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Home BusinessBP appoints Ian Tyler as chair after ousting Manifold over governance, conduct concerns

BP appoints Ian Tyler as chair after ousting Manifold over governance, conduct concerns

by Ainam
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A British Petroleum (BP) logo is seen at a petrol station in south London April 27, 2010. REUTERS

Sept 2 (Reuters) – 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.

Board member Amanda Blanc ‌who ⁠oversaw both Manifold’s and Tyler’s appointments will not seek re-election at next year’s ​annual general ​meeting ⁠and will step down once a successor ​for her has been ​found, ⁠BP said.

Reporting by Shadia Nasralla and Stephanie Kelly in ⁠London, ​additional reporting ​by Yadarisa Shabong in Bengaluru; Editing by ​Nivedita Bhattacharjee and Sharon Singleton

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