BREAKING: Hayward being kicked to the curb

[Subdivisions]

SKY-TV is reporting that Bob Dudley will be taking over the day to day operations that used to be the responsibility of current CEO Tony Hayward.

Breaking on TV. No link yet.

[tekisui]

1. So, he has been fired as CEO?

[Subdivisions]

2. I'm reporting what I heard. That is not what was said. Yet. n/t

[AngryOldDem]

28. Seriously doubt it.

But it will be interesting to see how things play out. Someone will have to take the fall for this -- might as well be Tony, despite all his protestations that he didn't have a clue as to what was going on.

[Jack Rabbit]

35. That's exactly why it should be Tony

. . . despite all his protestations that he didn't have a clue as to what was going on.

The CEO is not only responsible for what happens, he is responsible for having a clue if he doesn't really know.

If he was being deceived by subordinates, their heads should have rolled. Since that was not the case, his head should roll.

This is not only true of private business, but of the government, especially the President. Gee Dubya's defenders can make all the excuses for him they like, but whether he was in the dark after being lied to by Cheney and others or whether he was an active participant in deception, he is responsible for all of the catastrophic failures of his administration.

[AngryOldDem]

38. Yeppers...since when was "responsibility" stricken from a CEO's job description?

Even disregard his title for a moment. This guy supposedly has a PhD in geology. And he's trying to say he's CLUELESS in this matter?

The basic inability or outright refusal of leaders to assume any kind of accountability explains a great deal why we are in the messes we are today.

[Poll_Blind]

3. If anything, he's not being kicked to the curb he's parachuting OUT.

Remember all that "I don't recall." and "I didn't have anything to do with that" shit yesterday? He's trying to get his ass as far from this exploding rig as possible. Will the Congress let him skate?

PB

[glitch]

19. +4,000,000gal/day nt

[HiFructosePronSyrup]

4. Thank you, President Obama.

:thumbsup:

[dipsydoodle]

5. BP America

or BP plc ?

[Subdivisions]

7. Hayward is CEO of BP. Lamar McKay is CEO of BP America. n/t

[dipsydoodle]

26. Hence the question

it could've meant they'd replaced the parent's CEO. What they've done makes sense anyway as it leaves Hayward to get on with his job.

[flamingdem]

6. OLD NEWS. This was announced a few weeks ago. Dudley will head the US spin-off unit nt

[Subdivisions]

8. It was just now breaking news on MSNBC. n/t

[flamingdem]

9. This was in the news before, google for it and you'll see nt

[MyNameGoesHere]

17. OOPS.

You're right google does work with the proper input

http://www.google.com/search?q=BP%27s+Hayward+hands+over+daily+Gulf+operations&ie=utf-8&oe=utf-8&aq=t&rls=org.mozilla:en-US:official&client=firefox-a

[havocmom]

10. Yep. Hayward not up to dealing witht the stress, makes too many gaffes on video

BP needed a more controlled face for the cameras

Now, one might still hope Hayward gets his wish of getting his life back and soon joins the ranks of the unemployed. One might also hope his personal assets will be subject to be considered in the lawsuits the future will likely bring. He should not have a really comfy unemployment, not after the deaths company priorities have caused.

[dipsydoodle]

27. You're perfectly correct

The only reason its being spun off is to make it easier to keep track and account separately for the losses arising there. Its an accounting requirement anyway to keep non trading losses apart from trading profits.

[havocmom]

30. flaming, do you have a link handy for that. This 'news' just posted in LBN

I hate seeing DU fall for this PR crap and getting excited about something done a couple weeks ago. :banghead:

[havocmom]

31. Nevermind, I got one

http://www.guardian.co.uk/environment/2010/jun/04/deepwater-horizon-leak-bp-criticism

Everybody please note dateline

BP hives off 'toxic' Gulf spill operation to dilute anti-British feeling in US

Chief executive Tony Hayward hands responsibility for clean-up to American as new containment cap is placed on top of leak


* Terry Macalister
* guardian.co.uk, Friday 4 June 2010 18.15 BST*
* Article history

BP is to hive off its Gulf of Mexico oil spill operation to a separate in-house business to be run by an American in a bid to isolate the "toxic" side of the company and dilute some of the anti-British feeling aimed at chief executive Tony Hayward, the company said today.

The surprise announcement was made during a teleconference with City and Wall Street analysts in which Hayward attempted to shrug off the personal criticism saying words "could not break his bones".

...

* bold mine to focus on the date of this 'news'

[G_j]

11. BP's Hayward hands over daily Gulf operations-SkyTV

http://af.reuters.com/article/energyOilNews/idAFWBT01399620100618


WASHINGTON June 18 (Reuters) - BP Plc's (BP.L: Quote) (BP.N: Quote) CEO Tony Hayward will hand over daily oversight of the oil giant's response to the massive spill in the Gulf of Mexico, Sky TV reported on Friday, citing an interview with BP Chairman Carl-Henric Svanberg. (Reporting by Kristin Roberts, Editing by Stacey Joyce)

[Subdivisions]

12. Thanks! =) n/t

[pinboy3niner]

14. It's here, too:

BP CEO Hayward to have changed role in oil spill oversight, chairman tells Sky News http://bit.ly/dq5Men
http://twitter.com/BreakingNews

(No other details yet.)

