BP Decides To Replace CEO Hayward In October
BP decides it is best for them to replace CEO Hayward in October. At the same time, BP reports a 17 billion dollar loss. An American, Robert Dudley will take Hayward’s place. BP and Hayward mutually agreed on the decision. Hayward is the man who said “I want my life back”. This was an incredibly stupid thing to say when millions of people are out of work because of the huge oil spill his company BP caused in the gulf. Hayward stuck his foot in his mouth and never managed to get it out. BP will recommend Hayward for a job with a Russian company. This seems like a way to get Hayward as far away from the gulf oil spill as BP can.
Dudley is an American and should know how to speak better to the American people than Hayward (foot in mouth) was able to do. On the other hand Dudley is another rich CEO who may have a hard time looking straight in the eyes of American’s who are below his importance level. American will see Dudley’s approach in the coming month. Will he do a better job than Hayward or will he put his foot in his mouth like his predecessor? This remains to be seen. Dudley’s job will be to sell some of BP’s assets to bolster the company’s finances. Many people (including the author of this article) have stopped filling up at BP gas stations in the United States.
From the looks of the situation, Hayward will be paid to go away, and keep his mouth shut. He will get a 1.6 million dollar salary for this year. He will get a pension of 600,000 pounds per year. Hayward also has a bunch of stock in BP. Hayward will go away, but he will go away rich.
Dudley lost this same job to Hayward three years ago. Now he gets to take over for the man who won the job. Dudley worked for Amoco for twenty years and he has (as yet) said nothing stupid to destroy his public image. Amoco merged with BP in 1998. Dudley was born in Mississippi and has family and friends in the United States.
What will this change do? This change is to give BP a better public look. Hayward was throwing BP’s image down the toilet with his words and uncaring attitude. BP already has a horrible public image because of the huge gulf oil spill. BP hopes Dudley will be able to communicate to the American public better than Hayward.
In the end, many people are still out of work because of the huge gulf oil spill. Oil has hit land in at least four states and has touched Florida’s coast. Fish and wildlife has been killed and who really knows what this oil spill will do to the ocean. BP showed its lack of care when it drilled the well and did not follow precautions careful enough to prevent the spill. Lack of caring is now always what you say. Lack of caring is what you do. BP promises to clean up the spill. This is good because they caused it. BP promises to pay everybody who is affected by this oil spill. Good try BP.
BP made out government limit the drilling on the coastlines of the United States. They went against safety precautions and screwed all American’s. Eventually, American’s will be the ones who will have to pay the brunt of this horrible oil spill. We will have to pay at the pump. We will have to pay foreign oil companies (who do not care about the United States) for their oil. BP says they will pay for everything. They are lying. You and your neighbors will eventually have to pay every penny for this cleanup.
BP’s CEO change was not done to help the United States. BP’s CEO change was done to try to make them look better. Huge oil companies do not care about people affected by them. They care about profits. Huge oil companies only pay people money when they are forced to pay people money. Will Dudley do a better job than Hayward? It remains to be seen. BP hopes Dudley does a better job with their image. Hayward is not what destroyed BP’s image. BP’s greed is what destroyed their image. They cut corners and let millions of gallons of oil leak into our oceans.