BP destituyó a su presidente debido a serias preocupaciones relacionadas con “importantes estándares de gobernanza, supervisión y conducta”.

BP has ousted its chairman over what it called serious concerns related to “important governance standards, oversight and conduct.”

BP said its chairman would step down with immediate effect after issues related to governance standards, oversight and conduct were raised with the board.

BP shares fell after the company ousted Chairman Albert Manifold over governance and conduct concerns, adding to years of executive upheaval.

BP has dismissed its chairman Albert Manifold less than a year since he was appointed to the role, after “serious concerns” were raised about “governance standards, oversight and conduct,” the oil giant said Tuesday.

BP has ousted its chairman over what it called serious concerns related to “important governance standards, oversight and conduct.” The departure was unexpected, with Albert Manifold having

BP has ousted Chair Albert Manifold with immediate effect, it said on Tuesday, citing governance standards, oversight and conduct issues, just under eight months after he took office to help oversee a strategy revamp.

BP removed board chair Albert Manifold on Tuesday, citing "serious concerns" about "governance standards, oversight and conduct." Why it matters: BP has lost its CEO and now its board chair in the span of six months,