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BP appoints former Balfour Beatty CEO Ian Tyler as chair after ousting Manifold
The oil major said the move follows a three-month search and comes amid a wider leadership shake-up after Meg O'Neill became chief executive.
- 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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32 Articles
32 Articles
For months BP searched internally and externally for a successor for the fired Albert Manifold. Now it is clear who will take over the head position on the board of directors permanently.
·Düsseldorf, Germany
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Coverage Details
Total News Sources32
Leaning Left6Leaning Right6Center9Last UpdatedBias Distribution43% Center
Bias Distribution
- 43% of the sources are Center
43% Center
L 29%
C 43%
R 28%
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