business

BP Supports Amanda Blanc in Search for New Chair Amid City Concerns

1 Haziran 2026Financial Times

BP has expressed its support for Amanda Blanc to spearhead the search for a new chairperson, following the brief tenure of Albert Manifold. This decision comes amidst some unease within the City regarding the leadership transition.
Blanc, who is the oil major's senior independent director, is expected to bring stability and direction to the search process.
BP has faced challenges in leadership stability, particularly with the recent appointment and subsequent departure of Albert Manifold as chair. The company is now looking to restore confidence among investors and stakeholders through a more robust selection process for its next chair.
The backing of Amanda Blanc by BP highlights the company's commitment to a thorough and thoughtful leadership transition. However, the unease in the City suggests that stakeholders are cautious about the potential implications of this decision.

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This article is for informational purposes only and does not constitute financial advice.

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