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Wimbledon Tickets?

Here's an update from the UK Telegraph. It's behind a paywall, so I've copied it here. Seems AM was also questioning the hospitality spend, with particular reference to highly expensive Wimbledon tickets. I recall seeing photos of BL and his partner at the tournament in July 2023. Nice to know who was really paying for them.

Ousted BP chairman hits back over ‘excessive’ spending
Dismissed chairman suggests his ‘determination to drive change’ is behind misconduct allegations

Albert Manifold said his cost-cutting measures, such as foregoing limousines and private jets, may have ‘ruffled feathers’

Christopher Jasper

The ousted chairman of BP has attacked a culture of “excessive” spending at the oil giant, including purchasing tickets for sports events such as Wimbledon.

Albert Manifold suggested he had been forced out of BP after raising concerns over “unnecessary expenditure”.

Mr Manifold was dismissed without warning on Tuesday, with people close to the BP board suggesting he had been shown the door because of a “volcanic” temper, “bullying” and “verbal abuse”.

However, in a 769-word statement published on Thursday, Mr Manifold said he had been the victim of “lies” from people hiding behind “anonymity”.

He said that during a 40-year career he had “never once had accusations made against me such as those made in recent days”.

During his eight-month tenure at BP, Mr Manifold is understood to have proposed a crackdown on unnecessary spending, such as some corporate events.

Events attended by board members at the expense of the company are said to have included Wimbledon.

A source close to Mr Manifold said: “He feels that that is one of the reasons the board turned on him. Some members didn’t share his commitment to cost-cutting and budgeting.”

Ousted BP chairman hits back over ‘excessive’ spending
Dismissed chairman suggests his ‘determination to drive change’ is behind misconduct allegations

Albert Manifold said his cost-cutting measures, such as foregoing limousines and private jets, may have ‘ruffled feathers’

Christopher Jasper
Transport industry editor
28 May 2026 4:21pm BST

The ousted chairman of BP has attacked a culture of “excessive” spending at the oil giant, including purchasing tickets for sports events such as Wimbledon.

Albert Manifold suggested he had been forced out of BP after raising concerns over “unnecessary expenditure”.

Mr Manifold was dismissed without warning on Tuesday, with people close to the BP board suggesting he had been shown the door because of a “volcanic” temper, “bullying” and “verbal abuse”.

However, in a 769-word statement published on Thursday, Mr Manifold said he had been the victim of “lies” from people hiding behind “anonymity”.

He said that during a 40-year career he had “never once had accusations made against me such as those made in recent days”.

During his eight-month tenure at BP, Mr Manifold is understood to have proposed a crackdown on unnecessary spending, such as some corporate events.

Events attended by board members at the expense of the company are said to have included Wimbledon.

A source close to Mr Manifold said: “He feels that that is one of the reasons the board turned on him. Some members didn’t share his commitment to cost-cutting and budgeting.”

In response, a source close to BP suggested it would not have been unusual for the firm to take up tickets to entertain business clients at events such as Wimbledon.

BP also has a history of hosting politicians – many of whom have backed the oil industry – at the tournament, and was revealed in 2023 to have donated tickets worth more than £4,200 to two MPs and a government minister.

Before his removal, Mr Manifold reportedly clashed with BP’s company secretary and board member Ben Mathews over costs.

Mr Mathews, whose role is to advise the board on corporate governance, was a key architect in the push to oust Mr Manifold, according to the Financial Times. He has since been put on medical leave because of stress after having dealt with the departures of Mr Manifold and his predecessor Helge Lund in quick succession.

BP did not immediately respond to requests for comment regarding spending by directors.

In his statement, Mr Manifold said he was dismissed after he had “sought to streamline and refresh the board and started to advocate for a review of the workings of the board to improve efficiency”.

Called out excessive expenditure
Mr Manifold said he had wanted to “set an example” at BP and detailed how he demonstrated this by making his own coffee, buying his own lunch and resisting the use of private jets.

