with ​knowledge of the matter told Reuters that Manifold had ⁠acted aggressively towards colleagues across the company, which was ​one reason for his removal.

A BP spokesperson said ​on Thursday the group stood by its statements and had a duty of care to all its employees.

'DETERMINATION TO DRIVE CHANGE'

"Is it possible that in my determination to drive change on costs, performance, the balance sheet and shareholder communications, I pushed ‌hard and challenged people directly? Yes, it is," Manifold said in a statement.

"What I do not accept is ​that lies ​can be told ⁠about me, nor that anyone should be allowed to hide behind anonymity when commenting on my time at BP," he added.

A source with ​knowledge of the matter told Reuters on Wednesday that Manifold had hired law firm Mishcon de Reya to represent him after his dismissal.

A spokesperson for Manifold declined to comment on Thursday on any potential action he may take against BP.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.