Wednesday, June 23, 2010

BP (NYSE:BP) Finally Removes Hayward from Gulf Cleanup Role

Even though BP (NYSE:BP) had reportedly removed CEO Tony Hayward from the cleanup role recently, BP quickly came back and said the reports weren't true, and Hayward was still running things, although there would be a gradual shifting of responsibilities onto Bob Dudley.

That has all changes, and as of today, Dudley is in charge of the Gulf cleanup, as Hayward focuses on his CEO role in the company.

Dudley has been leading the operations of BP in Asia and the Americas, and has been involved with the rough and tumble dealings with the Russians, and was even ordered to stay out of the country.

Dudley will reside over the newly formed Gulf Coast Restoration Organization unit of the company, and will still report directly to Hayward.

"In the near term, my focus will be on listening to stakeholders, so we can address concerns and remove obstacles that get in the way of our effectiveness. And we'll build an organization that over the longer term fulfills BP's commitments to the restore the livelihoods and the environment of the Gulf Coast," Dudley said.

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