He added: “Where I saw unnecessary or excessive expenditure, I called it out. I had no interest in having a dedicated chauffeur-driven limousine at my beck and call on the occasions that I was in London.

“I, like most people, walked, took taxis, trains, etc. I had no interest in taking private aviation nor in availing myself of corporate tickets for sports events. I made my own coffee and bought my lunch in the local café. I sat in a small office, eschewing the grand corner-office privilege of previous chairmen.”

However, he said, those priorities “were not always shared by everyone”.

He added: “In business, small signals matter in driving change and contribute to ensuring no company has a culture of entitlement.

“All of this was my attempt to ensure the continuing independence and transparency of the board and the ongoing improvement in oversight and governance.”

Mr Manifold praised BP’s chief executive Meg O’Neill, its chief financial officer Kate Thomson and the wider executive team as being “among the finest people I have worked with”, saying they were “brimming with integrity”.


Fake smiles for Exec visits

Adnan stopped by and boy was that a waste of money and time! Fake smiles and selfies for everyone. Your lack ofsupport is not made up by these stupid visits! We are told to save money but Adnan is not holding back in his expenses! Dinner and drinks for the leadership team that could pay a weeks salary. Tip to executives no need to visit us


Frank delivered, like his personality or not.

This leadership under Mike is just moving deck chairs on the titanic!

  • expense out (severance)
  • expense in (all the new SVP's making millions each from JPM, know nothing about payments, bank software or anything other than consumer and commercial banking.
    Lots of luck, stock price down another 8%, I guess is improvement over the last few quarters with stock down 20-40%.

Ask the real questions

Highly encouraging everyone to ask the real questions during these "Ask me Anything" and "Purpose Corner Lives". Even if they don't acknowledge the questions, teammates see it. It means more than you know.

There’s a noticeable disconnect between leadership and the day-to-day reality for teammates. We hear about the company’s strong performance, major personal investments, leader's new homes, and international travel. At the same time, many employees are quietly struggling to keep up with basic expenses like groceries, gas, rent, and utilities.

People want to feel that the company’s success includes them, not just something they’re told about.


Layoffs in MGO now, 7-figure confab in May

Interesting to see that MGO is laying people off while at the same time having an insanely expensive love-in in Dallas for three days in May. Flying in everyone from outside of Dallas, the whole thing.

Did this in 2024 just a couple of weeks after another layoff round. This for now at least looks slightly less bad but still. Kind of nauseating watch Kellyn and friends yap about how great everything is after they ax a bunch of people.


EC achieve anything?

So the EC schlep to Lexington this week, spending first class money we don’t have, having another day off work and away from clients. But did they actually achieve anything that could not have been done remotely (or even at all)? I no the answer is no but it would nice to be told I’m wrong


Why are cafe prices so ridiculously expensive lol?

It's kinda nuts because the sushi they sell at the cafeteria is quite literally the same sushi you buy at HEB. Still has the original packaging and stickers - minus the HEB price tag - but charge almost double for it lol. 2 hard boiled eggs in a little container is $4.50? I can buy a dozen eggs for less than that. An egg, cheese and bacon breakfast taco is 3.50 but 99% of the time there is no cheese and/or bacon? yeah dawg, i'll just scan it, pretend to pay and leave.

Call it what you want but, if they are making us be in office 5 days/week then fu--ing step up the gd cafeteria food and make it a LOT cheaper. Not that I really care much as I only go to office from 10am-12pm anyways but jesus...


Increased expenses

Has anyone thought about the increase of expenses with having all these people in the office? Everyone washing their hands and using the restrooms all day (I drink a lot of water and use the restroom at least seven times a day), using tons of toilet paper and paper towels, drinking lots of water, coffee and tea, keeping the building warm enough or cool enough for everyone in the office… needing more supplies like copy paper, pencils, pens, notebooks…. I’d imagine the water and sewage bills would increase significantly. Thoughts?


