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BP Appoints Interim Chair to Permanent Role

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BP Appoints Interim Chair to Permanent Role

BP (BP.L) said Wednesday it concluded an "extensive" executive search process by appointing Interim Chair Ian Tyler as its permanent company chair, months after the company ousted his predecessor.

Taking effect immediately, the move secures the position Tyler stepped into temporarily in late May. His interim appointment came on the heels of the board's decision to replace former Chair Albert Manifold, citing "serious concerns" regarding the latter's governance standards, oversight and conduct.

"I will lead the board's evolution, ensuring we have the depth, experience and capabilities needed to support the company's strategic priorities and long-term value creation," Tyler said in a press release.

First joining the British oil and gas company's board as a nonexecutive director in April 2025, Tyler concurrently serves as chair of construction products company Grafton Group (GFTU.L) and as a senior independent director of mining company Anglo American (AAL.L).

Alongside Tyler's appointment, BP announced that Senior Independent Director Amanda Blanc will not stand for re-election at the 2027 annual general meeting and will depart from the board after a successor is found. Blanc, who joined the board in September 2022, led the search for both Manifold's and Tyler's appointments.

BP's shares were marginally lower in morning trading.

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