We now know that Tony Hayward will be replaced by Robert Dudley on October 1. BP Chairman , in announcing the turnover repeated their pledge to the region when he said " . . the company's priority is to stop the Gulf leak permanently and then to clean up miles of spoiled waters and beaches and compensate people whose livelihoods have been lost because of the accident."Hopefully, the leak will soon be capped and we can all begin to put this disaster into the annals of the biggest cleanup in history. Here's the latest from the Huffington Post.
June
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BP: Tony Hayward OUT, Robert Dudley IN As CEO On October 1
Harry R. Weber And Jane Wardell | 07/27/10 01:08 Pm
NEW ORLEANS — The American picked to lead oil giant BP as it struggles to restore its finances and oil spill-stained reputation pledged Tuesday that his company will remain committed to the Gulf region even after the busted well is sealed.
Robert Dudley will become BP PLC's first ever non-British chief executive, the company said as it reported a record quarterly $17 billion loss and set aside $32.2 billion to cover costs from the spill.
Ending weeks of speculation, BP confirmed that gaffe-prone Tony Hayward will step down Oct. 1 as the London-based company seeks to reassure both the public and investors that it is learning lessons from the spill.
"There's no question we are going to learn things from this investigation of the incident," Dudley told reporters by phone from London after the announcement was made.
BP Chairman Carl-Henric Svanberg echoed that during a webcast presentation on the company's earnings, telling investors that BP will change as a result of the April 20 oil rig explosion that killed 11 workers and set off the worst offshore spill in U.S. history.
"We are taking a hard look at ourselves, what we do and how we do it," he said. "What we learn will have implications for our ways of working, our strategy and our governance."
Svanberg said the company's priority was to stop the Gulf leak permanently and then to clean up miles of spoiled waters and beaches and compensate people whose livelihoods have been lost because of the accident.
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