BP (NYSE:BP) CEO Tony Hayward may be about to be given the boot, according to a report from the Times in London. The top candidate in line to replace Hayward is Robert Dudley, who was put in charge of the cleanup operations after Hayward made one public relations blunder after another.
The report said the replacement for Hayward should be announced sometime in the latter part of August or the early part of September. Sources for the story were unnamed.
Once Hayward made the comment that he wanted his "life back," his fate was pretty much sealed, as there isn't a day that goes by where the media keeps that in the face of the public to remind them.
In the public relations nightmare that continues, having a U.S. citizen like Dudley at the helm of the oil giant could go a long way towards making things worse, and actually begin to make things right in the cleanup and payout of claims.
Other possible replacement mentioned by analysts are Andy Inglis, who heads up exploration and production, and Iain Conn, chief of refining and marketing at BP.