BP's Leadership in Turmoil: Amanda Blanc to Lead Chair Search for Second Time In a surprise move, BP has entrusted senior independent director Amanda Blanc to oversee the search for a new chair, just days after the abrupt departure of Albert Manifold from the role. Despite some investor concerns over Blanc's involvement in the process, the oil giant has expressed confidence in her ability to lead the search. This decision comes as a significant development in the company's leadership crisis, with some shareholders questioning the wisdom of Blanc's involvement given her role at the company. As BP navigates this challenging period, the outcome of the chair search will be closely watched by investors and industry observers alike.
Senior independent director to handle process again after Albert Manifold’s shock departure last weekBusiness live – latest updatesBP has backed Amanda Blanc to lead its search for a new chair for a second time, shrugging off investor concerns over her role at the company after the shock departure of its chair last week.Some shareholders have voiced concerns over Blanc, the senior independent director at the British oil company, running the process again after Albert Manifold’s short stint as chair. Continue reading...
