BP Seeks to End Boardroom Turmoil as Amanda Blanc Plans Chair Exit
Amanda Blanc will step down at BP’s next annual meeting after leading the search for a new chair. She faced criticism over how board oversight and conduct issues, tied to Manifold’s brief tenure, were handled, which he disputed. Manifold had been tasked with refocusing strategy on fossil fuel extraction and dropping renewables. The turmoil follows CEO turnover, Looney’s resignation over incomplete disclosure, Auchincloss’s ouster, and Elliott’s pressure for improved performance.