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BP Yanks Hayward Out of Spill Response Role

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Posted on Jun 18, 2010
Hayward
Wikimedia Commons / World Economic Forum

BP’s embattled CEO, Tony Hayward, is stepping out of the limelight after intensifying the company’s PR issues since the Gulf of Mexico oil spill began its relentless spread—and particularly after royally ticking off certain members of Congress last week.  —KA

Los Angeles Times:

BP’s chairman, Carl-Henric Svanberg, told Sky News television in Britain that Hayward was handing over daily operations to managing director Robert Dudley, a Mississippi native who started his career at Chicago-based Amoco Corp., which BP bought in 1998. Dudley has handled sensitive international assignments for BP in Russia and Africa.

Hayward, a soft-spoken British geologist, has been a lightning rod for criticism of BP since the April 20 Deepwater Horizon rig explosion in the Gulf of Mexico. Under questioning in Washington on Thursday, members of Congress accused him of “stonewalling” and “insulting our intelligence.”

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Peter Knopfler's avatar

By Peter Knopfler, June 20, 2010 at 10:27 am Link to this comment

All for public show!! A major distraction to the World events, remember “NEVER LET A DISASTER GO TO WASTE”, There are a few to chose from.
World Cup has got the Men by the jock strap. Major distract while others are getting ready! Lets see how Israel handels the next floatillas, which are by Hezbolla, Hamas, turkey, IRAN. “This could be the start of something Big”, “oops there goes another rubber tree plant”!

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By samosamo, June 19, 2010 at 12:05 am Link to this comment

****************

 

As much as corporations as a whole need regulating, oversight,
transparency and accountability, there just seems to be no way
to get to that level of regulatory competency from the greedy
fools in congress and now, the supreme-legislating from the
bench-court.

And one way or the other this mississipian, robert dudley show
us what if he is a dud, deal maker or hopefully a conscientious
minded business person, sooner or later.

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