BP chair stay puts pressure on incoming CEO
BP appointed Ian Tyler as CEO after Albert Manifold’s rocky exit, a shift that may ease governance jitters amid concerns over weak returns in Tyler’s prior role at Balfour Beatty.
By Yawen ChenThe $115 bln oil major picked Ian Tyler after Albert Manifold’s rocky exit.
His BAE Systems pedigree may ease governance jitters.
But weak returns during his time as CEO of building firm Balfour Beatty suggests Meg O’Neill may have to drive cost cuts and disposals on her own.Full view…