Summary
LONDON - BP is jettisoning CEO Tony Hayward, whose verbal blunders made the oil giant's image even worse as it struggled to contain the Gulf oil spill, and will assign him to a key job in Russia, a person familiar with the matter said Monday.
Hayward is set to step down in October and take a post at TNK- BP, the company's joint venture in Russia, according to the person, who spoke on condition of anonymity because an official announcement had not been made by the British company's board.See the full content of this document
Extract
Bp's Hayward to Leave As Ceo
The move was being made more than three months after an oil rig explosion set off the spill and le...
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