BP CEO to Hand Over Day-to-Day Gulf Operations

Skynews reports that BP (BP) CEO Tony Hayward will have a changed role in dealing with the oil spill. According to BP’s chairman Carl-Henric Svanberg, Mr. Hayward will hand over the day-to-day gulf operations to BP managing director Robert Dudley.

Svanberg told Skynews that the company’s strategy had been for Mr. Hayward to be the primary voice however, political repercussions now require a changed structure.

From Sky News:

“Mr. Svanberg also told [Sky] that comments by Mr Hayward have had detrimental effects as the company seeks to control the fallout from the disaster.

“It is clear Tony has made remarks that have upset people,” Mr Svanberg said.

Mr Svanberg admitted that the disaster is turning from an industrial accident into a much broader concern and he will now expand his own involvement.

“This has now turned into a reputation matter, financial and political and that is why you will now see more of me,” Mr Svanberg said.”

Speaking after the interview, Sky’s Jeff Randall said “the most important aspect of Mr Svanberg’s interview was his lack of public support for the embattled chief executive.”

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