diff --git a/README.md b/README.md
index a71557d3..cce53150 100644
--- a/README.md
+++ b/README.md
@@ -142,8 +142,8 @@ The following parameters can be set:
 
 ```sh
 export ETH_RPC_URL='https://rpc.url.example.com'
-export NEW_OWNER=0x1111111111111111111111111111111111111111 
-export RESET_MANAGER=true # true if the new owner should also become the manager, false otherwise
+export NEW_OWNER=0x1111111111111111111111111111111111111111
+export NEW_MANAGER=0x2222222222222222222222222222222222222222
 ```
 
 To test run the script from a specific owner (sender):
@@ -155,7 +155,7 @@ forge script script/TransferOwnership.s.sol:TransferOwnership --rpc-url "$ETH_RP
 To actually execute the transaction:
 
 ```sh
-forge script script/TransferOwnership.s.sol:TransferOwnership --rpc-url "$ETH_RPC_URL" --private-key 0x0000000000000000000000000000000000000000000000000000000000000001 --broadcast
+forge script script/TransferOwnership.s.sol:TransferOwnership --rpc-url "$ETH_RPC_URL" --private-key 0x0000000000000000000000000000000000000000000000000000000000000001 --broadcast --slow
 ```
 
 ## Releases
diff --git a/script/TransferOwnership.s.sol b/script/TransferOwnership.s.sol
index 656cfac8..2b53fcf2 100644
--- a/script/TransferOwnership.s.sol
+++ b/script/TransferOwnership.s.sol
@@ -11,7 +11,7 @@ import {NetworksJson} from "./lib/NetworksJson.sol";
 contract TransferOwnership is NetworksJson {
     // Required input
     string private constant INPUT_ENV_NEW_OWNER = "NEW_OWNER";
-    string private constant INPUT_ENV_RESET_MANAGER = "RESET_MANAGER";
+    string private constant INPUT_ENV_NEW_MANAGER = "NEW_MANAGER";
     // Optional input
     string private constant INPUT_ENV_AUTHENTICATOR_PROXY = "AUTHENTICATOR_PROXY";
 
@@ -19,7 +19,7 @@ contract TransferOwnership is NetworksJson {
 
     struct ScriptParams {
         address newOwner;
-        bool resetManager;
+        address newManager;
         ERC173 authenticatorProxy;
     }
 
@@ -46,19 +46,17 @@ contract TransferOwnership is NetworksJson {
 
         // Make sure to reset the manager BEFORE transferring ownership, or else
         // we will not be able to do it once we lose permissions.
-        if (params.resetManager) {
-            console.log(
-                string.concat(
-                    "Setting new solver manager from ",
-                    vm.toString(authenticator.manager()),
-                    " to ",
-                    vm.toString(params.newOwner)
-                )
-            );
-            vm.broadcast(msg.sender);
-            authenticator.setManager(params.newOwner);
-            console.log("Set new solver manager account.");
-        }
+        console.log(
+            string.concat(
+                "Setting new solver manager from ",
+                vm.toString(authenticator.manager()),
+                " to ",
+                vm.toString(params.newManager)
+            )
+        );
+        vm.broadcast(msg.sender);
+        authenticator.setManager(params.newManager);
+        console.log("Set new solver manager account.");
 
         console.log(
             string.concat(
@@ -68,11 +66,14 @@ contract TransferOwnership is NetworksJson {
         vm.broadcast(msg.sender);
         params.authenticatorProxy.transferOwnership(params.newOwner);
         console.log("Set new owner of the authenticator proxy.");
+
+        console.log(string.concat("Final owner:   ", vm.toString(params.authenticatorProxy.owner())));
+        console.log(string.concat("Final manager: ", vm.toString(authenticator.manager())));
     }
 
     function paramsFromEnv() internal view returns (ScriptParams memory) {
         address newOwner = vm.envAddress(INPUT_ENV_NEW_OWNER);
-        bool resetManager = vm.envBool(INPUT_ENV_RESET_MANAGER);
+        address newManager = vm.envAddress(INPUT_ENV_NEW_MANAGER);
 
         address authenticatorProxy;
         try vm.envAddress(INPUT_ENV_AUTHENTICATOR_PROXY) returns (address env) {
@@ -95,11 +96,8 @@ contract TransferOwnership is NetworksJson {
             }
         }
 
