BP has a new chairman following Manifold’s departure

The British oil and gas company BP has appointed Ian Tyler as its new chairman. He succeeds Albert Manifold, who was forced to step down at the end of May following allegations of misconduct.
Tyler is expected to largely continue along the same course as his predecessor. BP intends to focus more on its core activities and, in doing so, place a stronger emphasis on oil and gas once again. Manifold served as chairman for just 238 days. He was forced to step down due to “serious concerns” regarding corporate governance, oversight and conduct. According to BP, there had been “unacceptable and aggressive behaviour”. Manifold himself stated in an email that he had been dismissed “without warning and without explanation”.
BP has also seen several unexpected changes at the top in recent years. At the end of 2023, chief executive Bernard Looney was forced to step down over lies about personal relationships. His successor, Murray Auchincloss, was forced to leave within two years, without any clear reason. He was succeeded by the current CEO, Meg O’Neill.
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