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BP appoints former Balfour Beatty CEO Ian Tyler as chair after ousting Manifold
Tyler takes over immediately after BP’s three-month search and a leadership shake-up that followed Albert Manifold’s removal over governance and conduct concerns.
- On Wednesday, BP appointed Ian Tyler, former CEO of Balfour Beatty, as its permanent chairman. Tyler, who joined the board last year, had served as interim chairman since May.
- Tyler replaces Albert Manifold, whom BP fired in May after less than eight months, citing "serious concerns" regarding conduct. Manifold has "entirely" disputed the characterization of his tenure.
- Currently chairman of Grafton Group and a director at Anglo American, Tyler stated he will "lead the board's evolution" to support strategic priorities. BP noted he will review existing commitments to ensure appropriate time.
- This leadership transition coincides with CEO Meg O'Neill's arrival in April and Senior Independent Director Amanda Blanc's planned departure next year. Blanc will not stand for re-election at the annual general meeting.
- Manifold continues to reject the company's allegations, calling them a "false narrative" he will not let go unchallenged. He reportedly retained legal representation following his removal earlier this year.
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BP appoints former Balfour Beatty CEO Ian Tyler as chair after ousting Manifold
BP has appointed Ian Tyler, former CEO of building group Balfour Beatty , as its permanent chairman, it said on Wednesday, having fired Albert Manifold in May after less than a year in the position, citing governance and conduct concerns.
·London, United Kingdom
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BP appoints former Balfour Beatty CEO Ian Tyler as chair
BP has appointed Ian Tyler, former CEO of building group Balfour Beatty, as its permanent chairman, it said today, having fired Albert Manifold in May after less than a year in the position, citing governance and conduct concerns.
·Ireland
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Coverage Details
Total News Sources19
Leaning Left5Leaning Right3Center6Last UpdatedBias Distribution43% Center
Bias Distribution
- 43% of the sources are Center
43% Center
L 36%
C 43%
R 21%
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