BP 's Hayward Headed Toward Exit

BBC says he's 'negotiating his exit deal'
By Polly Davis Doig,  Newser Staff
Posted Jul 25, 2010 7:25 AM CDT
BP 's Hayward Headed Toward Exit
Presumably "negotiating his exit" means Hayward can spend some more quality time with his yacht "Bob," left.   (AP Photo/Chris Ison, PA)

It's long been rumored that the end is nigh for Tony Hayward, but the BBC now says the BP CEO is "negotiating an exit deal" that will be announced within 24 hours' time. The company continues its line that Hayward has the "full support" of the board and top execs, but sources tell the BBC that Gulf native Bob Dudley, who took over day-to-day operations in the Gulf in the wake of Hayward's bungling, will be named successor.
(More Tony Hayward stories.)

Get the news faster.
Tap to install our app.
X
Install the Newser News app
in two easy steps:
1. Tap in your navigation bar.
2. Tap to Add to Home Screen.

X