Time To Step Down: BP CEO Tony Hayward To Resign In A Couple Of Days???

- By Bossip Staff

bp ceo tony hayward

According to recent reports:

The chief executive of BP, Tony Hayward, is finalizing the details of his imminent exit from BP this weekend as the oil giant prepares to make an announcement on the chief executive’s future possibly within the next 48 hours.

After a weekend of detailed negotiations over Mr Hayward’s severance package, it now appears almost certain that he will announce his departure ahead of BP’s half year results on Tuesday. According to consensus estimates, those results are expected to show that BP has made profits of nearly $10bn so far this year, despite the Deepwater Horizon disaster which has left the oil company facing bills of many billions of dollars.

It is now thought to be widely agreed by the BP board that it is only with Mr Hayward’s departure that the company can draw a line under the Gulf of Mexico disaster and plan for the future. The chairman, Carl-Henric Svanberg, is now believed to agree that Mr Hayward should go and that BP needs to announce a root-and-branch change of operational culture.

Sources close to the chairman have said that Mr Svanberg has been surprised by some of the operational systems at the company.
The board is scheduled to meet tomorrow and it only appears to be a last-minute hitch on the politically sensitive severance package that could derail the announcement.

The US President and federal government will pore over any details for signs that Mr Hayward has been “rewarded for failure”.
If the details can be agreed, Mr Hayward will be paid at least £1.045m, equivalent to a year’s salary, on leaving BP but is almost certain to demand more in compensation for agreeing to go for the good of the company where he has worked for 28 years.

This is from one of the British publications (sometimes suspect news), so we will see what is to become of all this…

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    WOW IF EVERYONE HAD THAT YEARLY SALARY THERE WOULD B NO POOR & NO FICKED UP ECONOMY UNFORTUNATELY THAT WILL NEVER HAPPEN BC THE RULING 13 FAMILY BLOODLINES WILL NEVER ALLOW IT EPICK FICKING FAIL😦

  • ruchi

    i need some more info abt that matter,for more analysis

  • no problem

    Yeah like we didn’t see tht coming. Now he will be out the spotlight.

  • NEEKYUK

    wow!! as soon as sh*t hits the fan you’re out!! this is the reason why I will never kill myself working for any company, the only company I will bust my balls for is my own. I don’t believe the disaster was 100% his fault.

  • Dirty Diana...Let Me Be ♪

    this could’ve happened to any oil company and it’s not like he did it on purpose…ugh

  • http://www.spudle.com Michelle

    WOW who would employ this guy now though??

    I think its a shame as it wasn’t his fault and this could have happened to any oil company

  • Zone 4 Representatives

    Bye Bye Nicca! Now go lay on your yacht off St. Tropez and act like nothing ever happened. SMH

  • It's Me

    yeah, all this oil spilling and he want to take sum time off to attend a Yacht convention, well now you have time to do all that. see yaaa.

  • DR.FUNK

    Of course he gets the boot.He’s got a FAT severance pkg. to look forward to…so save your sympathies.

  • I'm Just Me...Keeping It Real Since: 1983

    I am surprised he was still there. I called this 10 days into the disaster!

  • Chrissy Taylor

    Get rid of Svanberg, he’s done nothing!! Except hide and take his old bit of ruff on a sailing holiday during the Gulf crisis and then make up stories of dating when he got divorced, right as if we believe that old lie!! – Lie about that – you’d lie about anything – you’ve been sneaking around with mistresses for years – look who’s a small person now -bet your wife and family think so!! Who are you Svanberg to say – who should stay and who should go – when you mix business with pleasure during a crisis, your personal life becomes BP business – You’re the one who should be shamed into resigning – You’ve done nothing either………

  • It's 2010

    This dude is about to get paid…doubtful he will even need to work after this.These ppl don’t care who or what they destroy as long as they get paid, and they usually do.

  • Zone 4 Representatives

    @aunddoggandauntfail….I don’t think anyone cares. It seems like everyone is saying eff you and good riddance. On another note…Global Warming…that’s laughable. Wake up!

  • http://car-uk.info/time-to-step-down-bp-ceo-tony-hayward-to-resign-in-a-couple-of-days-and-related-posts/ “Time To Step Down: BP CEO Tony Hayward To Resign In A Couple Of Days???” and related posts

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  • http://www.greaternewyorkrealestate.com Sam

    By his performance over the last few months Mr.Hayward has shown neither ability, decsiveness or dynamism as a CEO. Surely he should walk away from this job in disgrace and empty-handed.

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