BP names Ian Tyler permanent chair after firing Albert Manifold

BP appointed Ian Tyler, former Balfour Beatty CEO, as permanent chair after firing Albert Manifold in May.

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from the fact record

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BP appointed Ian Tyler, former CEO of Balfour Beatty, as its permanent chair, succeeding Albert Manifold who was fired in May 2026 over governance and conduct concerns. ^[1] BP appointed Ian Tyler as its permanent president on Wednesday, following the dismissal of Albert Manifold in May. ^[2] Amanda Blanc, BP's senior independent director who oversaw the appointments of Manifold and Tyler, will not seek re-election at the 2027 annual general meeting and will step down once a successor is found. ^[3] BP CEO Meg O'Neill, the fifth CEO since 2020, outlined five priorities in May 2026 including strengthening the balance sheet, simplifying the portfolio, tightening investment discipline, improving operational performance, and creating structures for faster decision-making and accountability. ^[4] BP's share price fell 0.6% by 1303 GMT on the day of the announcement, versus a 0.2% fall in the European energy sector, while BP shares have gained 25% year to date in 2026, in line with Shell shares. ^[5] BP cited governance and conduct issues as the reasons for dismissing Albert Manifold after less than a year in the role. ^[6] Ian Tyler, former CEO of construction group Balfour Beatty, joined BP's board last year and served as interim president since May. ^[7] Amanda Blanc, who supervised both Manifold's and Tyler's appointments, will not seek re-election at next year's annual general meeting and will resign upon finding a successor. ^[8]

What this stands on

BP appointed Ian Tyler, former CEO of Balfour Beatty, as its permanent chair, succeeding Albert Manifold who was fired in May 2026 over governance and conduct concerns. · Business Day

BP appointed Ian Tyler as its permanent president on Wednesday, following the dismissal of Albert Manifold in May. · El Economista

Amanda Blanc, BP's senior independent director who oversaw the appointments of Manifold and Tyler, will not seek re-election at the 2027 annual general meeting and will step down once a successor is found. · Business Day

BP CEO Meg O'Neill, the fifth CEO since 2020, outlined five priorities in May 2026 including strengthening the balance sheet, simplifying the portfolio, tightening investment discipline, improving operational performance, and creating structures for faster decision-making and accountability. · Business Day

BP's share price fell 0.6% by 1303 GMT on the day of the announcement, versus a 0.2% fall in the European energy sector, while BP shares have gained 25% year to date in 2026, in line with Shell shares. · Business Day

BP cited governance and conduct issues as the reasons for dismissing Albert Manifold after less than a year in the role. · El Economista

Ian Tyler, former CEO of construction group Balfour Beatty, joined BP's board last year and served as interim president since May. · El Economista

Amanda Blanc, who supervised both Manifold's and Tyler's appointments, will not seek re-election at next year's annual general meeting and will resign upon finding a successor. · El Economista

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