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News

BP taps Albert Manifold

Financial Times · 1d
Albert Manifold, cement veteran hired to chair BP for pivot back to oil and gas
Muted market response to former CRH chief’s appointment belies reputation as ‘shrewd operator’ and ‘man on a mission’
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 · 14h
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,
1don MSN

Baptism of fire for new BP boss: Oil giant accused of 'panic appointments' as activist Elliott attacks 'chronic' failings

Albert Manifold, the former chief executive of building materials company CRH, will join the BP board in September and take ...
1don MSN

Elliott urges new BP chair to tackle operational underperformance

Elliott Investment Management, one of BP's largest shareholders, on Monday called on the energy giant's new chairman Albert ...

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