• Tony Hayward is expected to announce his resignation as CEO of BP soon.
    43 replies, posted
[url]http://www.bbc.co.uk/news/business-10753573[/url] [img]http://news.bbcimg.co.uk/media/images/48478000/jpg/_48478429_hayward.jpg[/img][img]http://news.bbcimg.co.uk/media/images/48478000/jpg/_48478487_009636847-1.jpg[/img] [release]BBC business editor Robert Peston said it was likely he would be replaced by his US colleague Bob Dudley, now in charge of the clean-up operation. US Oil Spill BP said Mr Hayward "remains our chief executive and has the full support of the board and senior management". Our correspondent added that while BP had been preparing for a change at the top for some time, the company was waiting until progress had been made on stemming the leak and until it was possible to quantify the financial costs of the disaster. BP is due to release its results for the second quarter on Tuesday. It is expected to reveal a provision of up to $30bn (£19bn) for the costs of capping the well, compensation claims and fines to be paid, resulting in a massive quarterly loss. BP's board is scheduled to meet on Monday ahead of the results. Mr Hayward has been with the company for 28 years. He has also been rapped by US congressmen for not taking responsibility for the disaster at its Macondo oil well, which killed 11 people. The congressmen were unimpressed by the answers they received from the BP boss at a congressional committee on energy and commerce hearing last month. They accused him of "stonewalling" questions and of "kicking the can [of responsibility] down the road". Mr Hayward had already been lambasted for saying that he "just wanted his life back" and that the Gulf is a "big ocean" following the leak. He was also taken to task for attending a sailing event in June by those, including the White House, who felt he should have been dealing with the leak. Bob Dudley Many commentators believe Mr Dudley's American accent will be advantageous from a PR perspective The man expected to replace him, Bob Dudley, took over the day-to-day operations in the Gulf of Mexico last month. Many say that, from a public relations point of view, Mr Dudley has the advantage of being American and speaking with an American accent. He grew up in Mississippi and, according to BP, has a "deep appreciation and affinity for the Gulf Coast". Mr Dudley joined BP in 1999 following a merger with US oil firm Amoco. He is probably best-known for running BP's joint venture in Russia, TNK-BP, during the public falling-out with its Russian partners. He joined the BP board in April 2009. Dr Richard Pike, chief executive of the Royal Society of Chemistry, said that perception was the key reason behind the change. "If your major shareholders are getting the impression that there is a major problem here then that is key over and above anything the chief executive or his board of directors has done," he told the BBC. "In many ways changing the chief executive is as much practical as it is symbolic; it all rests on reputation. "BP hopes the next few days will be the start of a new beginning for the company," he added.[/release]
I don't think this is a good thing.
If the company ends up being run to the ground it won't really end up mattering who the CEO is.
Things couldn't get any more Haywire
BP provides a lot of jobs and a lot of tax money, if they went down it would be awful.
Fucking pussy
[QUOTE=E1025;23617784]BP provides a lot of jobs and a lot of tax money, if they went down it would be awful.[/QUOTE] Especially for England.
britain
Great Britain
British Isles.
Britain Great.
United Kingdom
Britannia.
[QUOTE=Emperor Scorpious II;23619650]United Kingdom[/QUOTE]
He shouldn't be allowed to resign, force him to go down with the ship.
Why is it that when something goes wrong within a corporation, the CEO pusses out and resigns? What a little bitch.
[QUOTE=Identity;23620547]Why is it that when something goes wrong within a corporation, the CEO pusses out and resigns? What a little bitch.[/QUOTE] So the CEO can get away with as much money as possible, hence my above post.
[QUOTE=ExplodingGuy;23620337]He shouldn't be allowed to resign, force him to go down with the ship.[/QUOTE] [url=http://money.cnn.com/2010/07/23/news/companies/bp_earnings_preview/index.htm?hpt=T1]They were profitable this quarter though[/url]
:britain: as if getting a job wasn't hard enough in this current economy
[QUOTE=DrBreen;23617806]Fucking pussy[/QUOTE] I love how everyone has this attitude. You're all retards for saying stuff like this. If the world's scrutinizing eyes were on you for something that happens pretty much every month, You'd want to hide too. [editline]10:11PM[/editline] [QUOTE=ExplodingGuy;23620337]He shouldn't be allowed to resign, force him to go down with the ship.[/QUOTE] ...
Sort of a .. dick move
[QUOTE=Comrade General;23622827]I love how everyone has this attitude. You're all retards for saying stuff like this. If the world's scrutinizing eyes were on you for something that happens pretty much every month, You'd want to hide too.[/QUOTE] I don't see oil spills that cover 2,500 square miles happening every month. [editline]10:18PM[/editline] Go away Tony Hayward.
[QUOTE=ExplodingGuy;23620337]He shouldn't be allowed to resign, force him to go down with the ship.[/QUOTE] The ship that will drag countless British [highlight]and American[/highlight] pensions down with it?
[QUOTE=Comrade General;23622827]I love how everyone has this attitude. You're all retards for saying stuff like this. If the world's scrutinizing eyes were on you for something that happens pretty much every month, You'd want to hide too. [editline]10:11PM[/editline] ...[/QUOTE] Oh yeah, remember last months oil spill that covered the entire gulf? I don't.
[QUOTE=Splurgy_A;23625738]The ship that will drag countless British [highlight]and American[/highlight] pensions down with it?[/QUOTE] Oh, i'm sorry. Are American pensions more important?
American Petroleum
[QUOTE=Splurgy_A;23625738]The ship that will drag countless British [highlight]and American[/highlight] pensions down with it?[/QUOTE] Yeah, have him loose his billions he gained by being CEO of BP. Not just the workers.
[QUOTE=E1025;23617784]BP provides a lot of jobs and a lot of tax money, if they went down it would be awful.[/QUOTE] but they're also environmentally harmful.
Now you English men can't complain about the U.S.
[QUOTE=Warhol;23628654]but they're also environmentally harmful.[/QUOTE] And economically disastrous... You know, killing all the shrimp and fish kinda fucks up the seafood and tourism markets.
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