BP PLC ADR

BP: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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BP: Removal of Chair Creating Turmoil, but Strategic Direction Unlikely to Change

Allen Good

May 27, 2026

BP announced the removal of Albert Manifold as chair and director, effective immediately, due to "serious concerns" related to important governance standards, oversight, and conduct. Shares fell 4% on the news.

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BP PLC ADR

BP: Removal of Chair Creating Turmoil, but Strategic Direction Unlikely to Change

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