The Gulf of Mexico oil spill has been nothing but a disaster from the very beginning, and that includes Tony Hayward. Tony Hayward is the British Petroleum CEO who has been having a hard time communicating his thoughts without creating gaffes. There has been a lot of speculation about Hayward stepping down, and today it was confirmed.
According to New York Daily News, British Petroleum CEO Tony Hayward has revealed that he will step down in the wake of the disastrous oil spill in the Gulf of Mexico. From day one, Hayward has been making huge gaffes during his speeches, and has often been fairly incompetent in his handling of the mess. He will be stepping down in October to work on the company’s Russian operations. The man expected to replace him will be Robert Dudley, who is currently handling the daily operations of the Gulf of Mexico cleanup.
The announcement that Hayward will step down as CEO of British Petroleum comes at a time when hope is slowly fading for the Gulf of Mexico oil spill. With hurricane season upon us, it seems as if everyone is running out of time to find a permanent fix for the oil spill. I do not think Tony Hayward’s announcement will affect the Gulf cleanup effort at all. This is an oil disaster unlike any other we have ever seen, so expectations were set too high. I think his announcement, though, will bring a new relief to the Gulf coast effort, and might make people more understanding of the situation. A lot of time has passed without a real answer to how this oil spill can be completely stopped. It might make people feel better knowing Hayward is stepping down, but, overall, it will do little to make the situation any better for the people in the Gulf. I think that this decision was based on the company trying to do damage control to their name and reputation since the oil disaster.
This announcement is also similar to when the Association of Community Organizations for Reform Now chief organizer, Wade Rathke, resigned after an embezzlement scandal that came to surface. According to The Indypendent, the embezzlement scandal happened eight years before it was brought to light in 2008, which stirred a firestorm. Rathke founded Association of Community Organizations for Reform Now in 1970 and was a key figure in the rise of community organization. The incident stirred controversy from the right because this group was important in the election of Barack Obama. The Association of Community Organizations for Reform Now controversy led the group into eventually breaking down. The Association of Community Organizations for Reform Now incident was one of many where a corporate leader stepped down after unfortunate event in which their company was involved.
Corky Siemaszko, “BP CEO Tony Hayward to step down after oil spill, take role in company’s Russian operations: reports”, New York Daily News
Bennett Baumer, “ACORN Leader Steps Down, Puts New Controls in Place”, The Indypendent