BP removes Chairman Albert Manifold from his role with immediate effect, citing serious concerns about governance, oversight, and conduct. Multiple outlets report that BP’s board makes the decision unanimously, with Manifold removed not only as chair but also as a director. Amanda Blanc, BP’s senior independent director, says the board is surprised and disappointed to learn of governance, oversight, and conduct issues it deems unacceptable, and states the board takes decisive action. The coverage also notes that the abrupt departure occurs less than one year after Manifold’s appointment and only months after he is named to help oversee a strategy revamp. Several reports add that BP appoints another board member, Ian Tyler, as interim chairman following Manifold’s removal. Bloomberg and other outlets describe the action as tied to the board’s view that standards and oversight were not meeting expectations. CNBC and others also mention that BP shares fall after the announcement, reflecting market reaction to the sudden change in leadership. The reports present the board’s rationale as governance- and conduct-related, without detailing specific allegations.