Thoughts about the Dec. 16 town hall?

Here’s what I got out of it:

1) There is a new corporate strategy called Lead to One that is about focusing more on the consumer and personalization. (Every 5 years we claim we’re now going to focus on the consumer, but don’t actually make any of the necessary investments and then abandon it. So excuse me if I’m highly skeptical.)

2) Our expenses are way too high and need to be drastically reduced. (We’ve been hearing that for many years and yet the same leadership that hasn’t fixed it is still in place. Where should the blame be placed?)

3) Layoffs will definitely continue. Evanko said we’ll have fewer employees next year than this year. (No surprise there.)

4) We’re counting on AI to be our savior and are going to push as many things to AI as possible.

5) The only business that is performing well is specialty pharmacy.

6) The VillageMD investment and our attempt at creating a care delivery strategy was a failure. (Even though it’s obvious, I’m glad they actually admitted that. Interesting that the failed MDLIVE acquisition wasn’t mentioned though. I guess we just don’t talk about that.)

7) We’re going to do more lobbying and public relations to try to control the narrative about Cigna.

Did anyone hear something different? What did I miss?


Aviation Division

I saw MM just posted a position for a new corporate pilot salary of 240k to 320k. I was not aware that MM employs 14 pilots and an additional 21 highly paid support staff.
So let’s just say the average employee expense Is 200k a year that is at least 7 million in salaries plus the cost of the multiple aircraft, including insurance, flight fees, fuel, and whatever else is needed, the total expense is probably at least 10 million per year times the last ten years = 75 to 100 million accounting for inflation. Just so the SLT flys luxury and isn’t subjected to joe public ,the people RC always says MM value so much as our customers. All the while the average employee is nickel dimed on raises and benefits. Anyhow just wanted to share. Happy Holidays to all!


NBC New’s Program — Cost of Denial

Tonight’s episode on the 6:30pm news, showcased a gentleman Mr. Middleton, whom has Bile Duct Cancer was denied a life extending dr-g Ziihera that hos Oncologist and team recommended.

Cigna denied and suggested another dr-g that most likely would not extend Mr. Middleton’s life long enough to obtain the liver transplant he needs. Unlike the recommended dr-g Ziihera most likely would

Just another example as to how profits are being placed before member’s health. Our healthcare system is truly broken.

Oftentimes I hear persons say that reason why healthcare is so expensive in the U.S. is because of all the state of the art technology and research. And although I do not doubt that is the case, I think persons would take maybe less state of the art technologies and research, if they could at least have their healthcare actually save their life in an affordable way, when needed.

To use a metaphor, what good would it be if all commercial planes got replaced with an equivalent to airforce one, if because of that now, it would cost a person $20k to fly from San Diego to San Francisco?

Also, I think there is a lot of greed going on where C-Suite executives are getting paid millions, Large Bank Investors are making major profits, and because of that, which has been recognized by hospitals and providers now figure they might as well not be left out of the profit gains and charging exponential costs for services that would have cost a fraction in the 50’s, 60’s, and 70’s. And I won’t even bother mentioning Pharmaceutical manufacturers. I really do not know what to think about it nor what can be done.

Anyway, here below is a little about that news program, if you want to check it out.

(Not sure yet if Humana has ever been mentioned yet on this program but would not be surprised. Unless of course they pay off NBC a big fat check for millions to keep them out of any episodes.)

"The Cost of Denial" is an NBC News series that investigates the financial and emotional impact of insurance companies denying claims for health, home, or auto coverage. The series features stories of people struggling to get coverage for medical treatments, repairs, and medications, highlighting how insurers use processes like prior authorization to deny claims. NBC News provides an email, CostofDenial@nbcuni.com, for individuals to share their experiences with insurance denials.


Layoffs

On a recent visit to Home office, I noticed an open bar (with paid servers) providing free beer and wine each evening we were there. I’m at a bit of a loss as to how this helps clients and why it is better to have this than the home office representatives who were laid off.