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BP appoints former CRH CEO Albert Manifold as new chairman amid shareholder dissatisfaction.
BP has appointed Albert Manifold, former CEO of CRH, as its new chairman, replacing Helge Lund.
Manifold, who led CRH for ten years, will join BP on September 1 and officially take over as chairman on October 1.
The appointment comes amid shareholder dissatisfaction and criticism over BP's strategic shifts.
BP's shares rose 1% following the announcement.
Aviva CEO Dame Amanda Blanc praised Manifold for his focus on performance and transformation at CRH, making him the ideal candidate for BP's next chapter.
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BP nombra al ex CEO de CRH, Albert Manifold como nuevo presidente en medio de la insatisfacción de los accionistas.