Business & Finance
BP names Ian Tyler as permanent chair following boardroom turmoil
The oil major promotes its interim chair after the contentious ouster of Albert Manifold, while senior director Amanda Blanc plans her exit.
The short version
- BP appointed interim chair Ian Tyler as its permanent board chair with immediate effect.
- The move follows the abrupt dismissal of former chair Albert Manifold in May over governance and conduct issues, which Manifold disputed.
- Senior independent director Amanda Blanc announced she will step down at the next annual general meeting after a successor is identified.
- Tyler takes leadership as BP navigates a strategic pivot refocusing on fossil fuel production and scaling back renewable energy investments.
Key facts
- BP appointed Ian Tyler as permanent chair after he served as interim chair following Albert Manifold's removal in May.[The Guardian · CNBC]
- Albert Manifold was dismissed after roughly eight months in the post due to board concerns regarding governance oversight and conduct.[The Guardian · CNBC]
- Manifold disputed the allegations against him, stating that BP removed him without warning or explanation.[The Guardian · CNBC]
- Senior independent director Amanda Blanc will step down from the board at the next annual general meeting once a successor is appointed.[The Guardian · CNBC]
- Tyler has served on BP's board as a non-executive director since April 2025 and previously held executive and non-executive roles across infrastructure, mining, and energy companies.[The Guardian · CNBC]
What remains uncertain
- The timeline for appointing a successor to senior independent director Amanda Blanc has not been detailed beyond her plan to exit by the next annual general meeting.[The Guardian · CNBC]