BP could announce CEO change ahead of half-year results

17:44, July 26, 2010      

Email | Print | Subscribe | Comments | Forum 

Oil giant BP could announce the departure of Chief Executive Tony Hayward ahead of its half-year results on Tuesday, a number of media organizations quoted sources as saying.

Bob Dudley, the managing director who has had a better media profile since taking over the company's Gulf of Mexico oil spill response last month, is now the front-runner to succeed Hayward.

British newspaper Telegraph said it now appears almost certain that Hayward would announce his departure after negotiations on the details of his severance package over the weekend.

The Washington Post also reported that Hayward's departure from his job as BP's chief executive will top the agenda when the company's board of directors meets Monday night, citing "a source close to the company."

Hayward recognized that he has become a "a liability going forward" and is ready to step down, the source said on condition of anonymity.

The CEO change could be announced as early as Monday, the Associated Press quoted a U.S. official as saying.

Hayward has been working with BP since 1982. He began his career as a rig geologist and rose to group treasurer in 2000. He was chief executive for BP's upstream activities and member of the main board for several years before being appointed group chief executive in May 2007.


【1】 【2】 【3】

(Editor:张茜)

  • Do you have anything to say?

双语词典
dictionary

  
Special Coverage
  • Premier Wen Jiabao visits Hungary, Britain, Germany
  • From drought to floods
Major headlines
Editor's Pick
  • Staff members watch a screen showing the blast-off of the Long March-2FT1 carrier rocket loaded with Tiangong-1 unmanned space lab module at Beijing Aerospace Control Center, Sept. 29, 2011. Commander-in-chief of China's manned space program Chang Wanquan announced Thursday night that the launch of Tiangong-1 space lab module was successful. (Xinhua/Wang Shen)
  • Chinese President Hu Jintao watches the launch of Tiangong-1 space lab module at Beijing Aerospace Control Center in Beijing, capital of China, Sept. 29, 2011. Other members of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, including Wu Bangguo, Jia Qinglin, Li Changchun, Xi Jinping, Li Keqiang and Zhou Yongkang, are also present. (Xinhua/Rao Aimin)
  • The graphics shows the launch procedures of the carrier rocket of Tiangong-1 space lab module, Long March-2FT1 on Sept. 29, 2011. (Xinhua/Lu Zhe)
  • Image taken from Beijing Aerospace Control Center shows a Long March-2FT1 carrier rocket loaded with Tiangong-1 unmanned space lab module blasting off from the launch pad at the Jiuquan Satellite Launch Center in northwest China's Gansu Province, Sept. 29, 2011. (Xinhua)
  • On Sept. 28, tourists travel around the Mingshashan Scenic Area in Dunhuang, Gansu province by camel. With the National Day vacation right around the corner, more and more tourists from home and abroad are going to Dunhuang. Riding on a camel, they travel in the desert to enjoy the cities rare form of natural scenery. (Xinhua/Zhang Weixian)
  • Chinese forest armed forces work together with forest firefighters on Sept. 28. (Xinhua/Chai Liren)
Hot Forum Discussion