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BP Names Albert Manifold Chairman to Succeed Lund

BP Names Albert Manifold Chairman to Succeed Lund

BP named Albert Manifold as its new chairman, replacing Helge Lund from the start of October.
The appointment comes as the British energy major slashes green spending and pivots back to oil amid pressure from investors. Lund, regarded as one of the key architects of BP's now-jettisoned strategy, said in April that he would be stepping down.
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