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CNBC
Oil major BP completes search for chair after boardroom upheaval
BP has announced the appointment of Ian Tyler as its new chair of the board after the unexpected dismissal of his predecessor, Albert Manifold. Tyler, who joined BP's Board in April 2022 and has served as interim chair since May, brings considerable experience to the role. Furthermore, Dame Amanda Blanc, BP's senior independent director, has confirmed she will not seek re-election in 2027 and will step down once a successor is identified. These changes signal a transition in BP's governance as the company navigates its future direction.
MonitorConfidence: MediumShort term horizon
Published 2 Sept 2026, 06:55 UTC1 min read
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Summary
TL;DR
- Ian Tyler appointed as BP's new chair
- Predecessor Albert Manifold dismissed unexpectedly
- Dame Amanda Blanc will not stand for re-election
- Tyler has experience in governance and oversight
- Leadership changes reflect BP's evolving direction
Interesting facts
- Tyler had been serving as a non-executive director before his chair appointment
- Blanc's decision to leave after four years suggests a strategy for renewal
- The leadership changes come amidst ongoing scrutiny in the energy sector