-        return ScriptParams({
-            newOwner: newOwner,
-            resetManager: resetManager,
-            authenticatorProxy: ERC173(authenticatorProxy)
-        });
+        return
+            ScriptParams({newOwner: newOwner, newManager: newManager, authenticatorProxy: ERC173(authenticatorProxy)});
     }
 
     function checkIsProxy(address candidate) internal view {
diff --git a/test/script/TransferOwnership.t.sol b/test/script/TransferOwnership.t.sol
index 77511606..ed50785c 100644
--- a/test/script/TransferOwnership.t.sol
+++ b/test/script/TransferOwnership.t.sol
@@ -30,32 +30,19 @@ contract TestTransferOwnership is Test {
         proxyAsAuthenticator = GPv2AllowListAuthentication(deployed);
     }
 
-    function test_transfers_proxy_ownership_and_resets_manager() public {
+    function test_transfers_proxy_ownership_and_updates_manager() public {
         address newOwner = makeAddr("TestTransferOwnership: new proxy owner");
+        address newManager = makeAddr("TestTransferOwnership: new authenticator manager");
         assertEq(proxy.owner(), owner);
         assertEq(proxyAsAuthenticator.manager(), owner);
 
         TransferOwnership.ScriptParams memory params =
-            TransferOwnership.ScriptParams({newOwner: newOwner, authenticatorProxy: proxy, resetManager: true});
+            TransferOwnership.ScriptParams({newOwner: newOwner, authenticatorProxy: proxy, newManager: newManager});
 
         script.runWith(params);
 
         assertEq(proxy.owner(), newOwner, "did not change the owner");
-        assertEq(proxyAsAuthenticator.manager(), newOwner, "did not change the manager");
-    }
-
-    function test_only_transfers_proxy_ownership() public {
-        address newOwner = makeAddr("TestTransferOwnership: new proxy owner");
-        assertEq(proxy.owner(), owner);
-        assertEq(proxyAsAuthenticator.manager(), owner);
-
-        TransferOwnership.ScriptParams memory params =
-            TransferOwnership.ScriptParams({newOwner: newOwner, authenticatorProxy: proxy, resetManager: false});
-
-        script.runWith(params);
-
-        assertEq(proxy.owner(), newOwner, "did not change the owner");
-        assertEq(proxyAsAuthenticator.manager(), owner, "changed the manager");
+        assertEq(proxyAsAuthenticator.manager(), newManager, "did not change the manager");
     }
 
     function test_reverts_if_no_proxy_at_target() public {
@@ -63,7 +50,7 @@ contract TestTransferOwnership is Test {
         TransferOwnership.ScriptParams memory params = TransferOwnership.ScriptParams({
             newOwner: makeAddr("some owner"),
             authenticatorProxy: ERC173(notAProxy),
-            resetManager: false
+            newManager: makeAddr("some manager")
         });
 
         vm.expectRevert(bytes(string.concat("No code at target authenticator proxy ", vm.toString(notAProxy), ".")));
@@ -75,7 +62,7 @@ contract TestTransferOwnership is Test {
         TransferOwnership.ScriptParams memory params = TransferOwnership.ScriptParams({
             newOwner: makeAddr("some owner"),
             authenticatorProxy: ERC173(noERC173Proxy),
-            resetManager: false
+            newManager: makeAddr("some manager")
         });
         vm.etch(noERC173Proxy, hex"1337");
         vm.mockCall(
@@ -99,7 +86,7 @@ contract TestTransferOwnership is Test {
         TransferOwnership.ScriptParams memory params = TransferOwnership.ScriptParams({
             newOwner: makeAddr("some owner"),
             authenticatorProxy: ERC173(revertingProxy),
-            resetManager: false
+            newManager: makeAddr("some manager")
         });
         vm.etch(revertingProxy, hex"1337");
         vm.mockCallRevert(