BP takes $4bn-$5bn hit on green energy business
UK oil major suffers latest setback as it tries to pivot back to fossil fuels
Albert Manifold
Albert Manifold is shaking things up at BP
Green ambitions are giving way to a tougher, US-style oil-and-gas-first agenda
BP replaces CEO after less than two years
Move comes weeks after former CRH boss Albert Manifold became chairman
CRH’s US move pays off with S&P 500 inclusion
Construction materials giant to join index later this month
Can former building giant CRH boss Albert Manifold bring clarity to struggling BP?
It comes as the energy giant struggles with debt, strategic confusion, and activist investor pressure
Albert Manifold will not indulge sacred cows or ‘box ticking’ as incoming BP chairman
Former CRH boss faces myriad of issues at UK oil major
What do Ireland’s best paid chief executives earn?
Top executives’ average pay package rose by 31 per cent to €4.36m last year
Albert Manifold, Irish cement veteran hired to chair BP for pivot back to oil and gas
Muted market response to former CRH chief’s appointment belies reputation as ‘shrewd operator’ and ‘man on a mission’
BP appoints Irishman Albert Manifold as new chairman
Former CRH chief executive to succeed Helge Lund as chair of the UK oil major
New CRH chief executive Jim Mintern to earn up to $14.8m this year
Predecessor Albert Manifold received 2024 remuneration package of $13.6m
CRH sees earnings margins growing for 12th year on infrastructure spend
Results meet market expectations
Wall Street investors ask if CRH’s new boss will hive off non-US assets, including Ireland
Scale and prospects of US business drove 2023 decision to move CRH’s primary stock market listing to New York
Manifold bows out of CRH after almost 400% share price surge
Jim Mintern takes over as chief executive of building materials giant
CRH names CFO Jim Mintern as new chief executive
Irishman will replace Albert Manifold in role when he steps down at the end of the year
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