ETA: Second link was up on MSNBC Latest.

[NNN0LHI]

13. Rev that Greyhound up

[flamingdem]

15. Here is the link from JUNE 5 - IMO BP is trying to get credit for disciplining Hayward, righttt nt

http://www.dailymail.co.uk/money/article-1284087/BP-oil-spill-Bob-Dudley-handle-fallout-oil-firm-spins-division-head-clean-up.html

ooter Dudley to handle fallout from BP spill


Last updated at 2:59 AM on 5th June 2010

* Comments (0)
* Add to My Stories

BP will spin off its efforts to manage the fallout from the Gulf of Mexico oil spill into a separate division to be headed by renowned troubleshooter Bob Dudley.

Chief executive Tony Hayward told investors that US citizen Dudley would lead the long-term response once the spill is over, adding: 'I don't believe we could have a better person to lead this organisation.'

Dudley has a reputation for managing confrontational situations after he found himself at the centre of a row with powerful billionaires within the oil firm's Russian venture TNK-BP.

Read more: http://www.dailymail.co.uk/money/article-1284087/BP-oil-spill-Bob-Dudley-handle-fallout-oil-firm-spins-division-head-clean-up.html#ixzz0rCLsmyE4

[JPZenger]

16. Jon Stewart: He's the lightning rod, then they're fire him to look good

A few days ago, Jon Stewart said BP is just using Haywood as a lightning rod. He takes all the abuse. Then they fire him, and the BP board looks good because they got rid of the person who was for blame for everything that happened.

In any case, Haywood deserves to be fired for making BP look so out of touch. It was particularly bad because the Democrats gave Haywood their questions in advance so they could get actual answers at the hearing. Instead, he acted like he was hearing the questions for the first time and had no idea anyone would possibly have wanted to know those answers.

[SargeUNN]

18. so that is why he wants his life back

[Stinky The Clown]

20. They're just changing their face, not their fact.

Tony becomes a very rich, very well cared for, near-royal fall guy.

[bdamomma]

24. he's a coward too. That hearing yesterday was disgusting

what a LIAR he is, boy, being rich you play by different rules huh?

[lpbk2713]

21. Yeah ... I remember him.

Never missed him on Saturday mornings. :thumbsup:

[flamingdem]

22. He is utterly expressionless and has a psychotic look in his eyes, imo nt

[flamingdem]

23. oh and ... he is AMERICAN so that deflects the Brit blame going around nt

[dipsydoodle]

25. Give it an hour or so

and some comedian will post this in LBN.

[pinboy3niner]

29. THE REAL NEWS: Chairman "small people" Svanberg taking bigger public role

Exclusive: BP Chairman Talks To Sky


<BP Board Chariman>Mr Svanberg, whose background is in telecommunications, will now expand his own involvement.

"This has now turned into a reputation matter, a financial squeeze for BP and a political matter and that is why you will now see more of me," Mr Svanberg said.
<snip>

"As this is now turning to a different type of crisis, that is where I come in," <Svanberg> said.
<snip>


This is a change of tactic by BP. The chairman is going up the agenda and Tony Hayward is going down the agenda," Randall revealed.

http://news.sky.com/skynews/Home/Business/Mark-Kleinman-BP-Hires-Adviser-To-Collate-Portfolio-To-Sell-Assets/Article/201006315651589

[Javaman]

32. aka hayward has become the dart board, so let's put him away someplace nt

[Minnesota Raindog]

33. I think Tony's been hired as Michele Bachmann's spokesperson

That would be Congresswoman Michele Bachmann (R-BP).

[Bluebear]

34. He's "got his life back". nt

[Frustratedlady]

36. Well, he just wanted his life back....watch what you ask for. n/t

[flamingdem]

37. IDEA: Fake Breaking News story is meant to deflect fact that BP is spinning off US branch

QUESTION: If BP hives off US operation then does it LIMIT LIABILITY at the same time??


BP hives off 'toxic' Gulf spill operation to dilute anti-British feeling in US

Chief executive Tony Hayward hands responsibility for clean-up to American as new containment cap is placed on top of leak


* Terry Macalister
* guardian.co.uk, Friday 4 June 2010 18.15 BST*
* Article history

BP is to hive off its Gulf of Mexico oil spill operation to a separate in-house business to be run by an American in a bid to isolate the "toxic" side of the company and dilute some of the anti-British feeling aimed at chief executive Tony Hayward, the company said today.

The surprise announcement was made during a teleconference with City and Wall Street analysts in which Hayward attempted to shrug off the personal criticism saying words "could not break his bones".

...