REG - BP PLC - Albert Manifold appointed BP p.l.c. chair

BPAnnouncement

21/07/2025 07:00

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RNS Number : 8302R  BP PLC  21 July 2025

press release

 

21 July 2025

 

Albert Manifold appointed BP p.l.c. chair

 

BP p.l.c. ("bp") today announces that it has appointed Albert Manifold to
succeed Helge Lund as chair of the company. He will join the company's board
on 1 September as non-executive director and chair-elect, and will take over
as chair on 1 October. At that point, Helge Lund will step down as chair and
as a director of the bp board.

 

Albert was the Chief Executive Officer of CRH plc ("CRH") from January 2014
until December 2024. Under his leadership CRH strategically reshaped its
portfolio and delivered superior growth and performance. He has a strong
track record of strategic leadership and operational delivery with a focus on
cost efficiency, disciplined capital allocation and cash flow generation.

 

He is also a non-executive director at LyondellBasell, a global chemicals
producer, listed on the New York Stock Exchange, and a non-executive director
at Mercury Engineering, a leading privately-owned engineering consultancy.

 

Dame Amanda Blanc, bp's senior independent director, who led the succession
process on behalf of the board, said: "I am delighted that following a
rigorous and comprehensive global search we have been able to appoint Albert
as our new chair. His impressive track record of shareholder value creation at
CRH demonstrates he is the ideal candidate to oversee bp's next chapter.

 

"Albert has a relentless focus on performance which is well suited to bp's
needs now and into the future. He transformed and refocused CRH into a global
leader by building on its rich heritage to deliver superior growth, cash
generation and returns.

 

"On behalf of the company, I would also like to thank Helge for his leadership
and dedicated service to bp throughout the past seven years. His contribution
through a period of immense change has been invaluable."

 

Albert Manifold said: "It is an honour to be appointed chair of one of the
world's great energy companies, and to have the opportunity to help the
company reach its full potential. bp has a vital role to play in addressing
the world's growing energy needs. I look forward to working with the bp board,
Murray and the leadership team to accelerate delivery of bp's strategy and
drive compelling and sustainable shareholder value creation."

 

Albert is a Certified Public Accountant, a Chartered Accountant, and holds a
Master of Business Administration and a Master in Business Studies, both from
Dublin City University. He remains a special adviser to the board of CRH and
is also an adviser at Clayton Dubilier & Rice.

 

There are no additional matters that require disclosure under 6.4.8R of the
UK Listing Rules.

 

This announcement contains inside information. The person responsible for
arranging the release of this announcement on behalf of BP p.l.c., is Ben
Mathews, Company Secretary.

 

Further information:

bp press office, London: bppress@bp.com (mailto:bppress@bp.com) , +44 (0)7831
095541

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