Report: Ousted BP chairman held private meetings with activist investor Elliott during his tenure, while other directors were not directly informed
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Earlier this week, BP dismissed Manifold, who had been in office for less than eight months, dealing a heavy blow to the management team's efforts to prove the company's situation had stabilized. When removing Manifold, BP cited issues of governance and conduct. According to sources, in addition to allegations of workplace bullying towards both executives and junior staff that shocked the board, another reason—previously unreported—was Manifold's meeting with Elliott. (Reuters)
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